The following 5 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) Due to exit from Non-Banking Financial Institution (NBFI) business: | Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued on | Date of Cancellation of CoR | | 1 | Radical Fincap Private Limited | Plot No. 20, Nawab Area Layout, Tilak Nagar, Nagpur, Maharashtra - 440010 | B-13.02164 | August 22, 2017 | December 15, 2023 | | 2 | Volkswagen Finance Private Limited | Wework, 4th Floor, Building No. 4, North Wing, NESCO IT Park, Western Express Highway, Goregaon, Mumbai, Maharashtra - 400 063 | N-13.01988 | March 17, 2011 | December 15, 2023 | | 3 | Sterling Guaranty & Finance Limited | No 3rd and 4th, 3rd Floor, The Centrium, Village Kurla Kirol, Kurla (W), Mumbai, Maharashtra - 400070 | 13.01229 | April 20, 1999 | December 15, 2023 | | 4 | Esteem Credits and Investments Private Limited | No.64, B-Block, Anna Nagar East, Chennai, Tamilnadu – 600040 | B-07.00626 | June 22, 2001 | December 20, 2023 | ii) Due to meeting the criteria prescribed for unregistered Core Investment Company (CIC) that does not require registration: | Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued on | Date of Cancellation of CoR | | 1 | Sampada Business Solutions Limited | 5th Floor, Ashoka My Home Chambers, Sindhi Colony, SP Road, Begumpet, Hyderabad, Telangana, -500003 | N-09.00477 | May 15, 2023 | December 29, 2023 | (Yogesh Dayal)
Chief General Manager Press Release: 2023-2024/1655 | |