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RBI cancelled registration of M/s Western Securities Ltd
Mumbai, Nov 6 (UNI) The Reserve Bank of India (RBI) has cancelled the certificate of registration granted to the city-based Western Securities Limited for carrying on business of a non-banking financial institution as the company has opted to exit from the business of a non-banking financial institution.
Following cancellation of the registration certificate, the company cannot transact the business of a non-banking financial institution, a release issued by RBI said.
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Story first published: Thursday, November 6, 2008, 21:02 [IST]