RBI Cancels NBFC Licence of RST Holdings (P) Ltd
India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of RST Holdings (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 3B Lal Bazar St, Kolkata, West Bengal 700001, held CoR No. B.05.01153, which was originally granted on December 15, 1998. The registration remained valid for approximately 28 years before the RBI decided to revoke it.With the cancellation of its registration, RST Holdings (P) Ltd is no longer permitted to transact the business of a Non-Banking Financial Institution ...
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