RBI cancels registration of Hire Purchase Company in UP

Mumbai, Feb 25 (UNI) The Reserve Bank of India (RBI) has cancelled the certificate of registration granted to Shree Parusram Ji Hire Purchase Company Limited, having its registered office at Soron Gate in Kasganj of Etah District (UP), for carrying on the business of a non-banking financial institution.

Following cancellation of the registration certificate, Shree Parusram Ji Hire Purchase Company Limited cannot transact the business of a non-banking financial institution, RBI said in a release here today.

UNI VK NM AG1414