RBI Cancels Certificate of Registration of 54 NBFCs

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RBI Cancels Certificate of Registration of 54 NBFCs

RBI Press Releases

Filed April 8th, 2026

Detected April 9th, 2026

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Summary

The Reserve Bank of India has cancelled the Certificate of Registration of 54 Non-Banking Financial Companies under Section 45-IA(6) of the RBI Act, 1934 for regulatory non-compliance. The enforcement action removes these entities' authorization to conduct NBFC operations. Affected companies include entities such as Chefair Impex Ltd and Umeed Leasing & Finance Limited.

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What changed

The RBI has exercised its statutory powers under Section 45-IA(6) of the Reserve Bank of India Act, 1934 to cancel the Certificate of Registration of 54 Non-Banking Financial Companies. This enforcement action removes these entities' authorization to operate as NBFCs in India.\n\nNBFCs whose registrations have been cancelled must immediately cease all NBFC-related operations and comply with the RBI's regulatory requirements for wind-down procedures. Other regulated entities should review this action as a signal of intensified supervisory scrutiny and ensure full compliance with all RBI regulatory requirements to avoid similar enforcement measures.

What to do next

Review current NBFC registration status for compliance with RBI requirements
Ensure all regulatory obligations under RBI Act are being met
Consult with legal counsel if registration status is at risk

Archived snapshot

Apr 9, 2026

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| Date : Apr 08, 2026 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| RBI cancels Certificate of Registration of 54 NBFCs | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.

\| S. No. \| Name of the Company \| Registered Office Address \| CoR No. \| CoR issued on \| Cancellation order date \|
\| 1 \| Chefair Impex Ltd \| 8, Grant Lane, Ground Floor, Kolkata, West Bengal - 700012 \| 13.00729 \| April 20, 1998 \| March 10, 2026 \|
\| 2 \| Umeed Leasing & Finance Limited \| H.No. 504 1/6 S/F Netaji Subhash Marg, Darya Ganj (also ref as H. No. - 204, Prakash Chamber), North Delhi, New Delhi, Delhi - 110002 \| B-14.01675 \| March 18, 2020 \| March 11, 2026 \|
\| 3 \| Zafonic Finlease & Investments Private Limited \| HR Mani Towers Plot No 53A, S No 18P Seven Hill Colony, Gachibowli, K.V.Rangareddy, Seri Lingampally, Telangana - 500032 \| B-13.01530 \| July 26, 2001 \| March 16, 2026 \|
\| 4 \| Kasal India Private Limited \| H - 15 South Extn Part 1, New Delhi, Delhi - 110055 \| B-14.02793 \| December 30, 2002 \| March 16, 2026 \|
\| 5 \| Tulip Investments Private Limited \| C-41, Mayfair Garden, South Delhi, New Delhi - 110016 \| B-14.02114 \| May 4, 2002 \| March 30, 2026 \|
\| 6 \| Confluence Leasing and Credit Limited \| 200, Ambika Vihar, Paschim Vihar, New Delhi - 110087 \| B-14.02633 \| June 22, 2002 \| March 30, 2026 \|
\| 7 \| Unickon Fincap Pvt. Ltd. \| 69, 2nd Floor, Regal Building Connaught Circus, New Delhi - 110001 \| B-14.01855 \| September 20, 2000 \| March 30, 2026 \|
\| 8 \| Dreamteam Investt.and Leasing Pvt Ltd \| 654/2, Main Rohtak Road, Mundka, New Delhi, Delhi - 110041 \| 14.01316 \| September 28, 1998 \| March 30, 2026 \|
\| 9 \| Dear Investments Pvt Ltd \| B - 97, 2nd Floor, Amrit Puri Garhi, East Of Kailash, South Delhi, New Delhi -110065 \| B-14.00584 \| July 7, 2003 \| March 30, 2026 \|
\| 10 \| Basist Leasing Finance Company Limited \| 35 A, Pili Kothi, M B Road, Khanpur, South Delhi, New Delhi -110062 \| 14.01336 \| April 4, 2005 \| March 30, 2026 \|
\| 11 \| Harsha Capital Services Limited \| 115, Jagdamba Tower, Preet Vihar Comm. Complex, New Delhi 110092 \| B-14.00554 \| July 24, 2000 \| March 30, 2026 \|
\| 12 \| Hind Leasing and Finance Limited \| AF 1 & 2, First Floor, 2 - Jaisav Place, 5006 - Hamdard Marg, Hauz Qazi, New Delhi - 110006 \| 14.00082 \| July 17, 2002 \| March 30, 2026 \|
\| 13 \| K.R. Finvest Limited \| 54/55, Shyam Bhawan, Bagh Diwar, Fatehpuri, New Delhi - 110006 \| B-14.02716 \| October 7, 2002 \| March 30, 2026 \|
\| 14 \| Karsewa Investments Limited \| 6, Mohan Singh Place, Connaught Place, New Delhi - 110001 \| B-14.02768 \| December 18, 2002 \| March 30, 2026 \|
\| 15 \| Libra Finance Limited \| B-2, Bhargava Lane, Boulevard Road, New Delhi - 110054 \| B-14.01445 \| September 13, 2004 \| March 30, 2026 \|
\| 16 \| Modex Investments Private Limited \| 507, Padma Tower-II,22, Rajindra Place, New Delhi - 110008 \| B-14.01970 \| May 1, 2012 \| March 30, 2026 \|
\| 17 \| Kiran Resources Private Limited \| 4, Scindia House, New Delhi - 110001 \| B-14.03262 \| November 27, 2012 \| March 30, 2026 \|
\| 18 \| Gurudev Financial Services Private Limited \| 2764/17, 2nd Floor, Hamilton Road, Mori Gate, Delhi, North Delhi, Delhi, Delhi, India - 110006 \| B-14.02764 \| December 4, 2002 \| March 30, 2026 \|
\| 19 \| Neesan Investment and Finance Limited \| 54/55, Shyam Bhawan, Bagh Diwar, Fathepuri, Delhi - 110006 \| B-14.02532 \| May 12, 2001 \| March 30, 2026 \|
\| 20 \| Kirti Capital Services Private Limited \| 14/1, Old Rajinder Nagar, New Delhi - 110060 \| B-14.01169 \| October 16, 2002 \| March 30, 2026 \|
\| 21 \| Portend Services Private Limited \| B-40, Madhu Vihar, I P Extension, New Delhi - 110092 \| 14.00595 \| March 30, 1998 \| March 30, 2026 \|
\| 22 \| Pratham Projects and Finlease Limited \| 288, Ghalib Appartments, Parwana Road, Pitampura, New Delhi - 110034 \| B-14.02423 \| August 4, 2001 \| March 30, 2026 \|
\| 23 \| Prichsit Investments Private Limited \| 3, Dr. G. C. Narang Marg, New Delhi - 110007 \| 14.00372 \| March 9, 1998 \| March 30, 2026 \|
\| 24 \| R J Shareholdings Private Limited \| V Floor, Bhandari House, 91, Nehru Place, New Delhi - 110019 \| 14.0085 \| May 25, 1998 \| March 30, 2026 \|
\| 25 \| RMB Financial Services Limited \| 35, Neelam Bata Road, NIT, Haryana - 121001 \| B-14.00200 \| March 4, 1998 \| March 30, 2026 \|
\| 26 \| S K M Export Industries Private Limited \| 1/8-B, Asaf Ali Road, New Delhi - 110002 \| B-14.00353 \| March 26, 2001 \| March 30, 2026 \|
\| 27 \| Sallak Consultants Private Limited \| D-27, Green Park Main, New Delhi - 110016 \| B-14.00944 \| December 30, 2002 \| March 30, 2026 \|
\| 28 \| Savariya Investments Private Limited \| 3, Dr. G. C. Narang Marg, New Delhi - 110007 \| 14.00407 \| March 11, 1998 \| March 30, 2026 \|
\| 29 \| Sethi Finlease Private Limited \| Shop No. 8, W/Z 112, Ganesh Nagar, Tilak Nagar, New Delhi - 110018 \| B-14.02170 \| November 3, 2001 \| March 30, 2026 \|
\| 30 \| S L R Finance and Investments Limited \| B-38, Shivalik, Main Shivalik Road, Malviya Nagar, Delhi - 110017 \| B-14.01811 \| August 13, 2000 \| March 30, 2026 \|
\| 31 \| S L R Finlease Limited \| B-38, Shivalik, Main Shivalik Road, Malviya Nagar, Delhi - 110017 \| B-14.01605 \| January 27, 2000 \| March 30, 2026 \|
\| 32 \| Trideep Leasing and Finance Limited \| Lb 15B, Ansal Bhawan, Kasturba Gandhi Marg, Cannaught Place, New Delhi - 110001 \| B-14.02073 \| August 22, 2001 \| March 30, 2026 \|
\| 33 \| VIP Growth Fund Private Limited \| Flat No-208, 4855/24 Ansari Road, Daryaganj, New Delhi - 110002 \| 14.00251 \| September 30, 2002 \| March 30, 2026 \|
\| 34 \| Zenith Finance Pvt Ltd.) \| 10/21, East Patel Nagar, New Delhi - 110008 \| B-14.02952 \| July 28, 2003 \| March 30, 2026 \|
\| 35 \| SFS Infinite Limited \| 3406, III Floor, D. B. Gupta Road, Karol Bagh, New Delhi - 110005 \| B-14.00234 \| April 8, 2002 \| March 30, 2026 \|
\| 36 \| Sulaxmi Finance Private Limited \| C-7/230, Vats Complex 2nd Floor, Sector-7, Rohini, Delhi - 110085 \| B-14.03219 \| June 11, 2010 \| March 30, 2026 \|
\| 37 \| Redkite Capital Private Limited \| 4852/24, 1st Floor, Ansari Road, Daryaganj, Delhi - 110002 \| N.14.03238 \| June 16, 2011 \| March 30, 2026 \|
\| 38 \| Pointblack Tracon Pvt. Ltd. \| House No.-1, Pocket 52, Chittranjan Park, Delhi - 110019 \| B-14.03364 \| May 18, 2017 \| March 30, 2026 \|
\| 39 \| Vishesh Securities Private Limited \| 4A, Nehru Ground, NIT Faridabad, Faridabad, Haryana - 121001 \| B-14.01887 \| September 18, 2000 \| March 30, 2026 \|
\| 40 \| Rajat Fincap Private Limited \| H.No.536, Sector-14, Faridabad, Faridabad, Haryana - 121007 \| B-14.02038 \| October 09, 2000 \| March 30, 2026 \|
\| 41 \| Sincerely Finance & Investment Private Limited \| 353, Third Floor, Aggarwal Plaza, Pocket-2, Phase III, Mayur Vihar, East Delhi, Delhi - 110096 \| 14.00943 \| June 04, 1998 \| March 30, 2026 \|
\| 42 \| R N Finance Limited \| 102, First Floor,Jhilmil Metro Station Complex Jhilmil, East Delhi, Delhi, Delhi - 110095 \| B-14.02064 \| November 7, 2000 \| March 30, 2026 \|
\| 43 \| Vineet Infin Private Limited \| B-42, Ground Floor, Maharani Bagh, South Delhi, New Delhi - 110065 \| 14.00373 \| March 09, 1998 \| March 30, 2026 \|
\| 44 \| Supra Financial Services Limited \| 801, Ansal Vikasdeep Building, District Centre, Laxmi Nagar, East Delhi, East Delhi, East Delhi, Delhi - 110092 \| B.14.02388 \| August 13, 2001 \| March 30, 2026 \|
\| 45 \| Vardhman Financial Services Private Limited \| 7C, Doctor Lane, Gole Market, Central Delhi, New Delhi, Delhi - 110001 \| 14.00933 \| June 04, 1998 \| March 30, 2026 \|
\| 46 \| Rishabh Holdings Private Limited \| E-227, Basement, East of Kailash, South Delhi, New Delhi, Delhi - 110065 \| 14.00534 \| March 21, 1998 \| March 30, 2026 \|
\| 47 \| V S Growth Fund Private Limited \| Plot No. 47-48, Ward-XVI, Block No.-7B, Gali No. 2-3, Dev Nagar, Karol Bagh, Central Delhi, New Delhi, Delhi - 110005 \| 14.00257 \| March 18, 1998 \| March 30, 2026 \|
\| 48 \| Satkar Finlease Limited \| H.No 22, F F Pvt No 109, Pooja Complex, Veer Savarkar, Blk Shakarpur, East Delhi, East Delhi, New Delhi, Delhi - 110092 \| B-14.01661 \| March 27, 2000 \| March 30, 2026 \|
\| 49 \| Pinkku Chits Private Ltd \| Plot No. 156, 2nd Floor, Blk-B, Parshant Vihar, Rohini City, Landmark Near Lancers Convent School, Northwest Delhi, Delhi -110085 \| B-14.02880 \| January 10, 2003 \| March 30, 2026 \|
\| 50 \| Sparkling (India) Finshares Limited \| Unit No. 355, 3rd Floor, Aggarwal Kondli Plaza, Plot No. 8, LSC-I, Kondli Gharoli, Mayur Vihar, New Delhi, Delhi - 110096 \| 14.01176 \| November 28, 2002 \| March 30, 2026 \|
\| 51 \| Hemani Finlease and Hire Purchase Private Limited \| 104, Rishabh Vihar, East Delhi, Delhi - 110092 \| B-14.00751 \| October 28, 2002 \| March 30, 2026 \|
\| 52 \| Sakar Portfolio Private Limited \| Flat No. 171, Shop No.-3, Ground Floor Block-D, Pkt-17, Sector-3, Rohini, NorthWest, New Delhi, Delhi, India - 110085 \| B-14.02264 \| December 5, 2001 \| March 30, 2026 \|
\| 53 \| Tushar Leasing & Investment Private Limited \| 4-A-36, First Floor, Tilak Nagar, West Delhi, New Delhi, Delhi - 110018 \| B-14.02214 \| August 9, 2001 \| March 30, 2026 \|
\| 54 \| Scud Finlease Limited \| D-936, New Friends Colony, New Delhi, Delhi - 110065 \| B-14.01610 \| April 28, 2004 \| March 30, 2026 \|
As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

(Brij Raj)
Chief General Manager

(Brij Raj)
Chief General Manager

(Brij Raj)
Chief General Manager

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Named provisions

Section 45-IA(6) of the RBI Act, 1934

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April 9, 2026

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RBI Cancels Certificate of Registration of 54 NBFCs

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RBI Cancels Certificate of Registration of 54 NBFCs

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