About Us     Useful Information     FAQs     Financial Education     Complaints   Other Links   Extra Curricular
Home >> PressReleases - Display
Note : To obtain an aligned printout please download the (169.00 kb ) version to your machine and then use respective software to print the story.
Date: 28/11/2018
6 NBFCs surrender their Certificate of Registration to RBI

The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. 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 therefore cancelled their Certificate of Registration

Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date
1. Rama Ferro Alloys & Finance Pvt. Ltd. Mouza-Khamar, PO.-Rajarhat, Bishnupur, 24 Pgs (N) 05.01600 April 20, 1998 July 11, 2018
2. Bakshi Securities Ltd. E-463, Phase-VI, Focal Point, Ludhiana, Punjab-141 010 06.00069 March 26, 1998 September 10, 2018
3. Poonawalla Financials Limited
(Presently Known as Poonawalla Financials Private Limited)
Sarosh Bhavan, 16/B-1, Dr. Ambedkar Road, Pune-411 001, Maharashtra 13.01002 September 10, 1998 September 10, 2018
4. Adisri Investment Limited
(Presently known as Adisri Investment Private Limited)
32Q, New Road, Alipore, Kolkata-700 027, West Bengal N.05.06575 September 05, 2005 July 24, 2018
5. Navsai Investments Private Limited Kirloskar Kisan Compound, 13A, Karve Road, Kothrud, Pune-411 038, Maharashtra 13.01572 March 01, 2002 September 18, 2018
6. Lohia Investments Limited Sukhdham, Flat No: E-2, 7/17(9-10), Tilak Nagar, Kanpur-208 002, Uttar Pradesh 12.00077 March 02, 1998 October 16, 2018

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.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/1236

  © Reserve Bank of India. All Rights Reserved.

Best viewed in 1024x768 resolution in IE 5 and above.