RBI cancels Certificate of Registration of two NBFC

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પ્રકાશિત તારીખ એપ્રિલ 13, 2023

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RBI cancels Certificate of Registration of two NBFC

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	BRD Securities Ltd	Door No: XIII/436, A2, I Floor, Bethany Complex, Kunnamkulam, Thrissur, Kerala 680503	B-16.00040	May 29, 2017	March 13, 2023
2	Lakshmi Finance Private Limited	8-1-1/1, Balaji Nagar, T/C, Karakachettu, Polamamba Road, Siripuram, Vishakhapatnam - 530003	N-09.00453	May 24, 2018	March 27, 2023

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: 2023-2024/62