Cancellation of Certificate of Registration of NBFC
Case Brief
The Reserve Bank of India has cancelled the Certificate of Registration of an NBFC under Section 45-IA(6) of the RBI Act, 1934. The release is brief and does not name the company or specify any underlying conduct, but the action itself is a full licence-style cancellation.
The Reserve Bank of India exercised its powers under Section 45-IA(6) of the Reserve Bank of India Act, 1934 to cancel the Certificate of Registration of the company. The release does not provide the company name or additional factual details beyond the cancellation action and statutory basis.
Severity Assessment
Cancellation of a Certificate of Registration is a severity 5 licensing action.
The affected NBFC can no longer operate as a registered NBFC. The cancellation has immediate adverse regulatory impact on the entity; the release does not state any specific deadline or additional obligations.
RegOversight structures the official RBI release for search and analysis. Use the linked release as the authoritative source.
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