Shrikunj Financial Services Private Limited

RBI cancelled the CoR of 12 NBFCs. The companies can no longer conduct non-banking financial institution business.

The affected companies lose their RBI registration and must stop carrying on NBFC business. Counterparties, borrowers, and other stakeholders should not treat them as authorised NBFCs after the stated cancellation dates; each entity is affected from its respective date of cancellation.

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

This RBI action affected 12 entities. This profile is linked as bulk member.

RBI cancelled the Certificate of Registration of 24 NBFCs. The affected companies can no longer transact business as non-banking financial institutions.

The 24 named NBFCs must stop carrying on non-banking financial institution business. Customers, counterparties, and other stakeholders should treat the firms as no longer authorized to operate as NBFCs, and the cancellation takes effect from the respective cancellation dates stated in the release.

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

This RBI action affected 24 entities. This profile is linked as bulk member.