Latest News

RBI cancelled license of 10 more NBFCs


➡️ Click here to join our Whatsapp Group

The RBI has cancelled license of 10 more NBFCs in India. A few days ago, 17 NBFCs got closed. With this closure of 10 more NBFCs, the total number has increased to 27. 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 CompanyRegistered Office AddressCoR No.CoR Issued OnCancellation Order Date
1East India Leasing Company LtdP-26 C I T Road Scheme VI M, Kolkata, West Bengal, India, 70007405.00864March 11, 1998January 09, 2025
2Kakrania Trading Pvt. Ltd.25A, Shakespeare Sarani, Kolkata, West Bengal, India, 70001705.01158March 21, 1998January 09, 2025
3Ekdant Capital Markets Pvt Ltd1/4C Khagendra Chatterjee Road P S Chitpur, Kolkata, West Bengal, India, 70000205.02110May 09, 1998January 09, 2025
4Goldstar Business Pvt LtdRoom No. 3, 26, P.K. Tagore Street, Police Station Jora Bagan, Kolkata, West Bengal, India, 70000605.02804September 04, 1998January 09, 2025
5Cyber Advisory Services Pvt. Ltd.17, Taratala Road, Kolkata, West Bengal, India, 70008805.00222February 20, 1998January 09, 2025
6Jit Finance Pvt Ltd7/1A Grant Lane, 4th Floor, Kolkata, West Bengal, India, 700012B-05.00807November 29, 2000January 09, 2025
7Baviscon Marketing Pvt.Ltd.18/1 M D Road, Kolkata, West Bengal, India, 70000705.01952May 02, 1998January 09, 2025
8Jyoti Vikas Trade Private LimitedChitrakoot Building (North) 2nd Floor Room No- 26, 230A, AJC Bose Road, Kolkata, West Bengal, India, 70002005.02703June 11, 1998January 09, 2025
9Aspective Distributors Pvt.Ltd.48, Netaji Subash Road,1st Floor Burra Bazar, Kolkata, West Bengal, India, 70000105.03218August 24, 1999January 09, 2025
10J.M. Textiles Pvt LtdAvani Signature, 91A/1 Park Street, Kolkata, West Bengal, India, 700016B.05.03712May 29, 2003January 09, 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.

Leave a Reply

Your email address will not be published. Required fields are marked *