RBI cancelled certificates of registration for 16 NBFCs in March 2026, citing exit, CIC criteria, or amalgamation.
The cancellations include entities such as Rajyarekha Trade Pvt. Ltd., UBS Finance India Pvt. Ltd., and HDFC Investments Ltd., with CoR numbers and issue dates listed.
Actions are grouped into three categories: exit from NBFI business, unregistered Core Investment Company criteria, and legal entity cessation via merger or dissolution.
The move reflects RBI's enforcement under Section 45‑IA(6) of the RBI Act, impacting compliance within the NBFC sector.