During the financial year 2021, the number of non banking financial company (NBFC) license registrations and cancellations in India stood at 55 and 44 respectively. The financial year 2019 recorded the highest number of license cancellations or surrenders since 2015. RBI's guidelines for NBFCs allow a minimum net owned fund (NOF) of 20 million to operate.
Number of registrations and cancellations of non banking financial company (NBFC) licenses in India from financial year 2015 to 2021
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Reserve Bank of India. (December 28, 2021). Number of registrations and cancellations of non banking financial company (NBFC) licenses in India from financial year 2015 to 2021 [Graph]. In Statista. Retrieved January 04, 2025, from https://www.statista.com/statistics/1323035/india-registrations-and-cancellations-nbfc-licenses/
Reserve Bank of India. "Number of registrations and cancellations of non banking financial company (NBFC) licenses in India from financial year 2015 to 2021." Chart. December 28, 2021. Statista. Accessed January 04, 2025. https://www.statista.com/statistics/1323035/india-registrations-and-cancellations-nbfc-licenses/
Reserve Bank of India. (2021). Number of registrations and cancellations of non banking financial company (NBFC) licenses in India from financial year 2015 to 2021. Statista. Statista Inc.. Accessed: January 04, 2025. https://www.statista.com/statistics/1323035/india-registrations-and-cancellations-nbfc-licenses/
Reserve Bank of India. "Number of Registrations and Cancellations of Non Banking Financial Company (Nbfc) Licenses in India from Financial Year 2015 to 2021." Statista, Statista Inc., 28 Dec 2021, https://www.statista.com/statistics/1323035/india-registrations-and-cancellations-nbfc-licenses/
Reserve Bank of India, Number of registrations and cancellations of non banking financial company (NBFC) licenses in India from financial year 2015 to 2021 Statista, https://www.statista.com/statistics/1323035/india-registrations-and-cancellations-nbfc-licenses/ (last visited January 04, 2025)
Number of registrations and cancellations of non banking financial company (NBFC) licenses in India from financial year 2015 to 2021 [Graph], Reserve Bank of India, December 28, 2021. [Online]. Available: https://www.statista.com/statistics/1323035/india-registrations-and-cancellations-nbfc-licenses/
