RBI cancels Certificate of Registration (CoR) of 31 NBFCs Nine NBFCs surrender their (CoR).

Date: Sep 12, 2025.

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;

1. Kamsco Industries Pvt Ltd - Kolkata

2. Pharma Trading Co Pvt Ltd - Kolkata

3. Reliable Housing and Finance India Limited (also known as - Kali Housing & Finance Ltd.) - Durgapur West Bengal

4. Zenith Capitals Limited (also known as - SVL Capitals Ltd - Fort Mumbai

5. Swift Finlease (India) Limited - Thane Maharashtra

6. Transcon Research and Infotech Limited - Goregaon Mumbai

7. Kankaria Motor Finance Private Limited - Thane Maharashtra

8. Jasper Investments Limited - Mumbai

9. Mahaamba Investments Limited - Mumbai

10. Keen Investment and Leasing Limited - Jamnagar

11. Puneet Capital Services Limited - Mumbai

12. Shirar Investment and Finance Private Limited - Pune Maharashtra

13. Shirish Holding and Finance Private Limited - Pune Maharashtra

14. Sahayog Microfinance Limited - Mumbai

15. Rajkosh Capital Private Limited (also known as -Sawaj Marketing & Financial Services Private Limited) - Mumbai

16. Safal Investment Limited - Mumbai

17. Swarnajyothi Agrotech & Power Limited (also known as - Prarambh Finance & Leasing Ltd.) - Hyderabad

18. Action Financial Services (India) Limited - Mumbai

19. Anfin Investments Pvt Ltd - Mumbai

20. Atirupa Investment Private Limited - Mumbai

21. Baid Financial Services Limited - Mumbai

22. Beautiful Securities Limited - Mumbai

23. Better Value Leasing and Finance Ltd - Thane Maharashtra

24. Blue Chip Financial Services Private Limited - Mumbai

25. C Mahendra Capital Limited (also known as - C Mahendra Capital Pvt. Ltd) - Mumbai

26. Credit Sudhaar Finance Private Limited - Mumbai

27. Dani Financial Products Private Limited (also known as - Dani & Merchants Financial Products & Services India Ltd.) - Mumbai

28. Dhenu Buildcon Infra Limited (also known as The Hingir-Rampur Coal Co Ltd) - Mumbai

29. Earth Global Finance Private Limited - Mumbai

30. Effingo Textile & Trading Limited (also known as Malti Textile Mills Limited) - Mumbai

31. Ralchem Limited (also known as Fashutana Investments Ltd or Ralchem Pesticides Ltd) - Mumbai

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.

The following nine 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) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business

1. The Ashok Construction & Investment Company Private Limited - Fort Mumbai.

2. Smartlink Holdings Limited - Goa

3. PhonePe Technology Services Private Limited - Bangalore Karnataka.

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

1. P.L. Finlease Private Limited - Delhi

iii) Cancellation of CoR due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.

1. Far East Software Services Pvt Ltd - Kolkata

2. Shraddha Vyapaar Pvt Ltd - Kolkata

3. Aditya Birla Finance Limited - Veraval Gujarat.

4. Janki Textile and Industries Private Limited - Kolkata

5. Kasturi Enclave Private Limited - Kolkata