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investigation

# **The Reserve Bank has cancelled the Certificate of Registration issued to Gandhinagar Leasing and Finance Ltd.**

A investigation by Reserve Bank. Statements are as reported by the cited publishers — not verified by DecisionGateway.

> *the Reserve Bank has cancelled the Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC)*

bank\_nbfc\_fintechPublished 2026-11-09 [ Read source](https://t.me/bank_nbfc_fintech/275243)

## **Related claims**

[**The Certificate of Registration of Gandhinagar Leasing and Finance Ltd. bears CoR No. 01.00279 dated December 08, 1998.**Reserve Bank · statement](https://dgw.tmarket.io/claims/01a1cc72-5723-75bb-be9a-391bb5fb0ec4) [**Gandhinagar Leasing and Finance Ltd. shall not, hereinafter, transact the business of a Non-Banking Financial Institution.**Reserve Bank · statement](https://dgw.tmarket.io/claims/01a1cc72-56fc-7c71-b588-47050f078d35) [**Gandhinagar Leasing and Finance Ltd. is registered at 420, Times Square Arcade, Opposite Rambaug, Thaltej-Shilaj Road, Ahmedabad, Gujarat – 380059.**Reserve Bank · statement](https://dgw.tmarket.io/claims/01a1cc72-5785-7910-950a-27f624fbdeff) [**The cancellation was made in exercise of powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934.**Reserve Bank · statement](https://dgw.tmarket.io/claims/01a1cc72-56a8-79af-83f6-962ceb3615fe) [**The Reserve Bank of India superseded the Board of Directors of Abhyudaya Co-operative Bank Ltd., Mumbai for one year on November 24, 2023, due to material concerns arising from poor governance standards observed within the bank.**Reserve Bank of India · statement](https://dgw.tmarket.io/claims/01a1cc7e-c804-7191-84a3-879b005052ad) [**The Reserve Bank of India has extended the period of supersession for a further period of one year, effective from November 24, 2026, in exercise of its powers under sub-Section (1) of Section 36AAA read with Section 56 of the Banking Regulation Act, 1949.**Reserve Bank of India · statement](https://dgw.tmarket.io/claims/01a1cc7e-c8b0-7723-a6ff-f9ebfe3de5aa)

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```

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