L&T Finance, L&T Infra Credit, and five other non-banking financial companies (NBFCs) have surrendered their certificates of registration to the Reserve Bank of India. Following this, the central bank cancelled their Certificate of Registration (CoR) as they ceased to be a legal entity after amalgamation, merger, dissolution or voluntary strike-off.
The other 5 NBFCs which surrendered their CoR are Marudhar Food & Credit, Creative Intra, Jinvani Trading & Investment, Manjushree Fincap, and Shruti Financial Services