RBI Cancels NBFC Licence of R N Trading & Holdings Pvt. Ltd.
India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of R N Trading & Holdings Pvt. 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 P-13 C.I.T. Road, Scheme-32, P.S. Entally, Kolkata, West Bengal 700014, held CoR No. B.05.04296, which was originally granted on August 21, 2001. The registration remained valid for approximately 25 years before the RBI decided to revoke it.With the cancellation of its registration, R N Trading & Holdings Pvt. Ltd. is no longer permitted to transact the ...
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