RBI has cancelled the certificates of registration of 35 Non-Banking Financial Companies for non-compliance with regulatory requirements.

BS News Agency: RBI has cancelled the certificates of registration of 35 Non-Banking Financial Companies for non-compliance with regulatory requirements. 

🔹The central bank said that these companies are no longer permitted to carry out the business of non-banking financial institutions. 

🔹RBI has advised the public to verify the regulatory status of financial entities before undertaking any financial transactions.