RBI cancels Certificate of Registration of 2 NBFCs

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Published on November 11, 2025

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RBI cancels Certificate of Registration of 2 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	Jumbo Finvest (India) Limited	102, Kanchan Apartment, Opp. L.B.S College, Tilak Nagar, Raja Park, Jaipur, Rajasthan- 302004	B- 10.00186	October 24, 2011	October 14, 2025
2	Champion Agro Finance Limited	A/1/301, Shree Apartment, Veraval Main Road, Veraval (Shapar), Kotda Sangani, Rajkot, Gujarat - 360024	01.00252	August 02, 2010	October 15, 2025

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.

(Brij Raj)
Chief General Manager

Press Release: 2025-2026/1486