Question : BAN ON NON-BANKING COMPANIES



(a) whether the Government proposes to impose ban on some non-banking companies and de-register them;

(b) if so, the details thereof; and

(c) if not, the reasons therefor ?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM)

(a) :- Reserve Bank of India (RBI) have reported that they have not identified any specific company for imposing a ban on it and/or de-register it.

(b) & (c): - Do not arise.