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Seven NBFCs surrender their Certificate of Registration to RBI


The following Non-Banking Financial Companies (NBFCs) have surrendered the Certificate of Registration granted to them by the Reserve Bank of India (RBI). The RBI, in the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration.


1. M/s Pramanand Commercial Private Limited

Lower ground floor, Hindustan Times House

18-20, Kasturba Gandhi Marg,

New Delhi-110001


2. M/s Amandeep Transport and Leasing India Limited

Kothi no. 1, Gaushalla Road, Sunam, Distt. Sangrur,

Punjab - 148028


3. M/s CLSA India Finance Private Limited

Office No. 702, Dalamal House, 206,

Jamnalal Bajaj Marg, Nariman Point,

Mumbai- 400021


4. M/s Subhadra Investments Private Limited

Plot # 8-3-214/21, Srinivasa Nagar Colony (West), Ameerpet,

Hyderabad, (Telangana) – 500 038


5. M/s Helios Finserve Private Limited

B1-604, Marathon Next Gen Compound,

Off G. K. Marg, Lower Parel (W)

Mumbai-400013


6. M/s Altico Capital India Limited

21, 2nd Floor, 5 North Avenue, Maker Maxity,

Bandra Kurla Complex, Bandra (East),

Mumbai-400051


7. M/s GPL Finance Limited

113/216-B, Swaroop Nagar,

Kanpur, Uttar Pradesh-208002


As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.


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