List Of 9 NBFCs That Surrendered Their Certificate of Registration to the RBI

The Reserve Bank of India has cancelled the Certificates of Registration of 9 Non‑Banking Financial Companies after they surrendered their licences or no longer met the criteria to remain registered entities. The cancellations were carried out under Section 45‑IA (6) of the Reserve Bank of India Act, 1934, following exits from the NBFC business, reclassification under Core Investment Company norms and corporate restructuring events.

These updates form part of the RBI’s regular supervisory oversight to maintain accurate regulatory records. The central bank confirmed that each cancellation followed a formal review of submissions made by the respective companies.

NBFCs Exiting the Financial Business

Three entities exited the NBFC business voluntarily and surrendered their Certificates of Registration. The RBI cancelled their registrations after ensuring all regulatory exit conditions had been fulfilled.

These organisations are no longer permitted to conduct NBFC‑related lending or investment operations. The cancellations reflect a structured withdrawal from the financial services landscape.

NBFC Meeting CIC Exemption Requirements

One of the companies met the criteria that allow certain Core Investment Companies to operate without requiring formal NBFC registration. Under these rules, entities with specific asset‑holding structures, leverage limits and investment patterns may be exempt from registration.

The RBI therefore, cancelled its CoR as it no longer fell within the registration‑eligible category. This action aligns with the regulator’s framework for streamlined classification under the CIC route.

NBFCs Cancelled Due To Dissolution or Merger

Five companies had their registrations cancelled after ceasing to exist as legal entities following mergers, amalgamations or strike‑off processes. Once such structural changes occur, the Certificate of Registration automatically becomes non‑operational.

The RBI subsequently removes these companies from its active NBFC registry. These cancellations ensure that dissolved or restructured entities cannot be referenced as valid NBFCs in the financial system.

Consolidated List of Cancelled NBFCs

Read More: RBI Sets SGB 2019-20 Series-X Redemption Price at ₹15,920 for March 11, 2026.

Conclusion

The cancellation of registrations for 9 NBFCs highlights the RBI’s focus on maintaining an accurate and compliant financial ecosystem. The decisions stem from voluntary exits, CIC‑qualification changes and legal restructuring of entities.

Each cancellation reflects a specific regulatory pathway defined under the RBI Act and associated reporting norms. The consolidated list provides clarity for market participants tracking the status of NBFC entities across the country.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.