In different notifications released this week, the central bank also annulled the registrations of seven more NBFCs after they voluntarily surrendered their licenses, while reinstating the registration of one Jaipur-based NBFC following decisions from appellate authorities and the courts.
The RBI mentioned that the 150 entities whose registrations were revoked “shall not engage in the business of a Non-Banking Financial Institution,” as outlined under the RBI Act.
Most impacted companies were based in West Bengal and Delhi, although firms from states like Telangana, Karnataka, Tamil Nadu, Bihar, Haryana, Madhya Pradesh, and Rajasthan were also included in the list.
Among the companies whose registrations were cancelled were Kolkata-based entities such as Akin Vincom, Admire Vinimay, Blue Diamond Securities & Finance, and Taurus Ispat Private, alongside Delhi-based firms like Goal Securities and Credits, MR Fincap Private, and Paras Fincap.
In a separate matter, the RBI noted that seven NBFCs voluntarily surrendered their CoR. Four companies exited the non-banking financial institution space, including Ashoka Viniyoga and Guru Kirpa Finvest.
Two firms — R R Holdings Private Limited and Anjali Capfin Private Limited — no longer needed RBI registration after fulfilling the criteria for unregistered Core Investment Companies (CICs), stated the central bank.
The RBI also annulled the CoR of Hdfc Holdings Limited as the company no longer existed as a legal entity due to amalgamation, merger, dissolution, or voluntary strike-off, according to the notification.
In another announcement, the central bank reinstated the CoR of Jaipur-based Krishna Capfin, taking into account orders from appellate authorities and courts. The RBI instructed the company to adhere to all relevant regulations of the RBI Act and regulatory reporting requirements moving forward.
First Published: May 15, 2026 7:56 AM IST
