The Reserve Bank of India (RBI) has informed that 45 NBFCs have closed today in India. RBI has cancelled Certificate of Registration of 36 NBFCs and 9 NBFCs have surrendered their Certificate of Registration to the RBI.
Explained: What is an NBFC?
An NBFC (Non-Banking Financial Company) is a financial institution that provides banking-like services such as loans, credit facilities, asset financing, and investment services. However, unlike banks, NBFCs do not have a full banking license and cannot accept demand deposits like savings or current accounts.
NBFCs play an important role in the financial system by providing credit to businesses, small industries, and individuals who may not always have easy access to bank loans.
Main Activities of NBFCs:
- Providing personal and business loans
- Vehicle and asset financing
- Microfinance and small business funding
- Investment and financial advisory services
- Infrastructure financing
Key Features of NBFCs:
- Registered under the Companies Act
- Regulated by the Reserve Bank of India (RBI)
- Cannot accept demand deposits like banks
- Provide credit to sectors underserved by traditional banks
NBFCs help improve financial inclusion in India by making credit available to people in rural areas, small businesses, and emerging sectors of the economy.
In simple words: NBFCs are financial companies that provide loans and other financial services like banks, but they operate under different rules and cannot offer regular bank accounts.
License cancelled by RBI
| Sr.No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued on | Cancellation Order Date |
| 1 | Excellence Broking & Finance (P) Ltd. | 39 Shakespeare Sarani, 3rd Floor, Kolkata, Kolkata, West Bengal, India, 700017 | B.05.02002 | November 01, 2006 | February 16,2026 |
| 2 | Jibralter Traders Ltd | 222, A. J. C. BoseRoad, F-3, Circular Mansion, Kolkata, West Bengal, India, 700017 | B.05.02386 | May 16,1998 | February 16,2026 |
| 3 | Nilima Enterprises Pvt. Ltd. | P-8, Kalakar Street, Kolkata, West Bengal, India, 700007 | B.05.00401 | March 03,2015 | February 16,2026 |
| 4 | Welplan Distributors Pvt. Ltd. | P-15 India Exchange Place Extn 2nd Floor, Kolkata, West Bengal, India, 700073 | B.05.03212 | August 18,1999 | February 16,2026 |
| 5 | Westport Export Pvt Ltd | 48/163 Jyotish Roy Road P.S. Behala, Ward No:- 117, Kolkata, West Bengal, India, 700053 | B.05.05560 | June 05,2003 | February 16,2026 |
| 6 | Adarsh Commercial Pvt Ltd | Queens Mansion,12J Park Street, Kolkata, West Bengal, India, 700071 | B.05.01736 | June 11,1998 | February 17,2026 |
| 7 | Bihariji Securities Pvt Ltd | Premlata’ 39, Shakespear Sarani, Kolkata, West Bengal, India, 700017 | B.05.00156 | February 18, 1998 | February 17,2026 |
| 8 | Bimco Enterprises Pvt Ltd | 2, Lal Bazar Street 1st Floor, Kolkata, Kolkata, West Bengal 700001 | B.05.00157 | February 18, 1998 | February 17,2026 |
| 9 | Critcare Marketing Pvt. Ltd. | 1, Old Court House Corner, Tobacco House, 2nd Floor, Room No:- 203, Kolkata, Kolkata, West Bengal, India, 700001 | B.05.04290 | August 24,2001 | February 17,2026 |
| 10 | Purvanchal Leasing Ltd | 31 Shibtolla Street, Kolkata, West Bengal, India, 700007 | B.05.02766 | May 02,1999 | February 17,2026 |
| 11 | Ziwani Barter Pvt Ltd | 1, Old Court House Corner, Tobacco House, 2nd Floor, Room No:- 203, Kolkata,s West Bengal, India, 700001 | B.05.05896 | December 15, 2003 | February 17,2026 |
| 12 | Abhani Securities Private Limited | 1 Ho Chi Minh Sarani, Metro Tower 8th Floor, Kolkata, West Bengal, India, 700071 | B.05.01672 | September 16, 2000 | February 18,2026 |
| 13 | Cindy Goods & Supply Pvt Ltd | 277, B. B. Ganguly Street, Room No. 306, 3rd Floor, Kolkata, Kolkata, West Bengal, India, 700012 | B.05.03607 | August 29,2001 | February 18,2026 |
| 14 | Clarionet Tracon Pvt Ltd | 7, Mangoe Lane Shop No. – G-6, Kolkata, Kolkata, West Bengal, India, 700001 | B.05.05425 | September 18, 2003 | February 18,2026 |
| 15 | Crawford Plantations Pvt Ltd | 39, Shakespeare Sarani 3rd Floor, Premlata Building, Kolkata, West Bengal, India, 700017 | B.05.03828 | April 15,2004 | February 18,2026 |
| 16 | Giri Financial Services Private Limited | 277, B. B. Ganguly Street, Room No. 306, 3rd Floor, Kolkata, Kolkata, West Bengal, India, 700012 | B-05.07000 | April 12,2014 | February 18,2026 |
| 17 | Piyush Mercantile Pvt Ltd | 8 Canning StreetRoom No. 305, Kolkata, West Bengal, India, 700001 | B.05.05369 | January 28,2003 | February 18,2026 |
| 18 | Bahubali Leasing Limited | Premlata’ 39, Shakespear Sarani, Kolkata, West Bengal, India, 700017 | B.05.06553 | June 09,2005 | February 23,2026 |
| 19 | Brajanand Ispat Udyog Pvt Ltd | P 8 Kalakar Street, Kolkata, West Bengal, India, 700007 | B.05.01522 | April 20,1998 | February 23,2026 |
| 20 | Dewpoint Agencies Pvt Ltd | 9, Mangoe Lane, 3rd Floor, Room No.-3, Kolkata, Kolkata, West Bengal, India, 700001 | B.05.03602 | September 18, 2003 | February 23,2026 |
| 21 | Harrison Trexim Pvt. Ltd. | 8, Lyons Rangehare Street, Kolkata, West Bengal, India, 700001 | B.05.06126 | June 02,2004 | February 23,2026 |
| 22 | Lemos Syntex Pvt. Ltd. | 27, Biplabi Trailakya Maharaj Sarani Narayani Building, 3rd Floor, Unit No-30, 9, Kolkata, West Bengal, India, 700001 | B.05.00049 | March 05,1998 | February 23,2026 |
| 23 | Pratush Consultants Pvt. Ltd. | 63 Radha Bazar Street3rd Floor Room No 5, Kolkata, West Bengal, India, 700001 | B.05.03143 | July 14,1999 | February 23,2026 |
| 24 | Indus Life Finance & Securities Private Limited | 303, 3rd Floor,Poddar Court, 18, Rabindra Sarani, Kolkata, West Bengal, India, 700001 | B.05.03717 | October 10,2003 | February 24,2026 |
| 25 | Kotyark Distributors Pvt Ltd | 14/1b, Ezra Street World Trade Centre, Kolkata, West Bengal, India, | B.05.02211 | November 13, 2003 | February 24,2026 |
| 700001 | |||||
| 26 | Pacific Management Pvt. Ltd. | Room No. 303, 3rd Floor, Gate No. 2, Poddar Court 18, Rabindra Sarani, Kolkata, Kolkata, West Bengal, India, 700001 | B.05.05383 | September 23, 2003 | February 24,2026 |
| 27 | Ridhi Sidhi Sales Agencies Pvt Ltd | P-8 Kalakar Stposta, Kolkata, West Bengal, India, 700001 | B.05.04006 | February 06, 2001 | February 24,2026 |
| 28 | Sandhu Auto Deposits Limited | Mandawa Shikhar 151 Sarat Bose Road, Kolkata, West Bengal, India, 700026 | B.06.00438 | February 17, 2008 | February 24,2026 |
| 29 | Sanmin Impex Pvt. Ltd. | 103 Sova Bazar Street, Kolkata, West Bengal, India, 700005 | B.05.04160 | April 11,2001 | February 24,2026 |
| 30 | Sarita Computers Pvt Ltd | 303, 3rd Floor,Poddar Court 18, Rabindra Sarani, Kolkata, West Bengal, India, 700001 | B.05.06375 | May 17,2004 | February 24,2026 |
| 31 | Subh Chintak Commotrade Pvt. Ltd | 63, Radha Bazar Street 3rd Floor, R.No.- 43, Kolkata, West Bengal, India, 700001 | B.05.03294 | February 01, 2000 | February 24,2026 |
| 32 | Veronia Tie-Up Pvt. Ltd. | Room No. 757, 7th Floor 32, Ezra Street, Kolkata, West Bengal, India, 700001 | B.05.04108 | May 25,2001 | February 24,2026 |
| 33 | Viconic Merchants Pvt. Ltd. | 32/7 Sahapur Colony, New Alipore, Kolkata, West Bengal, India, 700053 | B.05.06047 | December 20, 2003 | February 24,2026 |
| 34 | Vikram Properties And Merchandise Private Limited | Mandawa Shikhar 151 Sarat Bose Road, Kolkata, West Bengal, India, 700026 | B.05.03875 | July 13,2004 | February 24,2026 |
| 35 | Viksit Trexim Pvt Ltd | 501A, Narain Manzil 23, Barakhamba Road, Central Delhi, New Delhi, Delhi, India, 110001 | B.05.04832 | November 03, 2003 | February 24,2026 |
| 36 | Wintech Telecom Pvt. Ltd. | Birla Building, 4th Floor, 9/1,R.N.Mukherjee Road, P.S.- Hare Street, Kolkata, West Bengal, India, 700001 | B.05.03469 | September 25, 2000 | February 24,2026 |
9 NBFCs cancelled License
i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business
| Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued on | Date of Cancellation of CoR |
| 1 | Manglam Vanijya Private Limited | Office No. 14, 1st Floor, Plumber House, 557, J. S.S. Road, Chira Bazar, Mumbai City, Mumbai, Maharashtra, 400002 | N-13.02053 | August 19, 2013 | February 11, 2026 |
| 2 | KKR India Asset Finance Private Limited | 4101, Level 41, Altimus, Pandurang Budhkar Marg, Worli, Mumbai, Maharashtra, India, 400018 | B-07.00565 | May 29, 2024 | February 23, 2026 |
| 3 | Mechno Sales Agencies Pvt Ltd | 34 C R Avenue2nd Floor Room No 10, Kolkata, West Bengal, India, 700012 | 05.01300 | March 27, 1998 | February 26, 2026 |
ii) Cancellation of CoR due to meeting the criteria prescribed for unregistered Core Investment Company (CIC) that do not require registration
| Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued on | Date of cancellation of CoR |
| 1 | Premier Ferro Alloys & Securities Limited | 687, Anandapur, EM Bypass 2nd Floor, Kolkata, Kolkata, West Bengal, India, 700107 | B-05.05477 | October 23, 2003 | February 16, 2026 |
iii) Cancellation of CoR due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.
| Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued on | Date of cancellation of CoR |
| 1 | Unicon Suppliers Pvt Ltd | 1007, 10th Floor, Safal Prelude, Opp. Spipa Corporate Road, Prahladnagar, Ahmedabad, Gujarat – 380015 | B.01.00591 | July 20, 2018 | February 13, 2026 |
| 2 | Atreyi Vincom Pvt Ltd | 1007, 10th Floor, Safal Prelude, Opp. Spipa Corporate Road, Prahladnagar, Ahmedabad, Gujarat – 380015 | B.01.00593 | August 23, 2018 | February 13, 2026 |
| 3 | Hanuman Forging & Engineering Pvt Ltd | Triplex-7, 1st Floor, Remi Commercio, Plot No. 14, Shah Industrial Estate, Andheri (West), Mumbai – 400053 | B-13.02031 | October 15, 2012 | February 23, 2026 |
| 4 | Upwards Capital Private Limited | 501-A Pinnacle Corporate Park, BKC, Bandra (East), Vill Kole Kalyan, NR. Trade Centre, Mumbai, Maharashtra 400051 | N-13.02353 | June 27, 2019 | February 23, 2026 |
| 5 | Samuk Holding Pvt Ltd | 1, Floor-Ground, Plot -228, Mittal Chamber Barrister Rajani Patel Marg, Nariman Point, Mumbai, Maharashtra, India -400021 | 13.01575 | March 08, 2002 | February 25, 2026 |
