2 NBFCs surrender their Certificate of Registration to RBI

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Published on August 06, 2018

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2 NBFCs surrender their Certificate of Registration to RBI

The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration.

Sr. No.	Name of the Company	Office Address	CoR No.	Issued On	Cancellation Order Date
1.	M/s Kongu Investors Investments Limited	Kongu Matriculation School Campus, Paramathy Main Road, Velur, Salem-638 182, Tamil Nadu	07.00219	April 20, 1998	July 04, 2018
2.	M/s Jeewan Limited	Bajaj Bhawan, 2nd Floor, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai-400 021	13.00648	April 07, 1998	June 21, 2018

As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

Ajit Prasad
Assistant Adviser

Press Release:2018-2019/324