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RBI Cancels Sahara's NBFC Licence for Flouting Know-Your-Customer Norms - (15 Sep 2015)

Reserve Bank of India (RBI) has cancelled licence of Sahara India Financial Corporation Ltd (SIFCL), Sahara group’s Non-Banking Financial Co.(NBFC), effective September 3, as SIFCL had continuously flouted know-your-customer, asset-liability management and investments norms.

Tags : RESERVE BANK OF INDIA   SAHARA  

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