RBI Supercharges CoR Surrender Process for NBFCs and HFCs

Finance

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RBI Supercharges CoR Surrender Process for NBFCs and HFCs

So, the RBI just upgraded its CoR surrender game for NBFCs and HFCs! If you're ready to part ways with your Certificate of Registration, just glide over to the PRAVAAH portal and fill out the new application. But hold your horses—submitting it doesn’t mean you’re off the regulatory hook. Stay compliant until the RBI gives you the official thumbs-up. Keep your paperwork as sharp as your tech skills!