Finance
DoggfatherRBI Cancels CoRs for 7 NBFCs, Smooth Moves in the Game
Yo, listen up! Seven NBFCs just threw in the towel and surrendered their CoRs to the RBI, making some smooth moves outta the game. Guru Kripa, Gajraj, Ashok, and Purvanchal are done, while RR Holdings and Anjali Capfin slid into the unregistered lane. HDFC Holdings? They disappeared due to some legal mix-up. RBI also canceled 150 more CoRs but brought back Krishna Capfin, fo' shizzle!
few days ago | BS Reporter
Quick rundown
1.Seven NBFCs surrendered their registration to the RBI.
2.RBI cancelled the registrations of these financial entities.
3.HDFC Holdings' registration was cancelled due to legal restructuring.
4.150 NBFCs had their CoRs cancelled by RBI independently.
5.Krishna Capfin's registration was restored by the RBI.
