Cancellation of Certificate of Registration for Four NBFCs
Official title
Four NBFCs surrender their Certificate of Registration to the RBI
Summary
Check the official recordWhat changed
The Reserve Bank of India cancels the Certificate of Registration for four Non-Banking Financial Companies. Two companies surrender their registration due to exit from the Non-Banking Financial Institution business. Two other companies surrender their registration because they cease to exist as legal entities through processes such as amalgamation, merger, dissolution, or voluntary strike-off. The Reserve Bank of India exercises its powers under Section 45-IA (6) of the Reserve Bank of India Act, 1934 to perform these cancellations.
- Who is affected
- RAGA Tradecon Private Limited
- Real Lease and Credit Private Limited
- Chaitanya India Fin Credit Private Limited
- Mirae Asset Sharekhan Financial Services Limited
- Key dates
- Cancellation date for RAGA Tradecon Private Limited — 15 Jul 2026
- Cancellation date for Real Lease and Credit Private Limited — 19 Jul 2026
- Cancellation date for Chaitanya India Fin Credit Private Limited — 12 Jul 2026
- Cancellation date for Mirae Asset Sharekhan Financial Services Limited — 30 Jun 2026
- Consequences
- The Reserve Bank of India cancels the Certificate of Registration for the listed companies.
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 10 Aug 2026
- Document number
- 2026-2027/860
- Issuing division
- Department of Communication
- Coverage area
- banking
Document text
August 11, 2026
Four NBFCs surrender their Certificate of Registration to the RBI
The following four Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.
i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business
| Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued on | Date of Cancellation of CoR |
|---|---|---|---|---|---|
| 1 | RAGA Tradecon Private Limited | G-165, Express Zone Mall, B Wing, Malad (East), North Side of Rani Sati, Western Express Highway, Mumbai, Maharashtra, India, 400097 | B-13.01871 | June 18, 2007 | July 16, 2026 |
| 2 | Real Lease and Credit Private Limited (as per MCA - Nitin Auto Trading Private Limited, converted to LLP) | 799, 2nd Floor, Main Market, Rani Bagh, New Delhi, Delhi, India, 110034 | B-14.01663 | March 14, 2000 | July 20, 2026 |
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
ii) Cancellation of CoR due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.
| Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued on | Date of cancellation of CoR |
|---|---|---|---|---|---|
| 1 | Chaitanya India Fin Credit Private Limited | Sunshine Tower, Level 20, Senapati Bapat Marg, Elphinstone Road, Mumbai- 400013 | B-13.02504 | December 16, 2024 | July 13, 2026 |
| 2 | Mirae Asset Sharekhan Financial Services Limited | 10th Floor, Gigaplex Building, No. 09, MIDC, TTC Industrial Area, Airoli Knowledge Park, Airoli, Thane, Maharashtra, India - 400708 | 13.01810 | April 28, 2025 | July 01, 2026 |
(Brij Raj) Chief General Manager
Press Release: 2026-2027/860
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