RBI Cancels NBFC Licence of Times Tracon Pvt. Ltd.
India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of Times Tracon Pvt. 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 206, 2nd Mezzanine Floor, Tobacco House, 1 Old Court House Corner, Kolkata, West Bengal 700001, held CoR No. B.05.04120, which was originally granted on March 27, 2001. The registration remained valid for approximately 25 years before the RBI decided to revoke it.With the cancellation of its registration, Times Tracon Pvt. Ltd. is no longer permitted to transact t...
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