RBI Cancels Registration Certificates Of Star Finserv, Polytex For Irregular Lending Practices

Hyderabad-based Star Finserv India was offering the service under ‘Progcap’ (owned and operated by Desiderata Impact Ventures Private Limited). Polytex India, headquartered in Mumbai, was providing services under the ‘Z2P’ mobile application (owned and operated by Zaitech Technologies Private Limited). Hyderabad-based Star Finserv India was offering the service under ‘Progcap’ (owned and operated by Desiderata Impact Ventures Private Limited). Polytex India, headquartered in Mumbai, was providing services under the ‘Z2P’ mobile application (owned and operated by Zaitech Technologies Private Limited).  Zee News :Business

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