rbi: Housing Financing Companies, 8 NBFC submits the RBI registration certificate

rbi: Housing Financing Companies, 8 NBFC submits the RBI registration certificate

Following the cancellation of the CoR, Indie Homefin cannot transact the business of a housing finance institution nor of a non-banking financial institution.

Story Highlights:

  • The NBFCs that have surrendered the CoRs are Morgan Stanley India Securities Pvt Ltd, Sankalp Granites Pvt Ltd, Yardley Investment and Trading Company Pvt Ltd, Shirdi Credit and Finance Pvt Ltd, Mangalam Softwares Pvt Ltd, Dholadhar Investments Pvt Ltd, Goodwill Financial Services Pvt Ltd and West Bengal Industrial Development Corpn Ltd.

  • The eight NBFCs too cannot carry out the business of non-banking financial institutions.

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