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The Economic Times

Business

RBI cancels registrations of 150 NBFCs; around 67 firms from Delhi, 75 from West Bengal

RBI New Delhi West Bengal Reserve Bank of India

New Delhi: The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of 150 Non-Banking Financial Companies (NBFCs), with the highest number of affected firms registered in Delhi and West Bengal, according to a central bank release issued on Thursday.

An analysis of the RBI list showed that around 67 of the NBFCs were registered in Delhi, while about 75 companies were registered in West Bengal, particularly in Kolkata and nearby regions.

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