10 NBFCS SURRENDER THEIR CERTIFICATES OF REGISTRATION TO THE RBI

MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release:

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) business

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR 1 Pragati Fincap Limited C-22, Greater Kailash Enclave-I, New Delhi, 110048 14.00824 May 20, 1998 September 03, 2026 2 Rajlakmi Vanijya Pvt Ltd Dhirepara, Amto...