Breaking News

You are here » Indian-Commodity  :  Top News  :  Choice International's arm gets COR to carry on NBFC Business

16-Jan2018

Choice International's arm gets COR to carry on NBFC Business

Choice International's wholly owned subsidiary -- Choice Finserv has received the Certificate of Registration (COR) to carry on the business as a Non-Deposit taking -Non -Banking Financial Company (NBFC) from the Reserve Bank of India with effect from January 12, 2018. On grant of NBFC Registration to the company's wholly owned subsidiary, Choice International the Holding Company, subject to the Shareholder's approval, propose to transfer the NBFC Business & thus surrenders its NBFC License, within six months from date to Choice Finserv. The company has availed the NBFC License, in its subsidiary to enhance & expand its NBFC Business.

Choice International offers services in area of project financing, assisting in raising funds by equity or debt routes, debt structuring, private equity, acquisitions, long term strategic planning, turnaround and structuring and joint ventures, divestitures and takeovers.



Related News

View all news

Crude oil futures end higher on Thursday

Crude oil futures ended higher on Thursday with marginal gains for the truncated week, as traders weighing near term crude supply and demand prospects. Oil prices took some support with tighter supply......

Turmeric futures trade higher on rising demand

Turmeric futures traded higher on NCDEX as market participants enlarged their holdings on account of rising demand for standing crop in the physical market. Moreover, government procurement in some states......

Coriander futures trade up on restricted arrivals

Coriander futures traded up on NCDEX as speculators built up fresh positions amid rising spot demand. Besides, tight stocks on account of restricted arrivals from major growing regions also fuelled the......

Top News

View all news

Lupin seeks more time from commerce ministry to complete project in Indore SEZ

Lupin has sought more time from the commerce ministry to complete its project, with proposed investment of Rs 205.69 crore, in the Indore Special Economic Zone (SEZ). The company is setting up its pharma......

Tata Sponge Iron to shift its registered office to Kolkata

Tata Sponge Iron has decided to shift its registered office from Keonjhar in Odisha to Kolkata, subject to the approval of the members of the company and other regulatory authorities. The company has also......

GVK Power's arms ink pact with ADIA, NIIF

GVK Power and Infrastructure's subsidiaries -- GVK Airports Developer (GVKADL) and GVK Airport Holdings (GVKAHL) have signed a term sheet and exclusivity agreement with Abu Dhabi Investment Authority (ADIA)......