RBI cancels Certificate of Registration of Three NBFCs

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Published on February 09, 2024

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RBI cancels Certificate of Registration of Three 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	Bharathu Investment & Finance India Limited.	East Gandhi Maidan, Jehanabad, Bihar-804408	B-15.00013	September 26, 1998	January 17, 2024
2	Cox & Kings Financial Service Limited	1st Floor, Turner Morrison Building, 16 Bank Street, Fort, Mumbai, Maharashtra - 400001	N.13.02242	May 18, 2018	January 17, 2024
3	PSPR Enterprises Private Limited	707, 7th Floor Gopal Heights, Plot No D-9 Shubhash Place Pitampura, Rani Bagh, North West Delhi, Delhi - 110034	B-14.01725	June 15, 2017	January 25, 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.

(Yogesh Dayal)
Chief General Manager

Press Release: 2023-2024/1848