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regular-article-logo Monday, 23 December 2024

Reserve Bank of India says 15 NBFCs surrendered registration certificates

RBI further said six NBFCs surrendered their certificate of registration after exiting from Non-Banking Financial Institution (NBFI) business

PTI Mumbai Published 10.05.24, 06:44 PM
Reserve Bank of India

Reserve Bank of India File photo

The Reserve Bank of India (RBI) on Friday said 15 NBFCs, including Tata Capital Financial Services and Revolving Investments, have surrendered their certificates of registration due to various reasons.

Nine Non-Banking Financial Companies (NBFC) have ceased to be legal entities due to amalgamation, merger, dissolution, or voluntary strike-off.

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These are Tata Capital Financial Services, Tata Cleantech Capital, Naperol Investments, USG Financial Services, Urja Capital, Vandana Dealers, ABRN Finance, Jodhani Management, and JDS Securities.

The RBI further said six NBFCs surrendered their certificate of registration after exiting from Non-Banking Financial Institution (NBFI) business.

These were Vian Growth Capital, Drap Leasing and Finance, Jewel Strips, Revolving Investments, Anshu Leasing, and A V B Finance.

The certificates of registration were granted to them by the RBI.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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