Reserve Bank cancels Certificate of Registration of five NBFCs due to irregular lending practices.
NBFC List-
Original RBI Notice- https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR265NBFCC9C064B84585466F9F17BEAAA9E80E61.PDF
NBFC List-
| Name Of The NBFC | Name of the services provider/ mobile app |
|---|---|
| UMB Securities Limited | M/s Fastapp Technologies Private Limited |
| Anashri Finvest Limited | M/s Datimes Private Limited, M/s Bullintech Finance Private Limited, M/s TGHY Trustrock Private Limited, Mrupee, Kush Cash, Karna Loan, Mr Cash, FlyCash, More. |
| Chadha Finance Private Limited (now known as Chadha Finance Limited) | Wifi Cash |
| Alexcy Tracon Pvt Ltd | Badabro/ M/s Badabro Giga Venture Private Limited |
| Jhuria Financial Services Private Limited | M/s Aeritech Private Limited, M/s Finclub Technologies Private Limited, MoNeed, MoMo, CashFish, Kredipe, RupeeLand, Rupee Master |
Original RBI Notice- https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR265NBFCC9C064B84585466F9F17BEAAA9E80E61.PDF
