The Reserve Bank of India (RBI) has canceled the registration of UP’s Margdarshak Financial Services Limited. This registration has been canceled due to non-performing assets (NPAs) and default in repayment to lenders. Cancelling the registration certificate, RBI said that as of March 31, 2021, the company failed to maintain the minimum regulatory net owned fund … Continue reading RBI’s big action! RBI cancelled the registration certificate of this company