MoneyWorks4Me

Karnavati Finance gets nod for full fledged money changer

14 Jun 2016 Evaluate

Reserve Bank of India (RBI) has granted the License to Karnavati Finance for carrying on the activities of Full Fledged Money Changing for a period of one year i.e. May 31, 2017. The license number is 1916/2016.

Karnavati Finance is engaged primarily in the business of providing loans as per the requirement of customers and they are both secured and unsecured finance. It is mainly involved in business loan and personal loan. The company’s products are typically directed at Individuals and small and medium size entities.

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