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Career Point zooms 20% as arm gets RBI nod to carry NBFC business

New Delhi: Career Point Infosystems was locked in 20 per cent upper circuit at Rs 143.10 on BSE, after the company's wholly owned subsidiary receive a nod from the Reserve Bank of India (RBI) to

India TV Business Desk [ Updated: December 15, 2014 15:33 IST ]
career point zooms 20 as arm gets rbi nod to carry nbfc
career point zooms 20 as arm gets rbi nod to carry nbfc business

New Delhi: Career Point Infosystems was locked in 20 per cent upper circuit at Rs 143.10 on BSE, after the company's wholly owned subsidiary receive a nod from the Reserve Bank of India (RBI) to commence/carry on business of non banking financial institution.

“Reserve Bank of India has granted Certificate of Registration to Srajan Capital Limited, a wholly owned subsidiary company of Career Point, to commence/carry on business of non banking financial institution,” Career Point said in a BSE filing.

The stock hit a high of Rs 143.10 and a low of Rs 117.35 so far during the day.

Career Point Infosystems is one of the leading providers of tutorial services in India, with the main centre in Kota, Rajasthan.

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