Sunday, January 24News That Matters

Tag: NBFCs

NBFCs below North Block scanner for anti-money laundering law breach

Business
A Hyderabad-essentially based fully mostly infra community, a Mumbai-essentially based fully mostly NBFC backed by a number one pharma company, and an NBFC owned by a Kolkata-essentially based fully mostly steel company are among the entities served with these notices, these sources if truth be told helpful ET. SynopsisTwo of us with philosophize recordsdata of the matter if truth be told helpful ET that below scrutiny are NBFCs space up by mountainous family industry groups, essentially to cater to the debt wants of their community corporations and linked occasions. Mumbai: Transactions essentially inviting linked occasions at family-owned non-monetary institution lenders have arrangement below the scanner of North Block, with a central department sending notices to about half a dozen su...