Tuesday, July 23, 2013

RBI starts scrutiny of nearly 3,000 private finance companies

.....Sources said RBI has started scrutiny of about 3,000 companies that are engaged as non-banking financial company (NBFCs) without being registered with it. The apex bank has sought details from them about their financials, including balance sheets, for the last three years, among others, sources added. Information has been sought from companies that are registered with the Registrar of Companies (RoC) in different parts of the country.............

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