About Us     Useful Information     FAQs     Financial Education     Complaints   Important Websites  
Home >> PressReleases - Display
Note : To obtain an aligned printout please download the (342.00 kb ) version to your machine and then use respective software to print the story.
Date: 17/08/2015
RBI cancels Certificate of Registration of 7 NBFCs

The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following seven non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

Sr.No. Company's Name Address of Registered Office Certificate of Registration
No. & Date
Date of
1. M/s Artisans Micro Finance Private Limited 13 N Block Market, 2nd Floor, Greater Kailash Part1, New Delhi-110048 N-14.03140
March 31, 2008
March 02, 2015
2. M/s Religare Finance Limited D-3, P3B, District Centre, Saket, New Delhi-110017 N-14.03188
June 18, 2009
April 08, 2015
3. M/s Nott Investments (P) Ltd. 2C, Shivangan, 53/1/2, Hazra Road, Kolkata-700019 05.02410
May 16, 1998
April 23, 2015
4. M/s Eden Trade & Commerce Pvt. Ltd. 9-IT Chambers, Mani Square, 164/1, Maniktala Main Road, EM Bypass, Kolkata-700054 05.00277
February 19, 1998
April 23, 2015
5. M/s RCS Parivar Finance Limited (formerly known as Pawansut Merchants Ltd.) 911-912, Arunachal Bhavan, 19, Barakhamba Road, Connaught Place, New Delhi-110001 14.01032
September 29, 2011
April 20, 2015
6. M/s Swetasree Finance (P) Ltd. P-15, India Exchange Place Extn, Kolkata-700073 05.03213
August 18, 1999
April 23, 2015
7. M/s Dewra Stocks & Securities (P) Ltd. 7, Lyons Range, 2nd Floor, Kolkata-700001 05.02669
June 11, 1998
April 23, 2015

Following the cancellation of registration certificate, these companies 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.

Alpana Killawala
Principal Chief General Manager

Press Release : 2015-2016/422

  © Reserve Bank of India. All Rights Reserved.

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