<h1>RBI Cancels Alchemist Holdings' Registration as NBFC u/s 45-IA Due to Supervisory Concerns.</h1> The Reserve Bank of India (RBI) has revoked the certificate of registration for a non-banking financial company based in New Delhi. The company, identified as M/s Alchemist Holdings Ltd., had its registration canceled on June 26, 2014, under Section 45-IA (6) of the Reserve Bank of India Act, 1934, due to supervisory concerns. This cancellation prohibits the company from conducting business as a non-banking financial institution as specified under clause (a) of Section 45-I of the same Act.