Key Points
Foodtech major Zomato on Tuesday (July 2) said that its subsidiary Zomato Financial Services Limited (ZFCL) has decided to voluntarily withdraw its application to operate as a non-banking financial company (NBFC)..
In an exchange filing on July 2, the company said the decision was taken by the board of Zomato Financial Services Limited...
July 2, 2024, has decided to voluntarily withdraw the application dated April 29, 2022, submitted with the Reserve Bank of India (RBI) for getting a certificate of registration for undertaking the business of a Non-Banking Financial Company (Type II NBFC-ND) as we do not wish to pursue the lending/credit business anymore," the company stated...
The disclosure of the surrender of the certificate of authorization by Zomato Payment Private Limited (ZPPL), a subsidiary of Zomato, to operate as an online payment aggregator was done voluntarily earlier this year..
