India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of Essel Finance Business Loans Limited, a Non-Banking Financial Company (NBFC) registered in Maharashtra, with effect from May 25, 2026. The cancellation order was issued in exercise of powers conferred under Section 45-IA(6) of the Reserve Bank of India Act, 1934.The company, headquartered at Marathon Futurex, 18th Floor, A Wing, NM Joshi Marg, Lower Parel, Mumbai, Maharashtra 400013, held CoR No. 13.00086, which was originally granted on February 26, 1998. The registration remained valid for approximately 28 years before the RBI decided to revoke it.With the cancellation of its registration, Essel Finance Business Loans Limited is no lon...