• Source:PTI
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NBFC Certificate Transfer: The Reserve Bank of India (RBI) stated on Friday that 15 NBFCs, including Tata Capital Financial Services and Revolving Investments, have surrendered their registration certificates for a variety of reasons. Nine non-banking financial companies (NBFCs) have ceased to be legal entities due to amalgamation, merger, dissolution, or voluntary strike.

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These include Tata Capital Financial Services, Tata Cleantech Capital, Naperol Investments, USG Financial Services, Urja Capital, Vandana Dealers, ABRN Finance, Jodhani Management, and JDS Securities. RBI further stated that six NBFCs surrendered their registration certificates after exiting the non-banking financial institution (NBFI) business.

Viaan Growth Capital, Drape Leasing and Finance, Jewel Strips, Revolving Investments, Anshu Leasing, and AVB Finance were the companies that did this. The RBI granted them their registration certificates.

(With PTI's Input)

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