RBI Cancels NBFC Licence of Thunder Traders Ltd
India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of Thunder Traders 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 7B, Seventh Floor, Premises No. 59A, Avani Heights, Chowrin Ghee Road, Kolkata, West Bengal 700020, held CoR No. B.05.06390, which was originally granted on June 10, 2004. The registration remained valid for approximately 22 years before the RBI decided to revoke it.With the cancellation of its registration, Thunder Traders Ltd is no longer permitted to transact the ...
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