Mumbai: The Reserve Bank on Thursday said it has cancelled the certificate of registration of two core investment companies (CICs) following their requests for surrender.
These include RR Holdings and Anjali Capfin, according to an official statement, which included them in a list of NBFCs that have surrendered their CoR (certificate of registration).
Cancellation of CoR in the case of the two has been done as it meets the "criteria prescribed for unregistered CIC that do not require registration", the RBI said.
There was no word on Tata Sons' May 2024 plea for surrendering its CoR as a CIC, which will save the holding company of the diversified conglomerate classified as an upper-level NBFC by RBI from listing.
RBI said it cancelled the certificate of registration (CoR) for HDFC Holdings as the NBFC (non banking finance company) has ceased to be a legal entity due to amalgamation or merger.
HDFC Holdings is among the seven NBFCs that surrendered their certificate of registration.
HDFC Bank merged its mortgage major parent HDFC Ltd with itself last year.
On Thursday, RBI also said that four NBFCs, including Guru Kirpa Finvest, Gajraj Securities And Services, Ashoka Viniyoga, and Purvanchal Investment And Trading Company, surrendered their CoR due to exit from Non-Banking Financial Institution (NBFI) business.
In a separate notification, the central bank said it has cancelled the certificate of registration of 150 NBFCs, including Astute Finance, Regis Industries, MR Fincap, and IND Corp Securities.
Further, the RBI has restored the certificate of registration of Krishna Capfin on April 17, 2026, after considering the orders passed by the Appellate Authority/Courts, the RBI said in a release.
"The NBFC is advised to adhere to the applicable provisions of the RBI Act, 1934, and guidelines/directions issued by the RBI, including reporting requirements," the release added.
