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Thursday, Jan 26, 2006


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Money & Banking - NBFCs


NBFC licence cancelled

Our Bureau

HYDERABAD: Reserve Bank of India has announced that it has cancelled the certificate of registration granted to Chennakesava Finance and Investments Pvt Ltd, located at Ameerpet here, for carrying on the business of a non-banking financial institution.

In a press release, the apex bank said the company could not transact the business of a non-banking financial institution following the cancellation of registration.

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