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REGULATING NON-BANKING

This role is, perhaps, the most unheralded aspect of our activities, yet it remains among the most critical. This includes ensuring credit availability to the productive sectors of the economy, establishing institutions designed to build the country’s financial infrastructure, expanding access to affordable financial services and promoting financial education and literacy.

Press Release


PDF document (261 kb)
Date : Jun 12, 2023
Two NBFCs surrender their Certificate of Registration to RBI

The following two 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 NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 Equitas Holdings Limited 410A, 4th Floor, Spencer Plaza, Phase II, No 769, Mount Road Anna Salai, Chennai, Tamil Nadu - 600002 N-07-00822 September 01, 2016 May 29, 2023
2 Mukand Global Finance Limited Bajaj Bhawan, 3rd Floor, 226 Nariman Point, Mumbai, Maharashtra - 400021 B-13.00920 May 30, 1998 May 31, 2023

(Yogesh Dayal)     
Chief General Manager

Press Release: 2023-2024/388


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