{
  "id": 13055361,
  "title": "RBI cancels Certificate of Registration of 13 NBFCs",
  "url": "https://urgent.news/2026/10/09/rbi-cancels-certificate-of-registration-of-13-nbfcs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T07:18:16.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63773"
  },
  "original_language": "en",
  "account": "The Reserve Bank of India has revoked the Certificates of Registration for 13 Non-Banking Financial Companies, as per Section 45-IA (6) of the Reserve Bank of India Act, 1934. The companies, listed below, will no longer be permitted to carry out financial business:\n\n1. Nakodar Finance Private Limited, Chennai, Tamil Nadu\n2. Ajitnath Steels Pvt Ltd, Kolkata, West Bengal\n3. Astrol Dealcom Pvt Ltd, Kolkata, West Bengal\n4. Bhagyashri Trading Pvt Ltd, Kolkata, West Bengal\n5. Booh Finance Company Pvt Ltd, Chennai, Tamil Nadu\n6. Britex Financial Services Pvt. Ltd., Kolkata, West Bengal\n7. Sajili Vinimay Pvt. Ltd., Kolkata, West Bengal\n8. Bhumika Fiscal Services Private Limited, Jalpaiguri, West Bengal\n9. Blue Mount Exports Pvt Ltd., Kolkata, West Bengal\n10. Delta Capital Market Ltd., Kolkata, West Bengal\n11. Rajesh Fiscal Services Private Limited, Kolkata, West Bengal\n12. Sarla Finance Pvt. Ltd., Kolkata, West Bengal\n13. Shreyans Vyapaar (P) Ltd, Kolkata, West Bengal\n\nThese companies are now barred from engaging in the business of a Non-Banking Financial Institution, as defined by the RBI Act.",
  "summary": "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 cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Cancellation Order Date 1 Nakodar Finance Private Limited 8th Floor, SKCL Tech Square, Plot No.SP14, Thiru Vi Ka…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reserve Bank of India",
        "title": "10 NBFCs surrender their Certificates of Registration to the RBI",
        "url": "https://urgent.news/2026/10/09/10-nbfcs-surrender-their-certificates-of-registration-to-the-rbi",
        "published": "2026-10-09T07:18:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}