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RBI Revokes Gandhinagar Leasing’s Registration

1 reports1 sourcesupdated 3 hours ago

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AI-assisted source synthesis · not an independent investigation.

On November 9, 2026, the Reserve Bank of India (RBI) issued a notice revoking the certificate of registration of Gandhinagar Leasing and Finance Ltd. under Section 45-IA(6) of the Reserve Bank of India Act, 1934. The notice stated that, effective October 29, 2026, the company may no longer conduct non-banking financial institution business as defined under the Act.

AI-written from reports · updated 3 hours ago

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Nov 9
  1. Reserve Bank of India — Press releases
    Reserve Bank revokes the certificate of registration of Gandhinagar Leasing and Finance Ltd.

    Reserve Bank revoked the certificate of registration of Gandhinagar Leasing and Finance Ltd. under Section 45-IA (6) of the Reserve Bank of India Act, 1934. The company may no longer conduct non-banking financial institution business as defined under the Act from October 29, 2026.

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