Document Title: 8 NBFCs surrender their Certificate of Registration to the RBI
Issuing Authority: Reserve Bank of India (RBI)
Reference: Press Release 2026-2027/1132
Date: 17 September 2026
Regulatory and Policy Measures
The RBI, invoking powers under Section 45‑IA(6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration (CoR) of eight non‑banking financial companies (NBFCs). The cancellations were effected in August 2026 and are classified under three distinct reasons.
i) Cancellation due to exit from Non‑Banking Financial Institution (NBFI) business
| Company | Registered Office | CoR No. | CoR Issued on | Date of Cancellation |
| Anupam Mercantile Limited | Property No. 68/4, Jagannath Market, Ashram, West Delhi, New Delhi 110014 | B.14.02612 | 11 May 2002 | 4 August 2026 |
| Grand Motor and Finance Private Limited | House No. 41, Block‑AG, Sanjay Gandhi Transport Nagar, Badli, North West Delhi 110042 | B‑14.02847 | 8 January 2003 | 18 August 2026 |
| Sky Limit International Finance Limited | M.S. Road, Fancy Bazar, Near Archana Machinery, Guwahati, Dist. Kamrup, Assam 781001 | B‑08.00041 | 13 May 1998 | 19 August 2026 |
| ASA International India Microfinance Limited | Unit 2, 8th Floor, Aurora Waterfront, Plot 34/1, Block‑GN, Sector‑V, Bidhan Nagar CK Market, North 24 Parganas, Saltlake, West Bengal 700091 | B‑05.07083 | 28 May 2019 | 31 August 2026 |
ii) Cancellation because the entities meet criteria for unregistered Core Investment Companies (CIC) that do not require registration
| Company | Registered Office | CoR No. | CoR Issued on | Date of Cancellation |
| Anagram Industries Limited | KH No. 773, Harcharan Bagh G/F, Andheria More, Mehrauli, New Delhi 110030 | B‑14‑03082 | 29 July 2005 | 18 August 2026 |
| CDN Finance Private Limited | 1, Oak Drive, DLF Chattarpur Farms, South Delhi 110074 | B‑14.02839 | 9 November 2021 | 20 August 2026 |
The RBI notes that these “Unregistered Type I NBFCs” do not avail public funds and have no customer interface.
iii) Cancellation due to the NBFC ceasing to exist as a legal entity because of amalgamation, merger, dissolution or voluntary strike‑off
| Company | Registered Office | CoR No. | CoR Issued on | Date of Cancellation |
| Shivam Securities Private Limited | Shop No. 7, Kh. No. 215, Ground Floor, Harlal Market, Sector‑7, Village Naharpur, New Delhi | B.14.02684 | 22 August 2002 | 18 August 2026 |
The press release is signed by the Chief General Manager, Brij Raj.
These cancellations reflect the RBI’s ongoing effort to ensure that only active and compliant NBFCs retain registration, thereby supporting the stability of the non‑banking financial sector.