THE Reserve Bank on Friday said nine Non-Banking Financial Companies (NBFCs), including PhonePe Technology Services and Aditya Birla Finance, have surrendered their certificate of registration due to various reasons.

 

In another release, the central bank said it has cancelled certificate of registration (CoR) of 31 NBFCs. Aditya Birla Finance surrendered the certificate after amalgamation with parent company. RBI also said the CoR issued to RBG Leasing and Credit Private Limited and Yashila Investment and Finance Company Private Limited has been restored after considering the orders passed by the Appellate Authority/ Courts.