RBI cancels registrations of 150 NBFCs across India
15 May 2026, 06:21 PMA majority of the affected entities were registered in West Bengal and Delhi.
Share the story on
The Reserve Bank of India (RBI) has cancelled the Certificates of Registration (CoR) of 150 non-banking financial companies (NBFCs), preventing them from continuing their operations.
The action was taken under Section 45-IA (6) of the Act during the period between April 6 and April 21, 2026.
A majority of the affected entities were registered in West Bengal and Delhi. Out of the 150 firms, 75 were based in West Bengal while 67 operated from Delhi. The remaining companies belonged to states including Telangana, Bihar, Madhya Pradesh, Tamil Nadu and Haryana.
Following the RBI’s order, these companies are no longer permitted to carry out any business classified as a non-banking financial activity. The cancelled firms include companies involved in finance, leasing, investment, securities, fincap and portfolio management businesses.
Some of the companies whose licences were cancelled include Akin Vincom Pvt Ltd, Sukanya Trading & Finance Pvt Ltd, Akansha Credit Capital Pvt Ltd, Astonish Financers Pvt Ltd, Blue Diamond Securities & Finance Ltd, Crescent Leasing Limited, Goal Securities and Credits Limited, Dalmia Housing Finance Ltd, Finmax Credit & Finance Pvt Ltd, Layman Finance Ltd, Libra Leasing Ltd, Peak Securities Pvt Ltd and Kallarakkal Fincorp Pvt Ltd.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
