The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India (RBI): | Sr. No. | Name of the Company | Office Address | CoR No. | CoR Issued On | Cancellation Order Date | | 1 | M/s Balaji Instalments Supply Limited | 280, Goyal Complex, Bans Mandi, Bareilly, Uttar Pradesh- 243005 | B-12.00267 | November 02, 2015 | February 22, 2021 | | 2 | M/s Sugam Commodeal Pvt. Ltd. | 54/3, 1st Cross, Ejipura Main Road, Vivek Nagar, Bengaluru, Karnataka – 560047 | B-05.05460 | September 03, 2003 | March 24, 2021 | 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 Certificate of Registration. 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. (Yogesh Dayal)
Chief General Manager Press Release: 2021-2022/118 | |