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RBI cancels CIC registrations for two firms after surrender requests and merger-linked legal changes

Economy
Published on 14 May 2026
RBI cancels CIC registrations for two firms after surrender requests and merger-linked legal changes

RBI says surrendered CIC status can qualify as unregistered

The Reserve Bank of India has cancelled the certificates of registration of two core investment companies after they requested surrender, including RR Holdings and Anjali Capfin. RBI said the cancellations fit criteria for unregistered CICs that need no fresh registration. Separately, it cancelled HDFC Holdings’ CoR because the NBFC ceased to exist as a legal entity after amalgamation or merger, linked to HDFC Bank’s consolidation with HDFC Ltd. RBI also reported CoR surrenders by four other NBFCs and cancelled 150 registrations overall.

  • RBI cancelled CoR for two CICs: RR Holdings and Anjali Capfin
  • RBI cited criteria for unregistered CICs that do not require registration
  • HDFC Holdings’ CoR was cancelled after merger removed its legal entity status
  • Four NBFCs surrendered CoR after exiting the NBFI business
  • RBI cancelled CoR for 150 NBFCs including Astute Finance and Regis Industries
  • Krishna Capfin’s CoR was restored on April 17, 2026 after appellate orders
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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