The Sahara group would no longer hold NBFC license. The license was held by Sahara India Investment Corporation (SIIC). SIIC is a flagship company of Sahara India Financial Corporation and acts as a residuary non-banking finance company (RNBC).

According to the RBI report, SIIC has voluntarily decided to exit the NBFC (non-banking finance company) business from now onward. The company is likely to shift its focus toward reality business.

The Sahara Corporation is completely revising its real estate business. There must be some cross-holding issues between Sahara India Investment and Sahara India Financial Corporation but the executive of the company did not disclose the detail.

Reserve Bank of India (RBI) has set a new time line limit for the company. It can invest deposits which must mature in three years. The group promoted by Subrata Roy is also directed to cover all its liabilities by June 30, 2015.