RBI Cancels NBFC Licence of Rightex Trading Pvt Ltd
India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of Rightex Trading 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 4 Jibanananda Sarani, Rathkhola, P.O. Rabindra Sarani, Jalpaiguri, West Bengal 734006, held CoR No. B.05.03972, which was originally granted on January 09, 2001. The registration remained valid for approximately 25 years before the RBI decided to revoke it.With the cancellation of its registration, Rightex Trading Pvt Ltd is no longer permitted to transact the bu...
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