Mumbai, June 10 -- The Reserve Bank of India (RBI) has cancelled the Certificates of Registration (CoR) of 135 Non-Banking Financial Companies (NBFCs), with a large number of the affected entities registered in Kolkata and other parts of West Bengal.

In a press release issued on June 10, the central bank said it had cancelled the registrations under powers conferred by Section 45-IA (6) of the Reserve Bank of India Act, 1934. The action covers NBFCs across multiple states, although a majority of the companies listed are based in Kolkata and neighbouring areas of West Bengal.

The list includes firms such as Akshay Fiscal Services Ltd, Alfa Tie-Up Private Limited, Arihant Enterprises Ltd, Destiny International Limited, Eastern Synthetics ...