Mumbai: The Reserve Bank of India on Thursday said it has cancelled certificate of registration (CoR) of three NBFCs, including two housing finance companies. In another statement, it said two Non-Banking Financial Companies (NBFCs) have surrendered their certificate of registration.
CoR of Noida-based Malik Motor Finance Limited has been cancelled. Housing finance companies whose registrations have been cancelled are -- Aizawl-based North East Region Housing Finance Company Limited and Gurgaon-based Aryarth Housing Finance Limited.
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NBFCs which surrendered the CoR granted to them by the RBI are -- Ernakulam-based Empower India Capital Investments Private Limited and Kolkata-based Mangalmayee Garments Private Limited (presently known as Abhijeet Ferrotech Limited). (PTI)