The penalty was imposed for not complying with certain provisions of the ‘Master Direction – Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016’ issued by the Central Bank. The penalty was imposed for not complying with certain provisions of the ‘Master Direction – Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016’ issued by the Central Bank. Zee News :Business
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