During the financial year 2021, the number of non banking financial company (NBFC) license registrations and cancellations in India stood at ** and ** 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 ** million to operate.
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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 ÌÇÐÄÆÆ½â°æ. Retrieved July 25, 2026, from /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. ÌÇÐÄÆÆ½â°æ. Accessed July 25, 2026. /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. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 25, 2026. /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." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 28 Dec 2021, /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 ÌÇÐÄÆÆ½â°æ, /statistics/1323035/india-registrations-and-cancellations-nbfc-licenses/ (last visited July 25, 2026)
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: /statistics/1323035/india-registrations-and-cancellations-nbfc-licenses/