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15 NBFCs have been closed in India. RBI has cancelled Certificate of Registration of 7 NBFCs and 8 NBFCs have surrendered their Certificate of Registration to the RBI.
The Reserve Bank of India (RBI), exercising powers under Section 45-IA (6) of the RBI Act, 1934, has cancelled the Certificate of Registration (CoR) of the following companies.
List of NBFCs Whose CoR Has Been Cancelled
| Sr No | Company Name | Registered Office Address | CoR No. | CoR Issued On | Cancellation Order Date |
|---|---|---|---|---|---|
| 1 | Kanoi Leasfin Ltd | 13A Dacres Lane, 7th Floor, Kolkata – 700069 | 05.00376 | February 26, 1998 | January 09, 2026 |
| 2 | Aditi Sanchar Suvidha Pvt Ltd | Siddha Weston 9, Weston Street, 2nd Floor, Room No. 229, Dharmatala, Kolkata – 700013 | B.05.04609 | October 15, 2001 | January 09, 2026 |
| 3 | Welmen Dealcomm Pvt Ltd | 45 Shakespeare Sarani, Room No. 303, Century Towers, Kolkata – 700017 | B.05.04333 | September 07, 2001 | January 16, 2026 |
| 4 | CTC Investments Private Limited | Centre Point, Room No. 322, 21 Hemant Basu Sarani, Kolkata – 700001 | N.05.06777 | October 22, 2008 | January 16, 2026 |
| 5 | Parrot Agencies & Credit Pvt Ltd | 303, Century Towers, 45 Shakespeare Sarani, Kolkata – 700017 | B.05.02341 | May 16, 1998 | January 28, 2026 |
| 6 | Monolisha Management Pvt Ltd | 133, Canning Street, 1st Floor, Kolkata – 700001 | B.05.03915 | January 22, 2003 | January 28, 2026 |
| 7 | MKN Investment Pvt Ltd | Constantia Office Complex, 8th Floor, South Block, 11 Dr. U.N. Brahmachari Street, Kolkata – 700017 | B.05.04016 | September 02, 2001 | January 28, 2026 |
As a result of the cancellation, the above companies shall not transact the business of a non-banking financial institution, as defined under Section 45-I(a) of the RBI Act, 1934.
The following eight NBFCs surrendered their Certificate of Registration (CoR). RBI has cancelled their CoR under Section 45-IA (6) of the RBI Act, 1934.
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(i) Cancellation Due to Exit from NBFC Business
| Sr No | Company Name | Registered Office Address | CoR No. | CoR Issued On | Date of Cancellation |
|---|---|---|---|---|---|
| 1 | AAR Shyam India Investment Company Limited | Space No. 920, Kirti Shikhar Building, District Centre, Janakpuri B-1, New Delhi – 110058 | B-14.03138 | February 20, 2008 | January 23, 2026 |
(ii) Cancellation Due to Becoming Unregistered CIC (Registration Not Required)
| Sr No | Company Name | Registered Office Address | CoR No. | CoR Issued On | Date of Cancellation |
|---|---|---|---|---|---|
| 1 | Rama Investment Co Private Limited | MIG-29, Indrawati Colony, Off Canal Linking Road, Raipur, Chhattisgarh – 492001 | B-03.00231 | October 09, 2025 | January 20, 2026 |
(iii) Cancellation Due to Amalgamation / Merger / Dissolution / Strike-off
| Sr No | Company Name | Registered Office Address | CoR No. | CoR Issued On | Date of Cancellation |
|---|---|---|---|---|---|
| 1 | Tata Motors Finance Limited | 14, 4th Floor, Sir H.C. Dinshaw Building, 16 Horniman Circle, Fort, Mumbai – 400001 | B-13.01936 | November 21, 2023 | October 07, 2025 |
| 2 | Piramal Enterprises Limited | Piramal Ananta, Agastya Corporate Park, Kamani Junction, LBS Marg, Kurla (West), Mumbai – 400070 | N-13.02432 | July 21, 2022 | December 15, 2025 |
| 3 | Sri Ramachandra Enterprises Pvt Ltd | Bemco Premises, Udyambag, Belgaum, Karnataka – 590008 | B-02.00190 | September 11, 2001 | January 08, 2026 |
| 4 | Shree Nirman Ltd | MIG-29, Indrawati Colony, Off Canal Linking Road, Raipur, Chhattisgarh – 492001 | N-07.00830 | May 19, 2017 | January 20, 2026 |
| 5 | Ankita Pratisthan Limited | MIG-29, Indrawati Colony, Off Canal Linking Road, Raipur, Chhattisgarh – 492001 | B-07.00825 | January 13, 2017 | January 20, 2026 |
| 6 | Mayuka Investment Limited | MIG-29, Indrawati Colony, Off Canal Linking Road, Raipur, Chhattisgarh – 492001 | B-14.03171 | December 04, 2008 | January 20, 2026 |
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