Case Brief
The Reserve Bank of India has cancelled the Certificate of Registration of two non-banking financial companies under Section 45-IA(6) of the RBI Act, 1934. The affected entities are M/s Deep Capital Services Private Limited, Ahmedabad, and M/s DFL Infrastructure Finance Limited, Chennai. As a result, both companies are barred from transacting the business of a non-banking financial institution under the RBI Act.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Ahmedabad, Gujarat
- Order Date