The Reserve Bank of India (RBI) has taken action against non-banking financial companies (NBFCs) and cancelled the registration certificates of four firms. Apart from this, the request to withdraw the registration of 13 other companies has been accepted. According to a Reuters report, this move is part of RBI’s ongoing efforts to ensure the stability and compliance of the financial sector. RBI has officially cancelled the registration of four NBFCs – RBI accepted the request to withdraw the registration of 13 companies –
