Cox & Kings subsidiary has received non-banking finance company (NBFC) license, from the Reserve Bank of India (RBI).
The company stated, “Reserve Bank of India (RBI) has granted a non-banking finance company (NBFC) Licence to Cox & Kings Financial Service Limited, a wholly owned Subsidiary of the company.”
Cox & Kings Financial Service Limited plans to carry on the business of holiday financing, student loan financing and other non-banking financial service activities and a foreign exchange business.
Read EquityPandit’s Technical Analysis of Indian Stock Market