RBI Approves Surrender of Registration by Two Core Investment Companies

Reserve Bank Cancels Registration of 154 Non-Banking Financial Institutions

The Reserve Bank of India (RBI) on Thursday announced the cancellation of the certificate of registration of 154 non-banking financial institutions (NBFCs) following their requests for surrender. This move includes the cancellation of the certificate of registration for RR Holdings and Anjali Capfin, as per an official statement.

According to the RBI, the cancellation of the certificate of registration for RR Holdings and Anjali Capfin meets the "criteria prescribed for unregistered CIC that do not require registration." The RBI also stated that it cancelled the certificate of registration for HDFC Holdings, a non-banking finance company, as it has ceased to be a legal entity due to amalgamation or merger.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

The RBI also announced that four NBFCs, including Guru Kirpa Finvest, Gajraj Securities And Services, Ashoka Viniyoga, and Purvanchal Investment And Trading Company, surrendered their certificate of registration due to exit from Non-Banking Financial Institution (NBFI) business.

In a separate notification, the RBI cancelled the certificate of registration of 150 NBFCs, including Astute Finance, Regis Industries, MR Fincap, and IND Corp Securities.

On the other hand, the RBI restored the certificate of registration of Krishna Capfin on April 17, 2026, after considering the orders passed by the Appellate Authority/Courts. The RBI advised the NBFC to adhere to the applicable provisions of the RBI Act, 1934, and guidelines/directions issued by the RBI, including reporting requirements.

Tata Sons' request to surrender its certificate of registration as a CIC, which will save the holding company of the diversified conglomerate classified as an upper-level NBFC by RBI from listing, is still pending.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline