RBI cancels registrations of six NBFCs

The Reserve Bank of India (RBI) on October 12 announced the cancellation of registration (licenses) of six NBFCs.

The list includes names such as Cartel Finance and Investments Private Limited, Alamgir Motor Finance Limited, Nau-Nidh Finance Limited, Kim Investment Limited, Sambandh Finserve Private Limited, and BTL Holding Company Limited.