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The Reserve Bank of India cancels the Certificate of Registration of Gandhinagar Leasing and Finance Ltd. The company must stop the business of a Non-Banking Financial Institution. This cancellation takes effect from October 29, 2026.
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November 09, 2026
Reserve Bank cancels Certificate of Registration of Gandhinagar Leasing and Finance Ltd.
In exercise of the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank has cancelled the Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC):
| Name of the NBFC | Registered Office Address | CoR No. | Date of Cancellation |
|---|---|---|---|
| Gandhinagar Leasing and Finance Ltd. | 420, Times Square Arcade, Opposite Rambaug, Thaltej-Shilaj Road, Ahmedabad, Gujarat – 380059 | 01.00279 dated December 08, 1998 | October 29, 2026 |
As such, the above company shall not, hereinafter, transact the business of a Non-Banking Financial Institution (NBFI), as defined in clause (a) of Section 45-I of the RBI Act, 1934.
(Brij Raj)
Chief General Manager
Press Release: 2026-2027/1471
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
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