Press Releases

PDF document (288 kb)
Date : Nov 10, 2023
Four NBFCs and Two HFCs surrender their Certificate of Registration to RBI

The following Four Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

i) Due to exit from Non-Banking Financial Institution (NBFI) business:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 Ford Credit India Private Limited Urban Square, 3rd Floor, S. F. No- 278/3A & 9A, VOC Street, Gandhi Nagar, OMR, Kottivakkam, Chennai, Tamilnadu – 600 041 B-07.00802 December 12, 2014 October 10, 2023
2 Acoustic Commercial Pvt. Ltd. Room No. 4, 3rd Floor, A-06, Shyam Nagar, Benad Road, Jhotwara, Jaipur, Rajasthan - 302012 B-10.00277 April 05, 2018 October 13, 2023

ii) Due to meeting the criteria prescribed for unregistered Core Investment Company (CIC) that does not require registration:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 VSG Trade Pvt Ltd Hightension Electricals, Block No. 1, Mouza, A T Road, Near Toklai Bridge, Jorhat, Assam-785001 B.08.00201 May 27, 2016 October 03, 2023

iii) Due to NBFC ceasing to be a legal entity after amalgamation/merger/dissolution/ voluntary strike-off, etc.:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 Centrum Microcredit Limited Level-9, Unit 801, Centrum House, C.S.T. Road, Vidyanagari Marg, Kalina, Santacruz (E), Mumbai, Maharashtra - 400098 N-13.02206 December 06, 2018 October 25, 2023

Further, the following Housing Finance Companies (HFC) have surrendered the Certificate of Registration (CoR) granted by National Housing Bank. The RBI, in exercise of powers conferred on it under Section 29A of National Housing Bank Act, 1987, has therefore cancelled their CoR.

iv) Due to exit from Housing Finance Institution business:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 National Trust Housing Finance Limited No. 88, Mount Road, Guindy, Chennai, Tamilnadu - 600032 01.0024.01 August 16, 2001 September 21, 2023

v) Due to HFC ceasing to be a legal entity after amalgamation/merger/dissolution/ voluntary strike-off, etc.:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 Housing Development Finance Corporation Limited Ramon House, 169 Backbay Reclamation, H T Parekh Marg, Mumbai, Maharashtra - 400020 01.0006.01 July 31, 2001 October 26, 2023

(Yogesh Dayal)     
Chief General Manager

Press Release: 2023-2024/1275


2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Archives
Top