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REGULATING NON-BANKING

This role is, perhaps, the most unheralded aspect of our activities, yet it remains among the most critical. This includes ensuring credit availability to the productive sectors of the economy, establishing institutions designed to build the country’s financial infrastructure, expanding access to affordable financial services and promoting financial education and literacy.

Press Release


PDF document (93 kb)
Date : May 09, 2018
Cancellation of Certificate of Registration of 2 NBFCs

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 Office Address CoR No. Issued On Cancellation Order Date
1. M/s Kailash Ficom Limited
(presently known as Mindvision Capital Limited)
B-1, Sadguru Complex, Near Rupal Park, Gotri Road, Vadodara-390 021, Gujarat 01.00083 March 09, 1998 March 23, 2018
2. M/s Goswamis Credits & Investment Private Limited
(presently known as Goswamis Credits & Investment Ltd)
Satyagruh Chhavani, Lane No. 21, Bunglow No. 508, Near Jodhpur Cross Road, Satellite, Ahmedabad-380 015, Gujarat B-14.1581 December 05, 2002 April 04, 2018

As such, the above company 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.

Anirudha D. Jadhav
Assistant Manager

Press Release : 2017-2018/2952


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