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.

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued On Cancellation Order Date
1 Marwah Finance Pvt Ltd B-512, 5th Floor, Wall Fort Ozone Fafad, Raipur, Chhattisgarh – 492001 B-03.00189 October 31, 2017 November 11, 2024
2 PVP Capital Limited No. 2, 9th Floor, KRM Centre, Harington Road, Chetpet, Chennai, Tamil Nadu – 600031 B-07.00406 May 23, 2002 November 21, 2024
3 Rain Bow Finance India Ltd RMZ Millenia Business Park, Campus 1A, No. 143, Dr. M.G.R. Road, (North Veeranam Salai), Perungudi, Sholinganallur, Kanchipuram, Saidapet, Chennai, Tamil Nadu – 600096 07.00157 March 11, 1998 November 21, 2024
4 Ram Alloy Castings Private Limited KB-33, 2nd Floor, Sector-14, Kaushambi, Ghaziabad, Uttar Pradesh – 201010 B-12.00281 December 18, 2000 November 26, 2024

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.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/1725