New Delhi, May 14 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of 150 Non-Banking Financial Companies (NBFCs), with the highest number of affected firms registered in Delhi and West Bengal, according to a central bank release issued on Thursday.

An analysis of the RBI list showed that around 67 of the NBFCs were registered in Delhi, while about 75 companies were registered in West Bengal, particularly in Kolkata and nearby regions.

"The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies," the RBI said in its press release.

The cancelled entities incl...