The RBI revoked the Certificates of Registration of seven NBFCs on April 6‑17 2026 under Section 45‑IA(6) of the RBI Act.
Four entities exited the NBFC business, two qualified as unregistered Core Investment Companies, and one ceased due to merger.
The firms include Guru Kirpa Finvest, Gajraj Securities, Ashoka Viniyoga, Purvanchal Investment, R R Holdings, Anjali Capfin, and HDFC Holdings.
These cancellations may tighten NBFC credit supply, affecting liquidity and funding channels for SMEs and the broader economy.