RBI Cancels Registration of 35 NBFCs for Rule Violations
The Reserve Bank of India (RBI) has cancelled the Certificates of Registration (CoR) of 35 Non-Banking Financial Companies (NBFCs) after finding them non-compliant with regulatory requirements. Following this action, the affected entities are no longer authorised to conduct non-banking financial activities in India. In a circular dated January 7, 2026, the central bank stated that … Read more