Two NBFCs derecognised

10 Sep 2004

1

Hyderabad: The RBI has cancelled the certificates of registration granted to two Hyderabad-based NBFCs. 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, the RBI said that following the cancellation of registrations, these entities should not transact the business of NBFCs.

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