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Our Bureau

Hyderabad, June 15

The Reserve Bank of India (RBI) has on Thursday announced that it has cancelled the certificate of registration granted to Andhra Pradesh Tourism Finance Ltd for carrying on the 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 registration certificate, AP Tourism Finance cannot transact the business of a non-banking financial institution, the RBI said in a press release.

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