RBI cancels registration of Gandhinagar Leasing and Finance Ltd, halting NBFC operations

The Reserve Bank of India has cancelled the Certificate of Registration of Gandhinagar Leasing and Finance Ltd, effective October 29, 2026, barring it from conducting NBFC business. The action, taken under Section 45-IA(6) of the RBI Act, signals regulatory enforcement against a small non-banking financial company. The specific reasons for cancellation are not disclosed, and the impact is limited to this entity.

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