The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. | Company's Name | Address of Registered Office | Certificate of Registration
No. & Date | Date of
cancellation | | M/s Sahara India Financial Corporation Ltd. | Sahara India Bhavan, 1, Kapurthala Complex, Lucknow-226024 | 12.00152
December 03, 1998 | September 03, 2015 | Following the cancellation of registration certificate, the above company cannot transact the business of a non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. Ajit Prasad
Assistant General Manager Press Release: 2015-2016/668 | |