A total of 22 non-banking financial companies (NBFC) were sealed in Deogarh and Pakur districts of Jharkhand after a chit fund company allegedly disappeared in Pakur, senior government officials said today.

Volkswagen Finance Private Limited, a subsidiary of Germany-based Volkswagen Financial Services AG, on Monday said it has received a licence from the RBI to set up a Non-Banking Finance Company (NBFC)