RBI Cancels Licences of 5 NBFCs as 8 Others Exit Registry
The Reserve Bank of India has cancelled the registration certificates of five non-banking finance companies, while eight others surrendered their licences for a mix of business and structural reasons. The latest round of regulatory actions underscores the central bankโs continuing scrutiny of the NBFC sector, which plays a critical role in vehicle finance, EV lending and broader mobility credit.
