Case Brief
What Happened
The Reserve Bank of India cancelled the Certificates of Registration of 35 non-banking financial companies under Section 45-IA(6) of the RBI Act, 1934. The release lists the companies and their cancellation order dates, and makes clear that they shall not transact the business of a non-banking financial institution as defined under the RBI Act.
Quick Facts
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Jabalpur, Madhya Pradesh
- Order Date
- 9 Dec 2025
- Effective From
- 9 Dec 2025
- Entities Affected
Why RBI Acted
The Reserve Bank of India, exercising powers under Section 45-IA(6) of the RBI Act, 1934, cancelled the Certificate of Registration of 35 named non-banking financial companies. The order states that these 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.
Severity Assessment
Cancellation of Certificate of Registration is a full licensing action and is severity 5 regardless of any fine.
Impact
All 35 entities lose their NBFC registration and must stop carrying on non-banking financial institution business. This affects the companies directly and prevents them from undertaking regulated NBFC activities from the relevant cancellation dates.
Regulatory Basis
- Section 45-IA (6) of the Reserve Bank of India Act, 1934
- clause (a) of Section 45-I of the RBI Act, 1934
Restrictions & Effective Timeline
- Effective From
- 9 Dec 2025
Affected Entities
- A G Securities Private LimitedNBFC · Bulk Member
Published as A G Securities Private Limited
- ATM Credit & Investments Pvt.LtdNBFC · Bulk Member
Published as ATM Credit & Investments Pvt.Ltd.
- Decisive Finance Private LimitedNBFC · Bulk Member
Published as Decisive Finance Private Limited
- Liberty Sales Pvt. LtdNBFC · Bulk Member
Published as Liberty Sales Pvt. Ltd
Official RBI Source
RegOversight structures the official RBI release for search and analysis. Use the linked release as the authoritative source.