Economy, Banking and Finance · 9 January 2026
Reserve Bank of India (RBI) cancels registration of 35 NBFCs and accepts surrender from 16 others.
Exam-focused facts from the 9 January 2026 current affairs briefing.
Key facts
- Reserve Bank of India (RBI) cancelled the Certificate of Registration of 35 NBFCs including Satya Prakash Capital Investment Limited and Sunlife Securities Private Limited for regulatory non-compliance.
- The cancellations were effective between December 9, 2025, and December 31, 2025, under Section 45-IA(6) of the Reserve Bank of India Act, 1934.
- The affected companies are no longer permitted to carry out the business of non-banking financial institutions.
- 16 NBFCs voluntarily surrendered their Certificate of Registration to RBI leading to its cancellation for reasons including exit from NBFC business, meeting criteria for unregistered Core Investment Companies (CICs), and ceasing to be a legal entity due to merger, amalgamation, dissolution, or voluntary strike-off.