A Brief summary of the Micro/Small/Midcap Carnage

Hey Shailesh

RBI regularly cancels NBFC licenses you can look them up on RBI site. It could be that they are cancelling more post Aug 18. I think they cancelled 40-50 NBFC in CY17, ~120 in CY16 and so on. Lets not start writing in Caps and calling it a bomb.

You can check out notification section for all cancelled year wise.

Rgds

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