Do not invest with unregistered NBFCs, says Punjab advisory
5 Nov 2014 10:51 PM GMT
To safeguard people from illegal money-pooling schemes, Punjab government has issued a public advisory cautioning people against investing with unregistered Non Banking Finance Companies (NBFCs).
The advisory has been issued after the state government noticed that most of the frivolous NBFCs amass public money by resorting to fraudulent tactics, a spokesman for the state finance department said.
The advisory has been issued after the state government noticed that most of the frivolous NBFCs amass public money by resorting to fraudulent tactics, a spokesman for the state finance department said.
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