RBI Cancels Certificate of Registration of 10 NBFCs

RBI Cancels Certificate of Registration of 10 NBFCs

RBI cancels Certificate of Registration of 10 NBFCs Press Release : 2016-2017/1038 http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=38416 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of … Continue Reading →
Debit and Credit Card Data Breach

Debit and Credit Card Data Breach

Debit and Credit Card Data Breach The Reserve Bank of India convened a meeting today with senior officials from select banks, National Payment Corporation of India and card network operators to review the steps taken by various agencies to contain the adverse fall out of … Continue Reading →