New Delhi: Taking a major action, the Reserve Bank of India (RBI) has cancelled the registration of 35 non-banking financial companies i.e. NBFCs. The
actions was taken as these financial service providers were accused of not following regulatory regulations. RBI has categorically stated that the the particular companies will not be able to do any kind of NBFC related business.
The RBI, in a circular issued on 7 January 2026, stated that it had to take this decision by exercising the powers granted under Section 45-IA (6) of the RBI Act, 1934. According to the central bank, the companies whose registration has been cancelled were not following the required terms and conditions for a long time. Due to this, the permission to work as an NBFC has been withdrawn.
According to RBI, the order of cancellation of registration of these companies was issued on different dates between 9 December 2025 and 31 December 2025. This means that after this period, these companies cannot legally trade NBFCs.
NBFCs hit by RBI action: Full list
The names of a total of 35 NBFCs are included in the list released by RBI. These include companies like Satya Prakash Capital Investment Limited, A G Securities Private Limited, ALB Leasing & Finance Ltd., Shivom Investment & Consultancy Limited, Agroha Savings Limited and Ganpati Fincap Services Private Limited. Apart from this, the names of many other leasing, finance and investment companies are also in this list:
- Satya Prakash Capital Investment Limited
- A G Securities Private Limited
- ALB Leasing & Finance Ltd.
- ATM Credit & Investments Pvt.Ltd.
- Corporate Capital Services India Private Limited
- Decisive Finance Private Limited
- Divine Investments Private Limited
- Liberty Pvt. Ltd Sales
- Pearls Hire Purchase Corporation Limited
- Quasar India Fincap Private Limited
- Sunlife Securities Private Limited
- Sunrise Manufacturing Co Ltd
- Swito Finance & Estates Private Limited
- Triveni Vinimay Private Limited
- Twenty First Century Marketing Ltd
- Unitron Finlease Limited
- Veera Securities and Finlease Private Limited
- Vini Financial and Management Consultants Private Limited
- Shivom Investment & Consultancy Limited
- Adhinath Investments Private Limited
- Agroha Savings Limited
- Ahusons Finance and Investments Private Ltd
- Altar Investment Pvt Ltd
- Associated Leasing Limited
- Atlantic Leasing Limited
- B H L Forex and Finlease Limited
- Bharatpuria Finance and Investment Limited
- Dada Dev Finance & Leasing Pvt. Ltd.
- East Delhi Leasing Private Limited
- Economic Capital Services India Private Limited
- ESN Finance and Capital Services Limited
- FMI Investments Private Limited
- Ganpati Fincap Services Private Limited
- Goodworth Securities Private Limited
- Gopal Overseas Private Limited
RBI’s advice to common people
RBI has also advised the general public to be cautious on this occasion. The central bank has said that before making any investment, loan or financial transaction, it is necessary to check whether the concerned company is registered with the RBI or not. For this, the list of NBFCs available on the official website of RBI can be viewed.
What is an NBFC
An NBFC is a company that deals with financial activities like lending, investing, leasing or hiring purchases, but it is not a bank. However, not every business company is considered an NBFC. Companies that buy and sell agriculture, industry, real estate or goods do not fall under the category of NBFCs.
