15 Indian NBFCs surrender RBI certificates due to mergers, dissolutions, or ceasing operations.
15 Non-Banking Financial Companies (NBFCs) in India have surrendered their certificates of registration with the Reserve Bank of India (RBI) due to various reasons, including mergers, dissolutions, or ceasing operations. Among them are Tata Capital Financial Services and Revolving Investments. The RBI's announcement highlights potential changes in the NBFC sector, which play a crucial role in extending credit in India.
May 10, 2024
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