India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of KPS Finance & Trade (P) Ltd, a Non-Banking Financial Company (NBFC) registered in West Bengal, with effect from May 20, 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 91/2 Lal Bazar Street, Block 4th Floor, Kolkata, West Bengal 700001, held CoR No. B.05.01141, which was originally granted on March 28, 1998. The registration remained valid for approximately 28 years before the RBI decided to revoke it.With the cancellation of its registration, KPS Finance & Trade (P) Ltd is no longer permitted to transact the business of a ...