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RBI cancels Certificate of Registration of Three 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 Registered Office Address CoR No. CoR Issued On Cancellation Order Date
1 Bharathu Investment & Finance India Limited. East Gandhi Maidan, Jehanabad, Bihar-804408 B-15.00013 September 26, 1998 January 17, 2024
2 Cox & Kings Financial Service Limited 1st Floor, Turner Morrison Building, 16 Bank Street, Fort, Mumbai, Maharashtra - 400001 N.13.02242 May 18, 2018 January 17, 2024
3 PSPR Enterprises Private Limited 707, 7th Floor Gopal Heights, Plot No D-9 Shubhash Place Pitampura, Rani Bagh, North West Delhi, Delhi - 110034 B-14.01725 June 15, 2017 January 25, 2024

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: 2023-2024/1848

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