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A total of 17 NBFCs have closed in India. 11 NBFCs surrendered their License to RBI and 6 NBFCs have been closed.
The following 11 Non-Banking Financial Companies (NBFCs) have surrendered their Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI has cancelled their CoR under Section 45-IA (6) of the RBI Act, 1934.
i) Cancellation due to exit from NBFC business:
| Sr. No. | Company Name | Address | CoR No. | CoR Issued On | CoR Cancelled On |
|---|---|---|---|---|---|
| 1 | Ekagrata Finance Private Limited | Nova Miller, Ground Floor, No 333 Thimmiah Road Vasanth Nagar, Bangalore, Karnataka – 560052 | N-02.00321 | Sep 27, 2019 | Mar 04, 2025 |
| 2 | Ezcred Private Limited | Villa 324, Adarsh Palm Retreat Villas, Phase-2 Bellandur, Bangalore, Karnataka – 560103 | N-02.00296 | Mar 15, 2018 | Mar 05, 2025 |
| 3 | Lamina Leasing and Finance Limited | 8th Floor, B Wing, Rama Bhavan complex, Kodialbail Mangalore, Karnataka – 575003 | B-02.00130 | Dec 10, 2003 | Mar 05, 2025 |
| 4 | Hinduja Finance Limited | Plot No. C-21, Tower-C, G Block, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra – 400051 | N-13.01870 | Jun 12, 2007 | Mar 07, 2025 |
| 5 | Whitegold Holdings Private Limited | 84-A, Mittal Court, 8th Floor, 224, Nariman Point, Mumbai, Maharashtra – 400021 | 13.00744 | Mar 01, 2021 | Mar 13, 2025 |
| 6 | Trident Microfin Private Limited | #11-4-189/4, Plot No. 19, 2nd Floor, Road No.6, Venkateshwara Colony, Saroornagar, Rangareddy, Telangana – 500035 | B-09.00440 | Feb 24, 2014 | Mar 26, 2025 |
| 7 | Digikredit Finance Private Limited | Office No 260, 1st Floor, Raghuleela Mega Mall, Behind Poisar Bus Depot, Off S.V. Road, Kandivali West, Mumbai, Maharashtra 400067 | N-13.02223 | Feb 07, 2018 | Mar 28, 2025 |
| 8 | Rutgers Investment and Trading Company Private Limited | 29, Bank Street, 1st Floor, Fort, Mumbai, Maharashtra – 400001 | 13.00353 | Mar 18, 1998 | Mar 28, 2025 |
ii) Cancellation due to merger/strike-off/dissolution:
| Sr. No. | Company Name | Address | CoR No. | CoR Issued On | CoR Cancelled On |
|---|---|---|---|---|---|
| 1 | Joindre Finance Private Limited | 1607 16th Floor, Lodha Supremus, Opp. Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra – 400013 | N-13.01838 | Aug 31, 2006 | Mar 17, 2025 |
| 2 | Jasol Investment & Trading Co Pvt Ltd | 1607 16th Floor, Lodha Supremus, Opp. Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra – 400013 | 13.00864 | May 26, 1998 | Mar 17, 2025 |
| 3 | S. M. Management Private Limited | Makum Road, Tinsukia, Assam – 786125 | 08.00174 | Aug 10, 2005 | Mar 20, 2025 |
These 6 NBFCs have been closed
Using its authority under the RBI Act, the Reserve Bank of India has cancelled the CoR of the following 6 companies:
| Sr. No. | Company Name | Address | CoR No. | CoR Issued On | CoR Cancelled On |
|---|---|---|---|---|---|
| 1 | Thamiraparani Investments Private Limited | Flat No. D-2, Srishti Crescendo, D/No 24, Desika Road, Chennai, Tamil Nadu – 600004 | B-07.00674 | Jan 10, 2002 | Mar 24, 2025 |
| 2 | Aramusk Infrastructure Investments Limited | D1, Srishti Crescendo, 24, Desika Road, Chennai, Tamil Nadu – 600004 | B-07.00182 | Jun 12, 2001 | Mar 24, 2025 |
| 3 | Viswapriya Gold Hire Purchase Limited (Now Viswapriya Finance Limited) | 75-C, II Main Road, Gandhi Nagar, Adyar, Chennai, Tamil Nadu – 600020 | B-07.00214 | Apr 08, 2002 | Mar 24, 2025 |
| 4 | Matrix Financial Services Ltd | D1 Srishti Crescendo, 24, Desika Road, Chennai, Tamil Nadu – 600004 | B-07.00554 | Dec 27, 2000 | Mar 24, 2025 |
| 5 | Unitara Finance Limited | 70, Transport Nagar, Indore, Madhya Pradesh – 452001 | B-03.00016 | Feb 20, 1998 | Mar 24, 2025 |
| 6 | Well Fin Securities Limited | 4th Floor, Agarwal Complex, Navrangpura, Near CG Road, Ahmedabad, Gujarat – 380009 | B.01.00438 | Nov 22, 2002 | Mar 26, 2025 |
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