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Dar's Financial Services Pvt Ltd

NBFCKolkata, West Bengal

The RBI action, regulatory basis, and operating impact linked to this entity.

Recorded RBI impact

License cancellation

License cancellation · Fresh imposition

S5

Published by RBI

17 Sept 2026

Case Brief

The Reserve Bank of India cancelled the Certificate of Registration of five NBFCs under Section 45-IA(6) of the RBI Act, 1934. The named entities are Dar's Financial Services Pvt Ltd, Rolta Holding and Finance Corporation Private Limited, Vasudeo Securities Pvt Ltd, Parsoli Corporation Limited, and A. C. Choksi Financial Services Pvt. Ltd. (as per MCA: Deus Financial Capital Private Limited). Following cancellation, these companies are prohibited from transacting the business of a Non-Banking Financial Institution as defined under the RBI Act.

Why RBI Acted

Licensing breach

The Reserve Bank of India exercised its powers under Section 45-IA(6) of the RBI Act, 1934 to cancel the Certificate of Registration of five companies. The release lists the affected entities and their registered office details, and states that as a result they shall not transact the business of a Non-Banking Financial Institution as defined in Section 45-I(a) of the RBI Act, 1934.

Operating Impact

Each of the five companies loses the ability to operate as an NBFC and must stop conducting non-banking financial institution business. Counterparties and customers should expect disruption to any NBFC activities, and the restriction takes effect from the respective cancellation order dates listed in the release.

Regulatory Basis

  • Section 45-IA (6) of the Reserve Bank of India Act, 1934
  • Section 45-I of the RBI Act, 1934

Action Facts

Primary Impact
License cancellation
Effective From
3 Aug 2026
Entities Affected
5
Entity Role
Primary
Entity Type
NBFC

Related Entities

Entities similar to Dar's Financial Services Pvt Ltd

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  1. A. C. Choksi Financial Services Pvt. Ltd. (as per MCA- Deus Financial Capital Private Limited)

    NBFC · Kolkata, West Bengal

    1 shared action

    1 restriction

  2. Parsoli Corporation Limited

    NBFC · Kolkata, West Bengal

    1 shared action

    1 restriction

  3. Rolta Holding and Finance Corporation Private Limited

    NBFC · Kolkata, West Bengal

    1 shared action

    1 restriction

  4. Vasudeo Securities Pvt Ltd

    NBFC · Kolkata, West Bengal

    1 shared action

    1 restriction