The Reserve Bank of India, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, issued Directions to the following NBFCs to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024:
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Name
NBFC
RBI Bans Loan Sanction and Disbursal from Four NBFCs
Last updated: 21 October 2024
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