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RBI cancels NBFC Registration Certificate of Microsec Financial Services

29 Jul 2015 Evaluate

The Reserve Bank of India (RBI) has cancelled NBFC Registration Certificate of Microsec Financial Services. In response to the application made by the company for cancellation of NBFC Registration Certificate, the RBI has deregistered the company as a Non-Banking Financial Company (NBFC) and the Certificate of Registration (CoR) dated November 09, 2005 has been cancelled. The apex bank has advised that being a Core Investment Company (CIC), the company henceforth will function only as CIC.

Microsec Financial Services is engaged in the businesses of financing and investment, investment banking and related services, brokerage and related services and wealth management, insurance broking, financial planning and related services.


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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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