<h1>RBI Cancels Registration of 115 NBFCs for Supervisory Concerns and Voluntary Surrenders from April to November 2016.</h1> The Reserve Bank of India (RBI) has canceled the registration of 44 non-banking financial companies (NBFCs) due to supervisory concerns and 71 on voluntary grounds from April 1 to November 18, 2016. NBFCs may voluntarily surrender their Certificate of Registration (CoR) if they wish to engage in non-financial business or merge with another company. The RBI revokes CoRs on supervisory grounds if NBFCs fail to comply with the conditions despite opportunities to rectify issues. This ensures NBFCs operate healthily and adhere to regulations, strengthening the sector. This information was provided by a government official in response to a parliamentary question.