MUMBAI, India, July 21 -- Reserve Bank of India issued the following press release:
The following seven Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.
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 Samruddhi Swastik Trading and Investments Limited Birlagram Nagda, Ujjain, Madhya Pradesh - 456331 03.00037 March 03, 1998 June 02, 2025 2 Strategic Capita...