Seven NBFCs surrender their Certificate of Registration to RBI:

Seven NBFCs surrender their Certificate of Registration to RBI The Seven Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). Hence RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. The names of the Seven Companies who surrendered their Certificate of Registration are L&T Finance Limited, L&T Infra Credit Limited, Marudhar Food and Credit Ltd, Creative Intra Limited, Jinvani Trading and Investment Company Pvt Ltd, Manjushree Fincap Private Limited and Shruti Financial Services Private Limited. i) Due to NBFC ceasing to be a legal entity after amalgamation/merger/dissolution/ voluntary strike-off, etc.: