Nine NBFCs give up certificate of registration – Times of India

MUMBAI: RBI on Tuesday said nine NBFCs, including Ujjivan Financial Services, have surrendered their certificate of registration to RBI.
Of these, five NBFCs have surrendered their CoR as they have exited from the non-banking financial institution business. RBI said three NBFCs – Allegro Holdings, Temple Trees Impex and Investment, and Hem Financial Services – have surrendered their certificates after meeting the criteria prescribed for unregistered core investment company that do not require registration.