7 NBFCs, including L&T Finance and L&T Infra Credit, surrendered CoR to RBI due to amalgamation, merger, or dissolution.
7 NBFCs, including L&T Finance and L&T Infra Credit, have surrendered their Certificate of Registration (CoR) to the Reserve Bank of India (RBI). The central bank cancelled their CoR as they ceased to be legal entities due to amalgamation, merger, dissolution, or voluntary strike-off. L&T Finance Holdings had completed the merger of its subsidiaries in December 2023.
March 11, 2024
4 Articles