Recently, Reserve Bank of India cancelled the certificate of registrat – InterviewSolution

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1.	Recently, Reserve Bank of India cancelled the certificate of registrations of how many non-banking finance companies (NBFCs)?
Answer» The Reserve Bank of India cancelled the certificate of registrations of as many as 31 non-banking finance companies (NBFCs) for unspecified reasons. A majority 27 of the 31 companies which lost their licences are from Bengal. Bengal is followed by Uttar Pradesh, which has seen four NBFC licence cancellations. A majority of voluntary application for licence cancellation are also from Bengal. This can be seen from the fact that it also cancelled the certificate of registrations of 17 NBFCs following a request by them for the same.

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