RBI Can Cancel an NBFC Licence — And Many Reasons Are Avoidable
An NBFC licence issued by the Reserve Bank of India (RBI) is not permanent. RBI has the power to cancel or revoke an NBFC’s Certificate of Registration (CoR) if regulatory...
Non-Banking Financial Companies (NBFCs) are essential players in India's financial ecosystem. They provide crucial financial services such as loans, credit facilities, asset financing and investment services, often reaching segments of the popula...