RBI Cancels Registration Of 16 NBFCs Following Voluntary Surrender

The Reserve Bank of India cancelled the Certificates of Registration of 16 non-banking financial companies on January 07, 2026. The action followed the voluntary surrender of registration by these entities under Section 45-IA(6) of the Reserve Bank of India Act, 1934.

The affected companies cited exits from NBFC business, eligibility as unregistered core investment companies, or cessation as legal entities. As a result, these entities are no longer authorised to operate as non-banking financial institutions.

NBFCs Exiting Non-Banking Financial Institution Business

8 NBFCs surrendered their Certificates of Registration after exiting non-banking financial institution activities. These include Dharmesh Stock Broking Private Limited, Millennium Holdings Pvt. Ltd., Celestial Consultants Pvt. Ltd., and Damayanti Finance & Properties Private Limited.

Other entities in this category are Liquid Paper Finserve Private Limited, Peerless Financial Services Limited, Park Avenue Engineering Limited, and Arvind Overseas Project Services Pvt Ltd. The cancellation dates for these companies range from December 04, 2025, to December 30, 2025.

NBFCs Ceasing to Exist as Legal Entities

5 NBFCs had their registrations cancelled after ceasing to exist as legal entities due to amalgamation, merger, dissolution, or voluntary strike-off. These include Edelweiss Retail Finance Limited and Yaduka Financial Services Limited.

Super Commodities Pvt Ltd, Silfix Tradelink Pvt. Ltd., and Sakthi Traders Pvt Ltd are also part of this group. Their Certificates of Registration were cancelled between December 24, 2025 and December 26, 2025.

Geographic Distribution and Registration Timeline

The registered offices of the affected NBFCs span Maharashtra, West Bengal, Delhi, Rajasthan, Uttar Pradesh, Chhattisgarh, and Tamil Nadu. Several of the cancelled registrations were originally granted more than 20 years ago, with some issued as early as March 24, 1998.

The most recent registration among the list was issued in October 2025. This distribution reflects the nationwide scope of RBI’s regulatory supervision.

Read More: RBI Cancels Registration of 35 NBFCs.

Conclusion

The cancellation of Certificates of Registration for 16 NBFCs marks a procedural regulatory update by the Reserve Bank of India. The action covers voluntary exits, regulatory reclassification, and corporate restructuring outcomes.

All cancellations were executed in December 2025 under statutory provisions. The affected companies are no longer permitted to operate as non-banking financial institutions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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