RBI Cancels Registration of 13 NBFCs, 11 in West Bengal

RBI Cancels Registration of 13 NBFCs, 11 in West Bengal

The Reserve Bank of India has cancelled the Certificates of Registration of 13 non-banking financial companies, 11 of them based in West Bengal and two in Tamil Nadu, barring them from non-banking financial business. The orders, issued under Section 45-IA(6) of the RBI Act, 1934, were dated across September 2026. Separately, the RBI said 10 NBFCs surrendered their registrations.

Source: Zee News English

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