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10 NBFCs surrender their Certificate of Registration to RBI

The following 10 Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 Poonawalla Investments and Industries Private Limited S.No.268, Off Soli Poonawalla Road, Hadapsar, Pune, Maharashtra - 411028 N-13.01841 August 30, 2006 July 09, 2025
2 Zenith Securities and Investment Limited G-80, Ground Floor, Profit Centre, 90 Feet Road, Mahavir Nagar, Kandivali West, Mumbai, Maharashtra - 400067 13.01041 September 28, 1998 July 17, 2025
3 Kansal Fincap Limited 4630/18-B, IInd Floor, Ansari Road, Darya Ganj New Delhi- 110002 B-14.00424 December 23, 2002 July 23, 2025
4 The Swastik Safe Deposit and Investments Ltd 1st Floor, Piramal Tower, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Delisle Road, Mumbai, Maharashtra, India - 400013 13.00535 March 24, 1998 July 24, 2025
5 Satram Leasing and Finance Limited 430, 4th Floor, City Centre The Mall, Kanpur, Uttar Pradesh - 208001 12.00144 September 28, 1998 July 28, 2025
6 Mango Finance (India) Private Limited 6th Floor, INGS Point, Opposite Mumbai University, C.S.T. Road, Kalina, Santacruz (East), Mumbai, Maharashtra - 400098 13.00500 March 24, 1998 July 31, 2025


ii) Due to meeting the criteria prescribed for unregistered Core Investment Company (CIC) that do not require registration


iii) Cancellation of CoR due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.

(Puneet Pancholy)     
Chief General Manager

Press Release: 2025-2026/896

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