M/s DFL Infrastructure Finance Limited

RBI cancelled the Certificates of Registration of two NBFCs. The firms can no longer carry on non-banking financial business.

Both NBFCs must stop carrying on non-banking financial business. Customers, counterparties, and other stakeholders should not expect them to continue operating as registered NBFCs after the cancellation dates.

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

This RBI action affected 2 entities. This profile is linked as bulk member.

RBI issued directions to DFL Infrastructure Finance Ltd. restricting core business activity and asset dealings. The order followed inspection findings and remains in force until further orders.

DFL Infrastructure Finance Ltd. cannot carry on business as usual and must seek prior written permission before dealing with its assets or undertaking the prohibited actions. The restriction materially constrains operations and protects counterparties and the public until RBI lifts or modifies the directions.

• Sections 45JA and 45L of the Reserve Bank of India Act, 1934