The RBI on Tuesday said nine NBFCs have surrendered their certificate of registration.
Of these, five NBFCs have surrendered their CoR as they have exited from the NBFC business. These NBFCs are Vigfin Holdings, Strip Commodeal, Allium Finance, Eternite Finvest, and Fino Finance.
Three NBFCs, Allegro Holdings, Temple Trees Impex and Investment, and Hem Financial Services, have surrendered their certificates after meeting the criteria for unregistered Core Investment Company that do not require registration. Ujjivan Financial Services Ltd surrendered the CoR as it ceased to be a legal entity due to amalgamation.
