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 Company | Registered Office Address | CoR No. | CoR Issued On | Cancellation Order Date |
1 | East India Leasing Company Ltd | P-26 C I T Road Scheme VI M, Kolkata, West Bengal, India, 700074 | 05.00864 | March 11, 1998 | January 09, 2025 |
2 | Kakrania Trading Pvt. Ltd. | 25A, Shakespeare Sarani, Kolkata, West Bengal, India, 700017 | 05.01158 | March 21, 1998 | January 09, 2025 |
3 | Ekdant Capital Markets Pvt Ltd | 1/4C Khagendra Chatterjee Road P S Chitpur, Kolkata, West Bengal, India, 700002 | 05.02110 | May 09, 1998 | January 09, 2025 |
4 | Goldstar Business Pvt Ltd | Room No. 3, 26, P.K. Tagore Street, Police Station Jora Bagan, Kolkata, West Bengal, India, 700006 | 05.02804 | September 04, 1998 | January 09, 2025 |
5 | Cyber Advisory Services Pvt. Ltd. | 17, Taratala Road, Kolkata, West Bengal, India, 700088 | 05.00222 | February 20, 1998 | January 09, 2025 |
6 | Jit Finance Pvt Ltd | 7/1A Grant Lane, 4th Floor, Kolkata, West Bengal, India, 700012 | B-05.00807 | November 29, 2000 | January 09, 2025 |
7 | Baviscon Marketing Pvt.Ltd. | 18/1 M D Road, Kolkata, West Bengal, India, 700007 | 05.01952 | May 02, 1998 | January 09, 2025 |
8 | Jyoti Vikas Trade Private Limited | Chitrakoot Building (North) 2nd Floor Room No- 26, 230A, AJC Bose Road, Kolkata, West Bengal, India, 700020 | 05.02703 | June 11, 1998 | January 09, 2025 |
9 | Aspective Distributors Pvt.Ltd. | 48, Netaji Subash Road,1st Floor Burra Bazar, Kolkata, West Bengal, India, 700001 | 05.03218 | August 24, 1999 | January 09, 2025 |
10 | J.M. Textiles Pvt Ltd | Avani Signature, 91A/1 Park Street, Kolkata, West Bengal, India, 700016 | B.05.03712 | May 29, 2003 | January 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.
- 7 NBFCs surrendered Certificate of Registration to RBI
- RBI Cancelled License of 10 NBFCs, Check List Here