Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Jan 18, 2019
4 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. Thacker & Co. Ltd. Jatia Chambers, 60, Dr. V.B. Gandhi Marg, Mumbai-400 001 13
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. Thacker & Co. Ltd. Jatia Chambers, 60, Dr. V.B. Gandhi Marg, Mumbai-400 001 13
PDF (
Jan 14, 2019
RBI imposes monetary penalty on Bajaj Finance Ltd
The Reserve Bank of India (RBI) has imposed, by an order dated January 03, 2019, a monetary penalty of ₹ 10.0 million on Bajaj Finance Ltd. (the NBFC) for violation of Fair Practices Code of Master Direction DNBR. PD. 008/03.10.119/2016-17 dated September 01, 2016. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 58G(1)(b) read with sub-section 5(aa) of section 58B of the RBI Act, 1934. This action is based on deficienc
The Reserve Bank of India (RBI) has imposed, by an order dated January 03, 2019, a monetary penalty of ₹ 10.0 million on Bajaj Finance Ltd. (the NBFC) for violation of Fair Practices Code of Master Direction DNBR. PD. 008/03.10.119/2016-17 dated September 01, 2016. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 58G(1)(b) read with sub-section 5(aa) of section 58B of the RBI Act, 1934. This action is based on deficienc
Jan 11, 2019
RBI Issues Directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad (Telangana)
The Reserve Bank of India is satisfied that in the interest of public, it is necessary to issue certain directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that Sri Bharathi Co-operative Urb
The Reserve Bank of India is satisfied that in the interest of public, it is necessary to issue certain directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that Sri Bharathi Co-operative Urb
Jan 10, 2019
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Girik Estates Private Limited Metal Market Building, 157, N S Road, Top Floor, Kolkata-700 001, West Bengal B-05.04179 April 23, 2001 Novembe
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Girik Estates Private Limited Metal Market Building, 157, N S Road, Top Floor, Kolkata-700 001, West Bengal B-05.04179 April 23, 2001 Novembe
Jan 08, 2019
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Khaitan Urja Private Limited 27, Weston Street, 5th Floor, Room No. 514, Kolkata-700 012, West Bengal B.05.04389 September 18, 2001 December
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Khaitan Urja Private Limited 27, Weston Street, 5th Floor, Room No. 514, Kolkata-700 012, West Bengal B.05.04389 September 18, 2001 December
Jan 08, 2019
RBI cancels Certificate of Registration of 13 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Fast-N-Perfect Commercial Pvt. Ltd. 23 A, N.S. Road, 3rd Floor, Room No. 10, Kolkata-700 001, West Bengal 05.01135 March 20, 1998 November 12
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Fast-N-Perfect Commercial Pvt. Ltd. 23 A, N.S. Road, 3rd Floor, Room No. 10, Kolkata-700 001, West Bengal 05.01135 March 20, 1998 November 12
Jan 01, 2019
RBI releases guidelines on restructuring of advances to MSMEs
Micro, Small and Medium Enterprises (MSMEs) form an important component of the Indian economy and contribute significantly to the country’s GDP, exports, industrial output, employment generation, etc. Considering the importance of MSMEs in the Indian economy, it is considered necessary at this juncture to take certain measures for creating an enabling environment for the sector. The issue of restructuring of MSME accounts was discussed in the meeting of the Central Bo
Micro, Small and Medium Enterprises (MSMEs) form an important component of the Indian economy and contribute significantly to the country’s GDP, exports, industrial output, employment generation, etc. Considering the importance of MSMEs in the Indian economy, it is considered necessary at this juncture to take certain measures for creating an enabling environment for the sector. The issue of restructuring of MSME accounts was discussed in the meeting of the Central Bo
Dec 31, 2018
Applicable Average Base Rate to be charged by NBFC-MFIs for the Quarter Beginning January 01, 2019
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning January 01, 2019 will be 9.15 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the ave
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning January 01, 2019 will be 9.15 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the ave
Dec 24, 2018
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company COR No Date of issue of CoR Date of Cancellation of CoR 1. Subh Data Processing Private Limited 47/1 H, Hajra Road, Amrapali Apartment, 1st Floor, Flat No-1A, Kolkata-700 019, West Bengal B-05.04987 M
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. Sl. No. Name of the Company Registered Office address of the Company COR No Date of issue of CoR Date of Cancellation of CoR 1. Subh Data Processing Private Limited 47/1 H, Hajra Road, Amrapali Apartment, 1st Floor, Flat No-1A, Kolkata-700 019, West Bengal B-05.04987 M
Dec 21, 2018
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Bhagwan Instalments Limited Station Road, Ujhani, Distt. Badaun, Uttar Pradesh-243 639 B-12.00173 September 12, 2008 October 10, 2018 2. I. C
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Bhagwan Instalments Limited Station Road, Ujhani, Distt. Badaun, Uttar Pradesh-243 639 B-12.00173 September 12, 2008 October 10, 2018 2. I. C
Dec 21, 2018
5 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. Mano Finance Limited 29, Gokhale Street, Ram Nagar, Coimbatore-641 009 B-07.00453
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. Mano Finance Limited 29, Gokhale Street, Ram Nagar, Coimbatore-641 009 B-07.00453
Dec 19, 2018
RBI cancels Certificate of Registration of 30 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. RSN Financial Services Limited 12 Government Place (East), Kolkata-700 069, West Bengal B.05.06852 May 05, 2010 November 12, 2018 2. Jai Anna
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. RSN Financial Services Limited 12 Government Place (East), Kolkata-700 069, West Bengal B.05.06852 May 05, 2010 November 12, 2018 2. Jai Anna
Dec 10, 2018
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Saptrishi Finance Limited 25, Bazar Lane, Bengali Market, New Delhi-110 001 B-14.02912 April 11, 2003 October 31, 2018 2. Shivbonanza Leasing
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Saptrishi Finance Limited 25, Bazar Lane, Bengali Market, New Delhi-110 001 B-14.02912 April 11, 2003 October 31, 2018 2. Shivbonanza Leasing
Nov 28, 2018
6 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. Rama Ferro Alloys & Finance Pvt. Ltd. Mouza-Khamar, PO.-Rajarhat, Bishnupur, 2
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. Rama Ferro Alloys & Finance Pvt. Ltd. Mouza-Khamar, PO.-Rajarhat, Bishnupur, 2
Nov 27, 2018
RBI cancels Certificate of Registration of 28 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. P S C Holding Private Limited Plot No. RZ-D-27, Nihal Vihar, Nangloi, Delhi-110 041 B-14.01722 May 15, 2000 September 17, 2018 2. G.R. Medi P
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. P S C Holding Private Limited Plot No. RZ-D-27, Nihal Vihar, Nangloi, Delhi-110 041 B-14.01722 May 15, 2000 September 17, 2018 2. G.R. Medi P
Nov 19, 2018
RBI cancels Certificate of Registration of 34 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. J N Malik Leasing & Finance Private Limited 4/2, Sarvpriya Vihar, New Delhi-110 016 B.14.02954 July 28, 2003 September 12, 2018 2. Ram Ba
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. J N Malik Leasing & Finance Private Limited 4/2, Sarvpriya Vihar, New Delhi-110 016 B.14.02954 July 28, 2003 September 12, 2018 2. Ram Ba
Nov 19, 2018
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Avadh Credit & Lease Ltd. Varuna Road Lines 619, Rangpur, New Delhi 14.01453 December 29, 1998 September 25, 2018 2. Mars Films Private L
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Avadh Credit & Lease Ltd. Varuna Road Lines 619, Rangpur, New Delhi 14.01453 December 29, 1998 September 25, 2018 2. Mars Films Private L
Nov 16, 2018
RBI cancels Certificate of Registration of 34 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Fountain Head Mercantiles Private Limited Office No. 156 Res Cowork01, Regus, The Legacy, Level-1, 25A, Shakespeare Sarani, Kolkata-700 017,
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Fountain Head Mercantiles Private Limited Office No. 156 Res Cowork01, Regus, The Legacy, Level-1, 25A, Shakespeare Sarani, Kolkata-700 017,
Nov 16, 2018
RBI cancels Certificate of Registration of 34 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Raja Devi Investment & Trading Company Private Limited 78/3, Janpath, 2nd Floor, New Delhi-110 001 B-14.02790 January 01, 2003 October 11
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Raja Devi Investment & Trading Company Private Limited 78/3, Janpath, 2nd Floor, New Delhi-110 001 B-14.02790 January 01, 2003 October 11
Nov 15, 2018
RBI cancels Certificate of Registration of 33 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Sai Capital Limited G-25, Ground Floor, Rasvilas Salcon D-1, Saket District Centre, Saket, New Delhi-110 017 14.01516 September 15, 1999 Sept
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Sai Capital Limited G-25, Ground Floor, Rasvilas Salcon D-1, Saket District Centre, Saket, New Delhi-110 017 14.01516 September 15, 1999 Sept
Nov 15, 2018
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Godfrey Leasing & Finance Limited 107, Uday Park, New Delhi-110 049 B-14.01771 June 26, 2000 September 28, 2018 2. Gurukripa Finvest Priv
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Godfrey Leasing & Finance Limited 107, Uday Park, New Delhi-110 049 B-14.01771 June 26, 2000 September 28, 2018 2. Gurukripa Finvest Priv
Nov 14, 2018
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Gupta Instalment Supply Limited Gupta Bhawan, Chhatri Chauraha, By Pass Road, Pilibhit, Uttar Pradesh-262 001 B-12.00410 January 14, 2016 Aug
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Gupta Instalment Supply Limited Gupta Bhawan, Chhatri Chauraha, By Pass Road, Pilibhit, Uttar Pradesh-262 001 B-12.00410 January 14, 2016 Aug
Nov 14, 2018
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Welford Distributors Private Limited 33A, J.L. Nehru Road, 12th Floor, Room No.13, Kolkata-700 071, West Bengal B.05.04353 September 10, 2001
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Welford Distributors Private Limited 33A, J.L. Nehru Road, 12th Floor, Room No.13, Kolkata-700 071, West Bengal B.05.04353 September 10, 2001
Nov 13, 2018
RBI cancels Certificate of Registration of 31 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Baynee Industries Ltd. 33A, Chowringhee Road, 18th Floor, Kolkata-700 001, West Bengal 05.02538 May 28, 1998 August 20, 2018 2. Citizen Foods
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Baynee Industries Ltd. 33A, Chowringhee Road, 18th Floor, Kolkata-700 001, West Bengal 05.02538 May 28, 1998 August 20, 2018 2. Citizen Foods
Nov 13, 2018
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Prabhat Capital Services Limited (Formerly known as D.B.Capital Services Ltd.) 102 Akashdeep Building 26A, Barakhamba Road, Connaught Place,
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Prabhat Capital Services Limited (Formerly known as D.B.Capital Services Ltd.) 102 Akashdeep Building 26A, Barakhamba Road, Connaught Place,
Nov 12, 2018
RBI cancels Certificate of Registration of 30 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. G.L. Finance (P) Limited 5A, Robinson Street, Kolkata-700 017, West Bengal 05.02246 May 16, 1998 July 17, 2018 2. Albright Finance Private Li
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. G.L. Finance (P) Limited 5A, Robinson Street, Kolkata-700 017, West Bengal 05.02246 May 16, 1998 July 17, 2018 2. Albright Finance Private Li
Nov 12, 2018
RBI cancels Certificate of Registration of 30 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Harvinder Motor Finance Private Limited 144, Bhatti Pura, Delhi Road, Meerut City, Uttar Pradesh-250 002 B-12.00370 June 09, 2008 September 1
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Harvinder Motor Finance Private Limited 144, Bhatti Pura, Delhi Road, Meerut City, Uttar Pradesh-250 002 B-12.00370 June 09, 2008 September 1
Nov 09, 2018
RBI cancels Certificate of Registration of 31 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Jagadhatri Properties & Investments Private Limited 103, Hem Chandra Naskar Road, 1st Floor, Flat No. 2, PS-Beliaghata, Kolkata-700 010,
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Jagadhatri Properties & Investments Private Limited 103, Hem Chandra Naskar Road, 1st Floor, Flat No. 2, PS-Beliaghata, Kolkata-700 010,
Nov 09, 2018
17 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. Kumar Commodities Private Limited 54/5A, Strand Road, PS.-Jora Bagan, Kolkata-700
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. Kumar Commodities Private Limited 54/5A, Strand Road, PS.-Jora Bagan, Kolkata-700
Nov 06, 2018
RBI cancels Certificate of Registration of 30 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Divine Leasing and Finance Limited C-76, First Floor, Sector-22, Noida, Gautam Buddha Nagar (Uttar Pradesh)-201 301 14.00288 March 06, 1998 A
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Divine Leasing and Finance Limited C-76, First Floor, Sector-22, Noida, Gautam Buddha Nagar (Uttar Pradesh)-201 301 14.00288 March 06, 1998 A
Oct 30, 2018
RBI cancels Certificate of Registration of 31 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Ajanta Commerce Limited 5 & 6, Fancy Lane, Kolkata- 700 001, West Bengal B.05.06507 November 18, 2004 July 09, 2018 2. Jingle Bell Securi
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Ajanta Commerce Limited 5 & 6, Fancy Lane, Kolkata- 700 001, West Bengal B.05.06507 November 18, 2004 July 09, 2018 2. Jingle Bell Securi
Oct 29, 2018
RBI cancels Certificate of Registration of 31 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. RLA Holdings Pvt. Ltd. 545, G.T. Road (5), 4th Floor, Room no. 408, Howrah-711 101, West Bengal 05.00912 March 12, 1998 July 13, 2018 2. Kaja
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. RLA Holdings Pvt. Ltd. 545, G.T. Road (5), 4th Floor, Room no. 408, Howrah-711 101, West Bengal 05.00912 March 12, 1998 July 13, 2018 2. Kaja
Oct 26, 2018
RBI cancels Certificate of Registration of 32 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. Sl. No. Name of the Company Registered Office address of the Company COR no Date of issue of CoR Date of Cancellation of CoR 1. Adarsh Commercial Co Ltd. 27, Sir R N Mukherjee Road, Kolkata-700 001, West Bengal 05.02855 August 27, 1998 August 01, 2018 2. Deer Gold Deal
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. Sl. No. Name of the Company Registered Office address of the Company COR no Date of issue of CoR Date of Cancellation of CoR 1. Adarsh Commercial Co Ltd. 27, Sir R N Mukherjee Road, Kolkata-700 001, West Bengal 05.02855 August 27, 1998 August 01, 2018 2. Deer Gold Deal
Oct 25, 2018
RBI cancels Certificate of Registration of 30 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Mettur Finance Limited 9/88C, West Main Road, Mettur Dam, Salem-636 401 B-07.00009 March 19, 2004 August 31, 2018 2. Veer Motor Finance Priva
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Mettur Finance Limited 9/88C, West Main Road, Mettur Dam, Salem-636 401 B-07.00009 March 19, 2004 August 31, 2018 2. Veer Motor Finance Priva
Oct 24, 2018
RBI cancels Certificate of Registration of 30 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 A.U.S Finance & Investments (P) Ltd. Rama House, 23 Najafgarh Road, Industrial Area, Delhi- 110 015 14.00150 March 03, 1998 August 02, 201
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 A.U.S Finance & Investments (P) Ltd. Rama House, 23 Najafgarh Road, Industrial Area, Delhi- 110 015 14.00150 March 03, 1998 August 02, 201
Oct 23, 2018
RBI cancels Certificate of Registration of 31 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 Vishwajeet Financiers Ltd. (Presently known as Vishwajeet Financiers Pvt. Ltd.) 103/24/1, Foreshore Road, Inside Binani Metal Complex, Howrah-
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 Vishwajeet Financiers Ltd. (Presently known as Vishwajeet Financiers Pvt. Ltd.) 103/24/1, Foreshore Road, Inside Binani Metal Complex, Howrah-
Oct 22, 2018
RBI cancels Certificate of Registration of 30 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 Padmavati Leasing and Credits Private Limited Flat No.-7A-6, Maharani Bagh, New Delhi- 110 065 14.00299 March 06,1998 August 02, 2018 2 Udhav
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 Padmavati Leasing and Credits Private Limited Flat No.-7A-6, Maharani Bagh, New Delhi- 110 065 14.00299 March 06,1998 August 02, 2018 2 Udhav
Oct 16, 2018
RBI cancels Certificate of Registration of 30 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 J. D Motor Finance Limited First Floor, Vikas Complex, 37, Vir Savarkar Block, Vikas Marg, Shakarpur, Delhi-110 092 14.00744 May 25, 2007 Augu
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 J. D Motor Finance Limited First Floor, Vikas Complex, 37, Vir Savarkar Block, Vikas Marg, Shakarpur, Delhi-110 092 14.00744 May 25, 2007 Augu
Oct 12, 2018
RBI cancels Certificate of Registration of 31 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 Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1 Evergreen Commercial Co. Ltd. 35, Chittaranjan Avenue, 2nd Floor, Kolkata-700 012, West Bengal 05.02435 May 16, 1998 July 11, 2018 2 Meti Finance Private
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 Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1 Evergreen Commercial Co. Ltd. 35, Chittaranjan Avenue, 2nd Floor, Kolkata-700 012, West Bengal 05.02435 May 16, 1998 July 11, 2018 2 Meti Finance Private
Oct 09, 2018
RBI cancels Certificate of Registration of 28 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 Eita Services Private Limited 20B, Abdul Hamid Street, East India House, 4th Floor, Kolkata-700 069, West Bengal 05.03279 November 18, 1999 Ju
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 Eita Services Private Limited 20B, Abdul Hamid Street, East India House, 4th Floor, Kolkata-700 069, West Bengal 05.03279 November 18, 1999 Ju
Sep 28, 2018
Applicable Average Base Rate to be charged by NBFC-MFIs for the Quarter Beginning October 01, 2018
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning October 01, 2018 will be 9.02 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the ave
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning October 01, 2018 will be 9.02 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the ave
Sep 26, 2018
RBI cancels Certificate of Registration of 30 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 Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1 Polar Investments Ltd. 3, Narottam Morarjee Marg, Ballard Estate, Mumbai-400038 13.00296 March 09,1998 August 02, 2018 2 Prime Investrade Limited Gool Ma
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 Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1 Polar Investments Ltd. 3, Narottam Morarjee Marg, Ballard Estate, Mumbai-400038 13.00296 March 09,1998 August 02, 2018 2 Prime Investrade Limited Gool Ma
Sep 24, 2018
RBI cancels Certificate of Registration of 14 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 Banhem Securities Private Limited 312, Veena Chambers, 21 Dalal Street, Fort, Mumbai-400001 13.00830 May 26, 1998 August 01, 2018 2 Esquire En
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 Banhem Securities Private Limited 312, Veena Chambers, 21 Dalal Street, Fort, Mumbai-400001 13.00830 May 26, 1998 August 01, 2018 2 Esquire En
Sep 21, 2018
RBI cancels Certificate of Registration of 30 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellat-ion of CoR 1 Business India Securities and Finance Ltd Nirmal Building, 14th Floor, Nariman Point, Mumbai-400021 13.01203 March 11, 1999 July 12, 2018 2 B
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellat-ion of CoR 1 Business India Securities and Finance Ltd Nirmal Building, 14th Floor, Nariman Point, Mumbai-400021 13.01203 March 11, 1999 July 12, 2018 2 B
Sep 17, 2018
RBI cancels Certificate of Registration of 27 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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 Highseas Vyapaar Private Limited Room No. 4, Ground Floor, 8, Jashoda Mansion, Gazdhar Street, Chira Bazaar, Kalbadevi, Mumbai-400002 B - 13.0
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. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1 Highseas Vyapaar Private Limited Room No. 4, Ground Floor, 8, Jashoda Mansion, Gazdhar Street, Chira Bazaar, Kalbadevi, Mumbai-400002 B - 13.0
Sep 12, 2018
RBI cancels Certificate of Registration of 30 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 Office Address CoR No. Issued On Cancellation Order Date 1 Exken Finance Private Limited 107, Jolly Bhavan No. 1,10, New Marine Lines, Mumbai-400020 13.01312 11-Nov-1999 03-Jul-2018 2 Mandhana Finlease Private Limited 40 Heera, Mani Ratan, B
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 Office Address CoR No. Issued On Cancellation Order Date 1 Exken Finance Private Limited 107, Jolly Bhavan No. 1,10, New Marine Lines, Mumbai-400020 13.01312 11-Nov-1999 03-Jul-2018 2 Mandhana Finlease Private Limited 40 Heera, Mani Ratan, B
Sep 03, 2018
RBI cancels Certificate of Registration of 33 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 Office Address CoR No. Date of CoR Date of cancellation of CoR 1 Ankur Finstock Private Limited 419, Ajanta Sopping Center Ring Road,Surat – 395002 Gujarat B.01.00334 October 09, 2000 July 18, 2018 2 Ashit Leasing and Finance Company Private
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 Office Address CoR No. Date of CoR Date of cancellation of CoR 1 Ankur Finstock Private Limited 419, Ajanta Sopping Center Ring Road,Surat – 395002 Gujarat B.01.00334 October 09, 2000 July 18, 2018 2 Ashit Leasing and Finance Company Private
Aug 31, 2018
10 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. Welspun Finance Limited (Presently known as Welspun Tradewel Limited) Survey No.7
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. Welspun Finance Limited (Presently known as Welspun Tradewel Limited) Survey No.7
Aug 30, 2018
RBI cancels Certificate of Registration of 30 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 Office Address CoR No. Issued On Cancellation Order Date 1. Deora Finance Pvt. Ltd. 31, Hariram Goenka Street, 1st Floor, Kolkata-700 007, West Bengal 05.01175 March 21, 1998 July 04, 2018 2. Kamdhenu Lefins Pvt. Ltd Unit-1/1 Vanasittart Row
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 Office Address CoR No. Issued On Cancellation Order Date 1. Deora Finance Pvt. Ltd. 31, Hariram Goenka Street, 1st Floor, Kolkata-700 007, West Bengal 05.01175 March 21, 1998 July 04, 2018 2. Kamdhenu Lefins Pvt. Ltd Unit-1/1 Vanasittart Row
Aug 29, 2018
RBI cancels Certificate of Registration of 30 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 Office Address CoR No. Issued On Cancellation Order Date 1. NIF Financiers Limited A-61, Flat No-1, Ground Floor, Gali No. 4, Madhu Vihar, Near Dilli Gate, New Delhi-110 092 B-06.00350 September 25, 2000 July 12, 2018 2. Corpus Polychem Ltd.
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 Office Address CoR No. Issued On Cancellation Order Date 1. NIF Financiers Limited A-61, Flat No-1, Ground Floor, Gali No. 4, Madhu Vihar, Near Dilli Gate, New Delhi-110 092 B-06.00350 September 25, 2000 July 12, 2018 2. Corpus Polychem Ltd.
Install the RBI mobile application and get quick access to the latest news!
Page Last Updated on: October 30, 2024
