PATNA: There are more than 200 non-banking financial companies (NBFCs) registered with Reserve Bank of India (RBI) who are facing the threat of being declared vanishing companies, said Regional Director, RBI (Patna) Manoj Kumar Verma on Tuesday. He, however, said 42 NBFCs were in good shape. Elaborating the concept of vanishing companies, Verma said if an NBFC fails to submit its annual records for a few consecutive years, the RBI sends its representative for its physical verification.........
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