In exercise of powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934 (the Act), the Reserve Bank of India by its order dated March 24, 2025 has cancelled the Certificate of Registration No. B-03.00016 dated February 20, 1998 issued to M/s. Unitara Finance Limited, CIN No. U65921MP1994PLC008248, having its Registered Office at 70, Transport Nagar Indore, Madhya Pradesh-452001 for carrying on the business of a Non-Banking Financial Institution as defined in section 45-I(a) of the Act.

The company therefore cannot carry on the business of a Non-Banking Financial Institution under the Act.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/2448