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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


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Date : Mar 11, 2024
Seven NBFCs surrender their Certificate of Registration to RBI

The following seven 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 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 L&T Finance Limited 15th Floor, PS SRIJAN Tech Park, Plot No 52, Block DN, Sector-V, Salt Lake City, Parganas North, Kolkata, West Bengal -700091 B-05.06200 May 04, 2017 January 31, 2024
2 L&T Infra Credit Limited Plot No.177, CTS No. 6970, 6971, Vidyanagari Marg, CST Road, Kalina, Santacruz (East), Mumbai, Maharashtra -400098 N-13.02055 June 22, 2022 January 31, 2024
3 Marudhar Food & Credit Ltd 40/1A, Block ‘B’, New Alipore, Kolkata, West Bengal - 700053 05.05319 November 03, 2003 February 06, 2024
4 Creative Intra Limited GT Road Miller Ganj, Ludhiana, Punjab - 141003 B-06.00618 March 25, 2019 February 14, 2024
5 Jinvani Trading & Investment Company Pvt Ltd 143, C-5, Bommasandra Industrial Area, Hosur Road, Bangalore, Karnataka – 560099 N-02-00339 August 24, 2021 February 19, 2024
6 Manjushree Fincap Private Limited 143, C-5, Bommasandra Industrial Area, Hosur Road, Bangalore, Karnataka - 560099 B-02-00212 January 30, 2004 February 19, 2024
7 Shruti Financial Services Private Limited 143, C-5, Bommasandra Industrial Area, Hosur Road, Bangalore, Karnataka - 560099 B-02-00213 January 30, 2004 February 19, 2024

(Yogesh Dayal)     
Chief General Manager

Press Release: 2023-2024/2034

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