RBI Cancels NBFC Licence of R K Metal & Wood Products (P) Ltd
India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of R K Metal & Wood Products (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 9/12 Lal Bazar Street, 3rd Floor, Block E, Room No-17, Kolkata, West Bengal 700001, held CoR No. B.05.02684, which was originally granted on September 22, 2003. The registration remained valid for approximately 23 years before the RBI decided to revoke it.With the cancellation of its registration, R K Metal & Wood Products (P) Ltd is no longer permitted...
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