Reserve Bank of India: The Reserve Bank of India (RBI) has taken a big step against 35 non-banking financial companies i.e. NBFCs. Under this, the registration of all these NBFCs has been cancelled. This action has been taken accusing the companies providing financial services of not following the regulatory rules. Along with canceling the registration, RBI has made it clear that these companies will no longer be able to do any kind of NBFC related business.
Why was the action taken?
RBI said in a circular issued on January 7, 2026 that it had to take this decision using the powers under Section 45-IA (6) of the RBI Act, 1934. According to the Central Bank, the companies whose registration has been canceled were not following the necessary terms and conditions for a long time. For this reason, the permission to operate as an NBFC has been withdrawn.
According to RBI, the order to cancel the registration of these companies was issued on different dates between December 9, 2025 and December 31, 2025. This means that after this date these companies cannot legally do business as NBFCs.
See list of 35 NBFCs
A total of 35 NBFCs’ names are included in the list given by the Reserve Bank. Let’s take a look at these:-
- Satya Prakash Capital Investment Limited
- AG Securities Private Limited
- ALB Leasing & Finance Limited
- ATM Credit and Investments Private Limited
- Corporate Capital Services India Private Limited
- Decisive Finance Private Limited
- Divine Investments Private Limited
- Liberty Private Limited Sales
- Pearls Hire Purchase Corporation Limited
- Quasar India Fincap Private Limited
- Sunlife Securities Private Limited
- Sunrise Manufacturing Company Limited
- Swito Finance & Estates Pvt Ltd
- Triveni Exchange Private Limited
- 21st Century Marketing Limited
- Unitron Finlease Limited
- Veera Securities & Finlease Private Limited
- Vini Financial and Management Consultants Pvt Ltd
- Shivom Investment and Consultancy Limited
- Adhinath Investments Private Limited
- Agroha Savings Limited
- Ahusons Finance and Investments Private Limited
- Altar Investment Private Limited
- Associated Leasing Limited
- Atlantic Leasing Limited
- BHL Forex & Finlease Limited
- Bharatpuria Finance and Investment Limited
- Dada Dev Finance & Leasing Private Limited
- East Delhi Leasing Private Limited
- Economic Capital Services India Private Limited
- ESN Finance & Capital Services Limited
- FMI Investments Private Limited
- Ganpati Fincap Services Pvt Ltd
- Goodworth Securities Private Limited
- Gopal Overseas Private Limited
RBI’s advice to the general public of the country
RBI has also advised the general public to be cautious on this occasion. The Reserve Bank has said that before making any investment, loan or financial transaction, it is important to check whether the concerned company is registered with RBI or not. For this, the list of NBFCs available on the official website of RBI can be seen.
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