Case Brief
The Reserve Bank of India has restored the Certificate of Registration of the NBFC after taking into account orders passed by the Appellate Authority and Courts. The notice does not impose any new penalty or restriction; instead, it lifts the earlier regulatory action. RBI also reminds the NBFC to adhere to the applicable provisions of the RBI Act, 1934, and all relevant RBI guidelines, directions, and reporting requirements.
Action Snapshot
- Primary Impact
- Lifted
- Entity Type
- NBFC
- Action Type
- Action lifted
- Order Date