<h1>RBI Revokes Registration of Three NBFCs in Chandigarh, Ahmedabad, and Thane u/s 45-IA of RBI Act.</h1> The Reserve Bank of India (RBI) has revoked the certificates of registration for three non-banking financial companies (NBFCs) under Section 45-IA (6) of the Reserve Bank of India Act, 1934. The affected companies are based in Chandigarh, Ahmedabad, and Thane. Following the cancellation, these companies are prohibited from conducting any business as non-banking financial institutions as specified under clause (a) of Section 45-I of the RBI Act. The cancellations took effect on various dates in 2016, with the earliest being January 9 and the latest March 28.