Why RBI cancelled 201 FFMC licenses all those years ago?

Mysteries are subjective in their importance. For some, it’s mysterious if they don’t get their newspapers for time. For others like, the cancellation of FFMC license in 2016 remains the most mysterious topic.  What happened.  In 2016, suddenly the Reserve Bank of India decided to cancel FFMC license of 201 business entities in Chennai. Losing …

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