Hyderabad, July 2: Deputy General Manager RBI has warned the general public that some foreign companies are doing NBFI business and accepting deposits without obtaining Certificate of Registration (CoR) while misusing the name of RBI by displaying a fake CoR on its web site for collection deposits from the public.
RBI informed the public that there is no company registered by the name of Forex Achievements. RBI has warned the general public against depositing their money with unincorporated financial bodies and companies otherwise they themselves would be responsible for the consequence.
The names of such companies are available on RBI’s web site at www.rbi.org.in-sitemapnbfclist.
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