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RBI Cancels Registration of 2 NBFCs, While 4 NBFCs and 2 HFCs, Including HDFC Surrender Certificates

As many as four non-banking financial companies (NBFCs) and two housing finance company (HFC) have surrendered their certificates of registration (CoR)to Reserve Bank of India (RBI) for various reasons. Separately, RBI has cancelled the registration of two NBFCs, New Delhi-based Todays Holdings Pvt Ltd and Tamil Nadu-based Integrated Finance Co Ltd. Following its merger with HDFC Bank, Housing Development Finance Corp Ltd (HDFC) surrendered its registration as HFC. ....

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RBI cancels certificate of registration of 2 NBFCs

Housing Development Finance Corporation (HDFC), which has merged with HDFC Bank, and another housing finance company gave up their licences ....

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