Case Brief
The Reserve Bank of India cancelled the Certificate of Registration of M/s Bambino Finance Private Ltd., Hyderabad, a non-banking financial company (NBFC). The cancellation was issued under Section 45-IA(6) of the Reserve Bank of India Act, 1934. The release does not specify the factual violations or operational conduct that led to the cancellation, but the action itself is a complete withdrawal of the company’s NBFC registration.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Hyderabad, Telangana
- Order Date