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    Question

    Recently RBI has canceled license of some of the NBFC

    in India, which of the following is not one among the following?
    A Coorg Tea Company. Correct Answer Incorrect Answer
    B Trinurti Finance Correct Answer Incorrect Answer
    C KK Patel Fianance Correct Answer Incorrect Answer
    D Genpact Finance Capital Correct Answer Incorrect Answer
    E JV Modi Securities Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India ( RBI ) has cancelled permits of seven non - banking finance companies ( NBFC ). The NBFCs whose certificate of registration was cancelled were Coorg Tea Company, Trimurthi Finvest, East West Finvest India, J . V . Modi Securities, K K Patel Finance, Purvi Finvest, and Genfin Capital Pvt Ltd, according to a press release from the RBI .

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