RBI Cancels 35 NBFC Registrations, 16 Others Surrender Licenses

• RBI cancelled the Certificate of Registration (CoR) of 35 NBFCs for non-compliance with regulatory requirements.
• An additional 16 NBFCs voluntarily surrendered their CoRs, which were accepted by the central bank.
• The cancellations, effective between December 9, 2025, and December 31, 2025, mean these companies can no longer operate as non-banking financial institutions.
• Reasons for voluntary surrender include exiting the NBFC business, meeting criteria for unregistered Core Investment Companies (CICs), or ceasing to be a legal entity.
• Affected companies are located across various cities including Delhi, Mumbai, Kolkata, Chennai, Jabalpur, Jaipur, Kanpur, and Raipur.

Why It Matters: RBI tightens financial sector regulation by cancelling 35 NBFC licenses and accepting 16 surrenders.