RBI Cancels Registration of 2 NBFCs as 2 Others Exit Business
Moneylife Digital Team 11 November 2025
Two non-banking finance companies (NBFCs) have voluntarily surrendered their registration certificates to the Reserve Bank of India (RBI), while the regulator has cancelled the registration of two other NBFCs. After deciding to exit the business, these two NBFCs surrendered their registration certificates to RBI. 
 
The NBFCs whose registrations have been cancelled by RBI are: Jumbo Finvest (India) Ltd based in Rajasthan and Champion Agro Finance Ltd from Gujarat.
 
Among those that surrendered their licences are: one NBFC from Maharashtra and another from Uttar Pradesh (UP), both opting to close their operations voluntarily.
 
Mumbai-Maharashtra based Parichay Commotrade Pvt Ltd surrendered its registration certificate. RBI issued an order for the cancellation of its registration on 15 October 2025. 
 
Renuka Investments and Finance Limited from UP have surrendered their registration certificate. RBI has issued an order to cancel the registration on 16 October 2025.
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