ii) Due to meeting the criteria prescribed for being classified as unregistered Core Investment Company (CIC) that do not require registration under Section 45IA of the RBI Act
GK and monthly revision
10 NBFCs surrender their Certificates of Registration to the RBI
The following ten Non-Banking Financial Companies (NBFCs) have surrendered their Certificates of Registration (CoRs) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934 (‘the RBI Act), has therefore cancelled these CoRs.
Source: Reserve Bank of India (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
iii) Due to meeting the criteria prescribed for being classified as unregistered Type I NBFCs that do not require registration under Section 45IA of the RBI Act
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Note which exams each story matters for, and revise it again in the week before that exam.