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Kirloskar Oil Engines’ arm gets registered as NBFC

Kirloskar Oil Engines’ wholly owned subsidiary — Kirloskar Capital has received a Certificate of Registration (CoR) dated October 29, 2018 under Section 45 (IA) of Reserve Bank of India Act, 1934 to carry on the business of a Non-Banking Financial Institution (without accepting public deposits) from Reserve Bank of India (RBI) on October 30, 2018.

Kirloskar Oil Engines manufactures diesel engines. The engines are preferred by various services sectors like banks, telecommunication establishments, commercial use buildings, hotels and restaurants.

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