Signal Desk · Policy

RBI cancels Certificate of Registration of 13 NBFCs

2026-10-09 · 1 source · Reserve Bank of India

In short

On August 22, 2026, the Reserve Bank of India cancelled the Certificate of Registration of 13 non-banking financial companies under Section 45-IA(6) of the RBI Act, 1934. The action means the 13 companies can no longer carry on business as a Non-Banking Financial Institution under clause (a) of Section 45-I of the RBI Act, 1934. In simple terms, these firms have lost their RBI permission to operate as NBFCs, so they cannot legally continue that business. No closing date or validity period for the action is stated.

Why it matters

A change to who is authorised to operate. Cancellations and surrenders are routine housekeeping in aggregate, but they define which entities may legally carry on the regulated activity — worth checking against any entity you deal with directly. This classification and note were written here from Reserve Bank of India's own published document.

Touches: Policy, Banking

Sources