RBI Cancels NBFC Licence of Thirdwave Holdings (P) Ltd
India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of Thirdwave Holdings (P) Ltd, a Non-Banking Financial Company (NBFC) registered in West Bengal, with effect from May 21, 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 36 Maharishi Debendra Road, Kolkata, West Bengal 700006, held CoR No. B.05.02232, which was originally granted on May 16, 1998. The registration remained valid for approximately 28 years before the RBI decided to revoke it.With the cancellation of its registration, Thirdwave Holdings (P) Ltd is no longer permitted to transact the business of a Non-Banking Fina...
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