RBI Cancels 150 NBFC Licenses in 2026 Crackdown: New Rules, Affected States & Full List Explained
In one of the biggest regulatory actions in recent years, the Reserve Bank of India (RBI) cancelled the Certificates of Registration (CoR) of 150 Non Banking Financial Companies (NBFCs) on May 14, 2026, under Section 45 IA(6) of the RBI Act, 1934. The large scale enforcement action has triggered widespread discussion across the financial and … Read more