MUMBAI, India, Nov. 9 -- Reserve Bank of India issued the following press release:
In exercise of the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank has cancelled the Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC):
Name of the NBFC Registered Office Address CoR No. Date of Cancellation Gandhinagar Leasing and Finance Ltd. 420, Times Square Arcade, Opposite Rambaug, Thaltej-Shilaj Road, Ahmedabad, Gujarat - 380059 01.00279 dated December 08, 1998 October 29, 2026
As such, the above company shall not, hereinafter, transact the business of a Non-Banking Financial Institution (NBFI), as defined in clause (a) of Section 45-I of the RBI Act, 1934.
(Brij Raj)
Chief General Manager
Press Release: 2026-2027/1471
Disclaimer: Curated by HT Syndication.
