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RBI cancels registrations of 150 NBFCs in regulatory crackdown

The central bank issued enforcement action on 150 non-banking financial companies on May 14, while restoring one and accepting surrenders from seven others.

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Finsamudra Desk

15 May 2026, 1:30 pm IST · 1 min read

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󠁯•󠁏The Reserve Bank of India issued a press release on May 14, 2026, stating that it has cancelled the Certificate of Registration of 150 NBFCs.
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The Reserve Bank of India announced on May 14, 2026, that it had cancelled the Certificate of Registration held by 150 NBFCs. The action underscores RBI's ongoing supervisory focus on entities operating in the non-bank lending space.

On the same day, RBI also issued updates on restoration of registration for one NBFC and acceptance of voluntary surrender of registration by seven NBFCs. These parallel actions reflect routine registration lifecycle management alongside enforcement.

The cancellations and status changes are part of RBI's broader monitoring of NBFC compliance with regulatory requirements. The central bank referred stakeholders to its official press release for the complete entity-level details and specific regulatory grounds.

For DSAs, lenders, and loan distribution networks, NBFC registration status directly affects partner ecosystem stability. Cancelled registrations remove entities from the active lending landscape, while surrenders typically reflect voluntary exit decisions.

Sources

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