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M/s Deutsche Securities India Pvt. Ltd. (DSIPL)

NBFC

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

23 Jul 2014

Case Brief

The Reserve Bank of India cancelled the Certificate of Registration of M/s Deutsche Securities India Pvt. Ltd. (DSIPL), an NBFC, under Section 45-IA(6) of the RBI Act, 1934. No further facts or reason for the cancellation are stated in the provided text.

Why RBI Acted

Licensing breach

The Reserve Bank of India cancelled the Certificate of Registration of M/s Deutsche Securities India Pvt. Ltd. (DSIPL), a non-banking financial company, in exercise of powers under Section 45-IA(6) of the Reserve Bank of India Act, 1934. The release does not provide additional factual grounds beyond the cancellation itself.

Operating Impact

DSIPL can no longer operate as an NBFC under the cancelled registration. The action directly affects the company and any counterparties relying on its NBFC status; no additional deadline or remedial timeline is stated.

Regulatory Basis

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

Action Facts

Primary Impact
License cancellation
Entities Affected
1
Entity Role
Primary
Entity Type
NBFC