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Date : Oct 12, 2021
Seven 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 Registered Office Address CoR No. CoR Issued On Cancellation Order Date
1 M/s Pramanand Commercial Private Limited Lower ground floor, Hindustan Times House 18-20, Kasturba Gandhi Marg, New Delhi-110001 IN B-14.03328 January 05, 2016 July 06, 2021
2 M/s Amandeep Transport and Leasing India Limited Kothi no. 1, Gaushalla Road, Sunam, Distt. Sangrur, Punjab - 148028 06.00105 May 02, 1998 July 19, 2021
3 M/s CLSA India Finance Private Limited Office No. 702, Dalamal House, 206, Jamnalal Bajaj Marg, Nariman Point, Mumbai- 400021 N-13.02366 October 10, 2019 July 19, 2021
4 M/s Subhadra Investments Private Limited Plot # 8-3-214/21, Srinivasa Nagar Colony (West), Ameerpet, Hyderabad, Telangana – 500 038 B-09.00264 August 14, 2000 July 23, 2021
5 M/s Helios Finserve Private Limited B1-604, Marathon Next Gen Compound, Off G. K. Marg, Lower Parel (W) Mumbai-400013 N-13.02239 May 16, 2018 August 05, 2021
6 M/s Altico Capital India Limited 21, 2nd Floor, 5 North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (East), Mumbai-400051 N-13.01777 January 04, 2018 August 13, 2021
7 M/s GPL Finance Limited 113/216-B, Swaroop Nagar, Kanpur, Uttar Pradesh-208002 B-12.00053 February 27, 1998 September 24, 2021

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: 2021-2022/1031


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