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Friday, Sep 10, 2004

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Money & Banking - NBFCs


2 NBFCs derecognised

Our Bureau

HYDERABAD: RBI has cancelled the certificates of registration granted to two Hyderabad-based NBFCs, Dalia Securities Ltd and Chillakuru Investments Pvt Ltd.

While the registered office of Dalia Securities is located in Esamia Bazar, the office of Chillakuru Investments is situated in Dwarakapuri Colony here.

In two separate announcements, RBI said that following the cancellation of registrations, these entities should not transact the business of NBFCs.

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