India’s textile sector recorded strong export growth in August 2026, with total exports increasing by 16.1% year-on-year to ₹29,776 crore, compared with ₹25,656 crore in August 2025. During April–August 2026, cumulative textile exports reached ₹1.43 lakh crore, registering growth of 10.3% over the corresponding period of the previous year. The growth was broad-based across several major textile segments. In August 2026, exports of cotton yarn, fabrics, made-ups and handloom products grew by 24.1%, while man-made…
The following eight Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR 1 Anupam…
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Cancellation Order Date 1 Dar's Financial Services Pvt Ltd GE-108, Rajdanga Main Road, Kolkata, West Bengal, India, 700107 B.05.03300 February 03, 2000 August 03, 2026 2 Rolta Holding and Finance Corporation Private Limited 21st Floor,…
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Gauhati Co-operative Urban Bank Ltd., Guwahati vide Directive No.GWH.DOS.ADM.No.S233/01-10-101/2025-2026 dated December 17, 2025 for a period of six months up to close of business on June 17, 2026, which were last extended up to close of business on September 17, 2026, vide Directive No. DOR.MON/D-16/12-29-108/2026-2027 dated June 11, 2026. The Reserve Bank of India is satisfied that in the…
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Valsad Mahila Nagrik Sahakari Bank Ltd., Valsad Gujarat vide Directive No. AMD.DOS.SSM.No.S831/11-03-153/2025-2026 dated December 17, 2025, for a period of six months up to close of business on June 18, 2026 which was last extended vide Directive No. DOR.MON/D-17/12-21-153/2026-27 dated June 11, 2026. The Reserve Bank of India is satisfied that in the public interest, it is necessary to…