Motor & General Finance has decided to voluntarily surrender Certificate of Registration to Reserve Bank of India (RBI) which was being held in category ‘B’ i.e. Non Accepting Deposits Non Banking Finance Company and is no longer NBFC. The company has taken this step as it has not been doing any NBFC activities for quite some time. The board of directors of the company has accorded for the same.
Motor & General Finance (MGF) the flagship company of MGF Group was incorporated in 1930. It is one of the oldest finance companies of India. MGF gave India its first impression of automobiles, hire purchase for financing the commercial vehicles.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 908.70 |
| Shriram Finance | 1036.50 |
| Aditya Birla Capital | 340.20 |
| Chola Invest & Fin. | 1579.65 |
| Tata Capital | 337.60 |
| View more.. | |
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: