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NBFC SURRENDER CERTIFICATE
RBI cancels 4 NBFCs' registration, 4 others surrender certificatesThe Reserve Bank of India has taken significant regulatory steps by canceling the registrations of four non-banking financial companies, sh...
Nine NBFCs surrender certificate of registration: RBIThe Reserve Bank of India received surrender requests from nine Non-Banking Financial Companies. These included PhonePe Technology Services...
Twenty NBFCs surrender registration certificates to RBIThe Reserve Bank of India (RBI) announced that 20 non-banking financial companies, including Reliance Commercial Finance and IDFC Limited, ...
RBI evaluates Tata Sons’ request to shed core investment company statusThe Reserve Bank of India is considering Tata Sons' request to de-register from the list of core investment companies under NBFC-UL norms. ...
Tata Sons ends debt support for new businesses, focus on independent financingTata Sons has instructed its group companies to manage their own debts without relying on cross-default clauses or letters of comfort. Futu...
Tata Sons repays Rs 20,000-crore debt in bid to stay privateAs a core investment company that borrows funds from banks and markets to invest in group companies, Tata Sons was classified by the RBI as...
RBI says 15 NBFCs surrendered registration certificatesThe Reserve Bank of India (RBI) announced on Friday that 15 Non-Banking Financial Companies (NBFCs), including Tata Capital Financial Servi...
Equitas Holdings surrenders NBFC licence to RBIThe RBI, in the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled ...
RBI says 10 NBFCs surrender registration certificatesThe 10 Non-Banking Financial Companies (NBFC), which surrendered their registration certificates, include Telecom Investments India Private...
RBI says 22 NBFCs have surrendered their registration certificatesWith cancellation of the CoRs, these 22 entities cannot transact the business of a Non-Banking Financial Company (NBFC), the RBI said in a ...
RBI cancels license of 56 NBFCs, Bajaj Finserv gives away licenseThe Reserve Bank of India has cancelled a bulk of non-banking financial companies as those mostly little-known local lenders may have eithe...
Religare Enterprises clarifies on NBFC licence cancellationReligare Enterprises today clarified that Religare Finance was non-operative and had voluntarily surrendered its licence.
Motor & General Finance to surrender NBFC licence to RBIMotor & General Finance today said it has decided to surrender NBFC licence to RBI as it has not been doing any NBFC activities
- Sahara arm relinquishes NBFC licence
Sahara now plans to change the objects of association of the company. In its new role, the company is likely to take over all the real esta...
- Mkt flow: NBFCs tap MFs for stock play
With more banks refusing to lend them, fin cos - have found a new source of finance: the mutual fund.
- MNC banks’ fund run faces a hurdle
The Reserve Bank of India is unlikely to give foreign banks a free hand in using their erstwhile primary dealership (essentially an NBFC) t...
- Only functioning NBFCs can hold registration
Foreign banking groups will find it more difficult to buy into dormant finance companies to make inroads into financial services.