RBI Announces Surrender of Licences by 15 NBFCs
The Reserve Bank of India (RBI) disclosed on May 10 that 15 non-banking finance companies (NBFCs) have opted to surrender their licenses. This decision stems from various reasons, including business closures and corporate events such as amalgamation, merger, dissolution, or voluntary strike-off. Among these NBFCs, six, namely Vian Growth Capital Pvt Ltd, Drap Leasing and […]