RBI Cancels NBFC Licence of Rosy Commercial (P) Ltd
India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of Rosy Commercial (P) Ltd, a Non-Banking Financial Company (NBFC) registered in West Bengal, 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 P-56/1 Strand Bank Road, Kolkata, West Bengal 700006, held CoR No. B.05.04283, which was originally granted on August 20, 2001. The registration remained valid for approximately 25 years before the RBI decided to revoke it.With the cancellation of its registration, Rosy Commercial (P) Ltd is no longer permitted to transact the business of a Non-Banking Financial ...
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