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22-Nov2017

RBI renews Karnavati Finance's FFMC Licence

The Reserve Bank of India has renewed the licence of Karnavati Finance dated November 13, 2017 for carrying on the activities of Full Fledged Money Changing (FFMC Licence) for a period of three years with effect from November 13, 2017.

Karnavati Finance is engaged primarily in the business of providing loans as per the requirement of customers and they are both secured and unsecured finance. It is mainly involved in business loan and personal loan.



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