The Reserve Bank of India (RBI) has revoked the Certificates of Registration (CoR) of two financial entities, effectively barring them from carrying out their respective businesses.

In a notification issued under Section 45-IA (6) of the RBI Act, 1934, the central bank cancelled the registration of R.L. Investment and Finance Company Limited, located at 61/211, Canal Road, Kanpur, Uttar Pradesh – 208001. The company, which had been operating with CoR No. 12.00010 since February 21, 1998, is now prohibited from conducting any non-banking financial activities as defined under Section 45-I (a) of the Act. The cancellation order was dated April 8, 2025.

Separately, under Section 4(1)(e) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, the RBI also cancelled the registration of India Resurgence ARC Private Limited. The Mumbai-based company, registered at 304, 3rd Floor, Piramal Tower, Peninsula Corporate Park, Lower Parel, had been operating with CoR No. 029/2018 since October 23, 2018. The cancellation, effective April 4, 2025, disqualifies the firm from carrying out the business of an Asset Reconstruction Company.

These regulatory actions highlight RBI’s ongoing oversight of financial sector entities to ensure compliance with applicable laws.