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RBI cancels Certificate of Registration of Four NBFCs

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 cancelled the Certificate of Registration of the following companies.

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued On Cancellation Order Date
1 Bharatpur Investment Ltd Shri Ramji Sadan, 30-B, New Civil Lines, Bharatpur City, Bharatpur, Rajasthan - 321001 10.00031 March 06, 1998 July 03, 2024
2 K.S. Finlease Limited 15/264 Above SBI, Mandi Branch, Jiwajiganj, Morena, Madhya Pradesh - 476001 B-03.00114 September 25, 2000 August 14, 2024
3 Build Con Finance Limited RMZ Millenia Business Park, Campus 1A, No. 143, Dr. M.G.R Road (North Veeranam Salai), Perungudi, Sholinganallur, Kanchipuram, Tamil Nadu – 600096 B-07.00475 October 17, 2000 August 19, 2024
4 Operating Lease and Hire Purchase Company Limited No. 10, R Block, 2nd Floor, Prem Nagar, South Boag Road, T Nagar, Chennai, Tamil Nadu – 600017 B-07.00320 September 22, 1998 August 20, 2024

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.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/1096

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