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2 Non-Banking Financial Companies surrender their Certificate of Registration to Reserve Bank of India

The following 2 Non-Banking Financial Companies (NBFCs) 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.

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Cancellation Order Date
1 Empower India Capital Investments Private Limited Door No- 42/84, Plot No. 73, Santhi Nagar Housing Colony, South Kalamassery, Ernakulam, Kerala-683104 N-16.00183 September 09, 2008 May 13, 2022
2 Mangalmayee Garments Private Limited (Presently known as Abhijeet Ferrotech Limited) FE-83, Sector-III, Salt Lake City, Ground Floor, Kolkata, West Bengal- 700106 B.05.03318 December 23, 2000 May 30, 2022

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 Reserve Bank of India Act, 1934.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2022-2023/343

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