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15 NBFCs surrender their registration certificates to RBI
short by Mansi Agarwal / on Friday, 10 May, 2024
RBI on Friday said 15 NBFCs (non-banking financial companies) have surrendered their registration certificates. As per a release, six NBFCs have surrendered their certificates due to exit from the non-banking financial institution (NBFI) business. Nine NBFCs have surrendered their licences as they ceased to be legal entities due to reasons like merger, dissolution or amalgamation.
read more at Moneycontrol