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The Reserve Bank of India has revoked the Certificates of Registration of 35 non-banking financial companies after they failed to meet mandatory regulatory standards. The cancellations, carried out between December 9 and December 31, 2025, were executed under the RBI Act, 1934. As a result, these entities are no longer authorised to operate as NBFCs, reinforcing the central bank’s focus on financi
TCI Finance, an NBFC, recorded a sharp rise in December, with the stock up 144% over ten trading days as retail investors led the rally. The surge followed circuit limit movements and strong liquidity, highlighting appetite for small-cap NBFCs in Indian markets.
RBI revoked registration certificates of four NBFCs – three from West Bengal (Gem Investments, Vistar Financiers, Ambica Barter) and one from Chandigarh (Shri Lakhavi Financial). Four others voluntarily surrendered licences due to business exit, CIC status or merger/dissolution. Additionally, RBI imposed ₹13,000 penalty on Odisha-based Co-operative Urban Bank, Parlakhemundi for regulatory violatio
