Number of registrations and cancellations of NBFC licenses India FY 2015-2021

Published by Statista Research Department, Nov 20, 2023
During the financial year 2021, the number of non banking financial company (NBFC) license registrations and cancellations in India stood at 55 and 44 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 20 million to operate.

Number of registrations and cancellations of non banking financial company (NBFC) licenses in India from financial year 2015 to 2021

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Release date

December 2021

Region

India

Survey time period

FY 2015 to FY 2021

Special properties

provisional data

Supplementary notes

NBFC stands for non banking financial corporation.

India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.

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Overview

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Key figures

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Borrowings and credits

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Major players

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