About Us     Useful Information     FAQs     Financial Education     Complaints   Important Websites  
Home >> PressReleases - Display
Note : To obtain an aligned printout please download the (158.00 kb ) version to your machine and then use respective software to print the story.
Date: 09/04/2018
4 NBFCs surrender their Certificate of Registration to RBI

The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. 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 therefore cancelled their Certificate of Registration.

Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date
1 M/s Times Tradelink Private Limited 312, Todi Chambers 2, Lal Bazar Street, 3rd Floor, Kolkata-700 001 B.05.06022 January 21, 2004 March 07, 2018
2 M/s Saka Investments Private Limited 1585, Sector 18-D, Chandigarh-160 019 06.00111 May 02, 1998 February 07, 2018
3 M/s Tejumal Trading Private Limited 316/A-2, Shah & Nahar Industrial Estate, Dhanraj Mills Compound, S.J Marg, Lower Parel, Mumbai-400 013 13.01122 December 05, 1998 March 09, 2018
4 M/s Pancham Finlease Private Limited B-10, Gajanan Chamber, near ST Depot, Makarpura Road, Vadodara 390 010 01.00069 November 19, 1998 March 09, 2018

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.

Anirudha D. Jadhav
Assistant Manager

Press Release : 2017-2018/2670

  © Reserve Bank of India. All Rights Reserved.

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