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RBI cancels Certificate of Registration of Three NBFCs

The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.

Sr. No.

Name of the Company

Registered Office Address

CoR No.

CoR Issued On

Cancellation Order Date

1

Bharathu Investment & Finance India Limited.

East Gandhi Maidan, Jehanabad, Bihar-804408

B-15.00013

September 26, 1998

January 17, 2024

2

Cox & Kings Financial Service Limited

1st Floor, Turner Morrison Building, 16 Bank Street, Fort, Mumbai, Maharashtra - 400001

N.13.02242

May 18, 2018

January 17, 2024

3

PSPR Enterprises Private Limited

707, 7th Floor Gopal Heights, Plot No D-9 Shubhash Place Pitampura, Rani Bagh, North West Delhi, Delhi - 110034

B-14.01725

June 15, 2017

January 25, 2024

 

As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

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