Recorded RBI impact
License cancellation
License cancellation · Fresh imposition
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
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
- Bulk Member
- Entity Type
- NBFC
Related Entities
Entities similar to Rolta Holding and Finance Corporation Private Limited
A. C. Choksi Financial Services Pvt. Ltd. (as per MCA- Deus Financial Capital Private Limited)
NBFC · Kolkata, West Bengal
1 shared action
1 restriction
Dar's Financial Services Pvt Ltd
NBFC · Kolkata, West Bengal
1 shared action
1 restriction
Parsoli Corporation Limited
NBFC · Kolkata, West Bengal
1 shared action
1 restriction
Vasudeo Securities Pvt Ltd
NBFC · Kolkata, West Bengal
1 shared action
1 restriction