MUMBAI, India, Sept. 22 -- Reserve Bank of India issued the following press release:
In exercise of the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank has cancelled the Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC):
Name/ details of the NBFC Name of the service provider (mobile app) Datta Finance and Trading Private Limited
Registered Office Address:
K-1/82 Chittaranjan Park, South Delhi, New Delhi, Delhi, India, 110019
CoR No.:
B-14.01007 dated March 29, 2000 1. KinCash app & DoLoan app - Zest Top One Technology Private Limited
2. ZestCash app - the company's in-house app
As such, the above company shall not, hereinafter, transact t...