RBI cancels registration of Rhino Finance due to irregular lending practices

RBI cancels registration of Rhino Finance due to irregular lending practices

[ad_1] Representative Image Mumbai: The Reserve Bank of India on Thursday said it has cancelled the registration of Guwahati-based Rhino Finance Private Ltd for irregular lending practices. In a release, it said the Certificate of Registration (CoR) of Rhino Finance has been cancelled on account of violation of RBI guidelines on outsourcing and Fair Practices … Read more