{
  "id": 13055362,
  "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",
  "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=63772"
  },
  "original_language": "en",
  "account": "On September 03, 2026, the Reserve Bank of India (RBI) canceled the Certificates of Registration (CoR) granted to ten Non-Banking Financial Companies (NBFCs). The RBI exercised its powers under Section 45-IA (6) of the Reserve Bank of India Act, 1934.\n\nThe first company to surrender its CoR was Pragati Fincap Limited, located at C-22, Greater Kailash Enclave-I, New Delhi. Its CoR was issued on May 20, 1998, and canceled on September 03, 2026.\n\nSecond on the list was Rajlakmi Vanijya Pvt Ltd, based in Guwahati, Assam. The company's CoR was issued on July 19, 2001, and canceled on September 07, 2026.\n\nVivriti Capital Limited (formerly known as Vivriti Finance Limited) saw its CoR canceled on September 10, 2026. The company's CoR was issued on July 27, 2023, and was for its factoring business.\n\nNext was MSJ Colonising and Leasing Company Private Limited, based in Indore, Madhya Pradesh. Its CoR was issued on March 19, 2020, and canceled on September 16, 2026.\n\nPKSL Investment Private Limited in New Delhi saw its CoR canceled on September 25, 2026. The company's CoR was issued on April 18, 2001.\n\nHCL Corporation Private Limited in South Delhi had its CoR canceled on September 29, 2026. The CoR was issued on August 06, 2015.\n\nAparna Investment Pvt. Ltd. in Mumbai surrendered its CoR on September 30, 2026. The CoR was issued on March 24, 1998.\n\nVandana Griha Nirman Limited in Kolkata canceled its CoR on September 25, 2026. The CoR was issued on April 30, 1998.\n\nLastly, Ramsisaria Builders Limited in Kolkata saw its CoR canceled on September 29, 2026. The CoR was issued on February 18, 1998.",
  "summary": "The following ten Non-Banking Financial Companies (NBFCs) have surrendered their Certificates of Registration (CoRs) 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 (‘the RBI Act), has therefore cancelled these CoRs. i) Due to exit from Non-Banking Financial Institution (NBFI)…",
  "key_points": [
    "RBI canceled Certificates of Registration for 10 NBFCs on September 03, 2026.",
    "Pragati Fincap Limited was first to surrender CoR, issued May 20, 1998.",
    "Last to surrender was Ramsisaria Builders Limited, issued CoR on February 18, 1998."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reserve Bank of India",
        "title": "RBI cancels Certificate of Registration of 13 NBFCs",
        "url": "https://urgent.news/2026/10/09/rbi-cancels-certificate-of-registration-of-13-nbfcs",
        "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."
}