5 NBFCs surrender their Certificate of Registration to RBI

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प्रकाशित तारीख जानेवारी 11, 2024

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5 NBFCs surrender their Certificate of Registration to RBI

The following 5 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.

1. 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	Radical Fincap Private Limited	Plot No. 20, Nawab Area Layout, Tilak Nagar, Nagpur, Maharashtra - 440010	B-13.02164	August 22, 2017	December 15, 2023
2	Volkswagen Finance Private Limited	Wework, 4^th Floor, Building No. 4, North Wing, NESCO IT Park, Western Express Highway, Goregaon, Mumbai, Maharashtra - 400 063	N-13.01988	March 17, 2011	December 15, 2023
3	Sterling Guaranty & Finance Limited	No 3^rd and 4^th,3^rd Floor, The Centrium, Village Kurla Kirol, Kurla (W), Mumbai, Maharashtra - 400070	13.01229	April 20, 1999	December 15, 2023
4	Esteem Credits and Investments Private Limited	No.64, B-Block, Anna Nagar East, Chennai, Tamilnadu – 600040	B-07.00626	June 22, 2001	December 20, 2023

2. Due to meeting the criteria prescribed for unregistered Core Investment Company (CIC) that does not require registration:

Sr. No.	Name of the Company	Registered Office Address	CoR No.	CoR Issued on	Date of Cancellation of CoR
1	Sampada Business Solutions Limited	5th Floor, Ashoka My Home Chambers, Sindhi Colony, SP Road, Begumpet, Hyderabad, Telangana, -500003	N-09.00477	May 15, 2023	December 29, 2023