Case Brief
The Reserve Bank of India, exercising powers under Section 45-IA(6) of the RBI Act, 1934, cancelled the Certificate of Registration issued to M/s. Unitara Finance Limited. The company had been authorised to operate as a Non-Banking Financial Institution. With the cancellation taking effect by order dated March 24, 2025, the company is no longer permitted to carry on that business under the Act.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Indore, Madhya Pradesh
- Order Date