RBI accepts two core investment companies' applications for surrendering registration
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The Reserve Bank of India (RBI) has accepted the surrender of registration applications from two core investment companies (CICs), RR Holdings and Anjali Capfin, and cancelled their certificates of registration. The RBI stated that the cancellation meets the criteria for unregistered CICs. Additionally, HDFC Holdings' CoR was cancelled due to its merger with HDFC Ltd. The RBI also reported that 150 other NBFCs had their registrations cancelled, while Krishna Capfin's registration was restored after a court order.
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