{"id":44897,"date":"2026-01-13T22:21:35","date_gmt":"2026-01-13T16:51:35","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=44897"},"modified":"2026-01-13T22:21:37","modified_gmt":"2026-01-13T16:51:37","slug":"rbi-cancels-nbfc-registration","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/","title":{"rendered":"RBI Cancels NBFC Registration: 35 NBFCs Deregistered for Non-Compliance"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#RBI_cancels_NBFC_registration_of_35_companies_due_to_regulatory_non-compliance_under_Section_45-IA_of_the_RBI_Act_ensuring_financial_sector_stability_in_India\" >RBI cancels NBFC registration of 35 companies due to regulatory non-compliance under Section 45-IA of the RBI Act, ensuring financial sector stability in India.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#RBI_Cancels_Certificates_of_Registration_of_35_NBFCs_for_Regulatory_Non-Compliance\" >RBI Cancels Certificates of Registration of 35 NBFCs for Regulatory Non-Compliance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#Key_Features_of_the_Cancellation\" >Key Features of the Cancellation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#Why_This_News_is_Important_for_Competitive_Exams\" >Why This News is Important for Competitive Exams<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#Regulatory_Enforcement_in_Indian_Financial_Sector\" >Regulatory Enforcement in Indian Financial Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#Maintaining_Financial_Sector_Stability\" >Maintaining Financial Sector Stability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#Impact_on_NBFC_Sector_and_Credit_Markets\" >Impact on NBFC Sector and Credit Markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#Legislative_and_Legal_Understanding\" >Legislative and Legal Understanding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#Historical_Context_Background_of_RBIs_Regulatory_Powers_on_NBFCs\" >Historical Context: Background of RBI\u2019s Regulatory Powers on NBFCs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#Key_Takeaways_from_RBI_Cancelling_NBFC_Registrations\" >Key Takeaways from RBI Cancelling NBFC Registrations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#FAQs_Frequently_Asked_Questions\" >FAQs: Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#1_What_is_the_Reserve_Bank_of_India_RBI\" >1. What is the Reserve Bank of India (RBI)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#2_What_is_an_NBFC\" >2. What is an NBFC?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#3_Why_did_the_RBI_cancel_the_Certificates_of_Registration_of_35_NBFCs\" >3. Why did the RBI cancel the Certificates of Registration of 35 NBFCs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#4_What_is_Section_45-IA_of_the_RBI_Act_1934\" >4. What is Section 45-IA of the RBI Act, 1934?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#5_How_many_NBFCs_voluntarily_surrendered_their_registration_along_with_the_cancellations\" >5. How many NBFCs voluntarily surrendered their registration along with the cancellations?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#6_What_are_the_consequences_for_NBFCs_after_CoR_cancellation\" >6. What are the consequences for NBFCs after CoR cancellation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#7_Why_is_this_news_important_for_competitive_exams\" >7. Why is this news important for competitive exams?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#8_What_is_the_difference_between_NBFCs_and_banks\" >8. What is the difference between NBFCs and banks?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-cancels-nbfc-registration\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_cancels_NBFC_registration_of_35_companies_due_to_regulatory_non-compliance_under_Section_45-IA_of_the_RBI_Act_ensuring_financial_sector_stability_in_India\"><\/span>RBI cancels NBFC registration of 35 companies due to regulatory non-compliance under Section 45-IA of the RBI Act, ensuring financial sector stability in India.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_Cancels_Certificates_of_Registration_of_35_NBFCs_for_Regulatory_Non-Compliance\"><\/span>RBI Cancels Certificates of Registration of 35 NBFCs for Regulatory Non-Compliance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In a significant regulatory action aimed at strengthening India\u2019s financial sector, the <strong>Reserve Bank of India (RBI)<\/strong> has cancelled the <strong>Certificates of Registration (CoR)<\/strong> of <strong>35 Non-Banking Financial Companies (NBFCs)<\/strong> for failing to comply with essential regulatory norms. This move forms part of the central bank\u2019s ongoing supervision and enforcement program to ensure that all financial intermediaries operate within the legal and prudential framework established by the RBI Act, 1934.<\/p>\n\n\n\n<p>The cancellations were carried out under <strong>Section 45-IA(6)<\/strong> of the RBI Act, 1934, a provision that empowers the central bank to revoke registration when an NBFC fails to meet the statutory conditions required to operate in the market. These actions were executed through multiple orders issued between <strong>December 9 and December 31, 2025<\/strong>. Once the registration is revoked, the affected companies are <strong>prohibited<\/strong> from conducting any non-banking financial activities, including lending, investment operations, and financial intermediation, as defined in the RBI Act.<\/p>\n\n\n\n<p>The RBI\u2019s decision reflects its zero-tolerance stance toward regulatory violations and its commitment to maintaining the integrity of India\u2019s financial system. Many of the cancelled NBFCs were found to have repeatedly failed in meeting mandatory compliance requirements, prudential norms, reporting obligations, and eligibility criteria necessary to hold a valid CoR.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Features_of_the_Cancellation\"><\/span>Key Features of the Cancellation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Regulatory Framework Used:<\/strong> RBI acted under the RBI Act, 1934, highlighting the legal basis for scrutiny and enforcement in the non-banking sector.<br><strong>Number of Entities Affected:<\/strong> 35 NBFCs had their CoRs cancelled due to non-compliance.<br><strong>Effective Dates:<\/strong> The cancellations were notified across different dates from <strong>December 9-31, 2025<\/strong>.<br><strong>Operational Impact:<\/strong> Cancelled NBFCs are barred from conducting NBFI business indefinitely.<\/p>\n\n\n\n<p>Moreover, alongside these cancellations, <strong>16 other NBFCs voluntarily surrendered<\/strong> their registrations to the RBI, bringing the total number of exited entities to <strong>51<\/strong>. Some of these voluntary exits occurred due to business shut-downs, strategic restructuring, or reclassification as different registered entities like certain Core Investment Companies (CICs).<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\" id=\"RBI-cancels-NBFC-registration\"><img decoding=\"async\" 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MO8grALg0xCkEZjpsehyI6QTua2kqlWeYypOJTJUBhExYwoUtLgLCVYSxO9YGbE+K4aSJjnv3djbJaVyZyUCYETJdJE0miQa\/08\/eWp2r+Q8R6DYLxE9AmpRhIOCbLP5pM0HvJNMjoYx9\/XTKMrFLmS1qT3VJlnGhDJdUvGS9GUpAI\/KFBzhER+jl9dkrtVlwkJlWkevIPdlT\/AN8tTJJ2KdzFEkpLnEti+L4s3kyYrpRvmPVgJaJpAUVu4yPkQcmICSUnvc0qDkRwQYhtFklqBTTLcUoeeIy+R48c0dmjHkcGCLptilihav8AEbC77ECl1gKSRqBGPn3cuSPwy6dnH0MGfRe8lKSqVMVhAyfPmOf5OL0saS0aYtS9xmr8mplzloR+V6CK6LWaACCN83d\/2h6qD5xdkWWWk4lZAZRVFJ7WzDNPk2yKyBMtHaEFvPMBL2WpbrRicc+dovWy98UpUsDuuz+OcD5trwoITqI1Qnx7K5NIO+icxSpZUalox19WoieraNr6KpIlK6RhfSKQVTVEeMa8rTiimO2U7deqlEDaK9ptJUkFsos2C6u0USNBWFRJLLSACBnGZQiwu0CxNJrD0PDUJbwhgXm0XrGkKey4g39uDvFG9FgJelFoOjsFjmLNnmFvDnbrA70inEJUNGfXRjvGzlTNTegqhfJbx3\/dDSMg59+jH2uIRBIGRy544h6alg79DudxAHFWvNj8eh3hxmeQ+555iNSC1Pd4dOISuzZ08QXygkJ8xVw4526xyXBdjnTOtRzDQD4imvI9WOctUB+nD+rxEAO0ND8eRDFZZP7+DtDiD8dudsPMMWnus4GuQ2\/bEIRWdT2iUkigUVHZkBS9h6ojz68Z5VKkk5zDOnK\/ctZR8pXxjcWcH+oG5lz8gM+zVxyYwVrPcsxdh2OeeU2c9NYsxfn\/AH9lWbojss3s8M2XNWiclRAwghkkVIW7VLgpbmIiXqcznGhvK9rPMQtlS1rwlLqs6Zc1cwrBExKpfdCMDhicXvin6KSLOu0JTaV4UAEsz4zoDw5yGcWLKlFzaoqcG2opg6x2aZNWESkqUvQJd+tMhzElnlykv2vaBaSRgSMJcbrP5S7hmj2K751nlJAwJADVKESyRo+EDPY1ia2+jlitDrVJQoqqVh0rJ5Uli8ZP8+Enta\/2Xrxmvk8ruS2J7RElCFgTChOEqxIcmows4AJ7pDEEYuI2fpJYUSJbTVoTLJLIc45gHZ4UBiHSOzBIBDskOKuTsPoLZZc1E6WqYkoLhJIUl2I2fXeIfTL0VmWxUspmoTgCgygpi+HZ2yimcscsi4ukWx5qDtbMJabcJjJTajLSAQlKZeCXhw4skqcOcWbkK6xSm2ufJLqXiBCw6S6VYgHrqxwqYjM5MY0av8M7VpMkHxWP\/pDB\/hzbGwiZIZ3w41M+T1Rm0al6K7kmUt5PpoGWmYi1BZSAJuYo2JKUJJTUshmUAAwLRnjB68fRi2WU41yiySDjQcSaEGpTUBwM2gNaJuJRUwGIksKAPsI1YVWk7RRkd7emWZNpmzEJs5nAS3xALISkEBRAxs+qmBLOqIbDNEuYlSwezU6JnMpXdX7nfqkR1hmy0rSqbLVMQHdCThJoWrs7OHHURcvu8ZdoCShTBACRJ7JMsIcd8pKSp0lQepJGKJKk+KWmBbXK+jb+j9qV\/TBCz+JZlqsyzvhrLLvkU0fiCYVoR8c6l\/1cxm\/RGdiXNSS\/bWWTN\/zyj2Sz1LGNEpZp9QeIxLTaNkdokyp5y6wLXYVLmOKB4JoSaOPgeeIo3leIkppmfn7oyebjlOFIDlWy3bZXZSsTOBGKvi+CogAUjVWG1qmyFIWnN+jaHKBVouOXgd8hvq3SM+Px3CFCTm5q0Ze22gBLCBk29NBHWpCjMUE1ECW77cw2PEm7ZRZ656Jr\/wCzlR2jF3\/acJVuTG09G6WQniPNL5WpU1VKPGrJBSqwRdCSb0UkEJLExSk21ScQf80TrslMQ8Y633KpKO0gxgktDRXJlTGU55HWFlJBDiGKsyzLfSCdxrliV3hVyYiiu2xqR6KmcygnZhl1HqxBeaMWLlJHw6RDeBAmDL4b6e+LVgUFKqQ3h9YZvaQ0nbouSF9xJYVSD70\/tiZIBDuPBtx7MD5IIlytWSkfTeHTZrJAB5z4HMWFtl6XLT8eORtERVVvoNunEUxalBz9t+sTWIuXp5B5iWSy+GfTPh8xHAiuvu2PMQoWAfPB0VFjtSfPJ9rmJYbGoXXTLVhtzD5h0p8NyM36RCFfLc7fu4iTM1qc8zuOeYYgOlWjDaZCjljCTlksYD+o+t8IxF62cplJl5GTNnyCeiu0T7+0X7o2V8JKkEB30Z+W16QHv5HaqMwClsliYkbWqSCmajqU4+pUIMZVOxMkbiQTL5mzipCZa1oUmae7Jl4iFJASDhQCEy1gHHiJLl8w2dSSCFJLKSQQdiMjBq5LbNUlUqVIXNmYEywpKiyZfadrVIDg4gRicBjxFS+LFMlzCZgQCsqUQghSUqfvy3BLKSTUOWcRdjSTcK\/6UztpSEF9WlyTMCnoxFPcI23+HdutCkrUyVpCglSQcJyfEHpvrpHnjx6V\/hXZVplzpikkJUUsVAgEAElQJzFRWM3mYMccdxVMuwZZuVN6NZZ7yQCQosUUViYEA\/lNCxB3EXJ9oAZeIFJ1HweM7YSi3Yp8sYQhSkSjosJzKhlhJcCAv+JNqnSRZih0uF4jWpGHC7asSffHMhinKXBdmuUoxXJm8l3gj1h74GW69zKmEKSSgsQpNQknRewf5x5Aq+rQf1gHgOfiTHrdzT0GwpmzkJQkoxKChR6uSVZuz1rWLMvjZcaXL5FhlhLou2+1GZZZ3ZKHaoQopbMLAxJ+nvjyuSqXeCVBMtMq2JBUyaItAFSwFBM5Geu8EvQi+1qtgT2asKiQkuThT6qzkWESTfR6ZKvTtUI7GzypgWZh7ssIwgqCSTV3IYRpwKWO1LUlv\/hVkqVVtMyV0pmGdKEo4ZhWkJLOxJZyGqz7RfvWYtUtX465iUqSFJm2dMhYJxYFJwjvJLKFS4o4hqJJtFqnKkonFJVMWOxYKSCVYS6lJCRWrkUeG3wuYhIlG2f1CCysPaGYZag9FVUEnvGiVER0HLlkRkSqLDXocPxZP\/o7SPDtZhHyjUyQcIoCW42\/bxGb9GJbTVnLsLCEnhc0iYx\/9xQ8I0tmUwDFtM9Kj1ozP8maIfiWsTgZeAG8Z6+bATNSvNI6QcVPYO\/xGz+txFC8r3QlLA4vPWKM+SEV7gya+SxItCSMIIAaMZfl94AqUmpdn0iGbOmKJIcJL5RHeN1oTLEwnXL41jDG5y5Fc9KyldyuyBmKqSIBoGKYpW5i9OnuH\/TFKVNGKNcFXRQ+j1W6EtYvCMdYpclcuapahjSosONI213f7CP2x5AJzTVHk\/OLpq0RBeapQcoS4zIg7MvGXPsxllOFQGdaHo8Z+6b2ViJOW0XLfPE04UUPmkIpcVsvhSRDdjLkqlFgQ9YByxhdJ0JEOQtSFKSCYprWpy8G1LojVnpN5ze9545i9chGIl\/PviO\/7LhU42iP0cXVvf5aBd0xLuYcu1JwNsVD3KI3irNQSojPTXkbxZlLw4wNFq++3MMkd5XnfpEjlTbQ\/LZUtkl2Z\/jwdYu3cjCnx53\/AJis\/ewnzTpBOUhgft04i1MK7B15z2ZP32i1dwLPoeu44gLeMzFMbn6kbQbsqQEAEabDYezxCx3KyRdyZaEuvnkbQ2ZLIBLeWB9XiHpAerZnbfpzFW8J7Jb3mmTHiLJOlZY3RXmgGhGv1\/bzAT+mKguyYsC1KE6yrywWhOSXIyWA3URbTa8S6Mw6cRJet39ogNRQYgijEEsQX6RTjnzQsZWY+erCrtkoZK8cubKcpwLymyS1U1ZSeMOxi9Iu5cyWZk+cEpWcaAGmLWtTSxMKUB0ywcKVKo2zxctI7cLnBGKcEgWuSlgZyE\/ltMn\/AIqcyOuhLhZc+ZZ0qMmZ3JwGGah0qISrEyVAugvRSP4fVFuS9vZVKPHvoSyWhNmnKFokCbhxJMslgFAty+RjTJ\/xHlf+UWzMwnLwtk2FmZtICqsSDZpS5ikhUyZMWqYokrSgMgJCR3lqJSpTMfB4EKsxCcYBKHKQtiEk5tXIsQWO8GWKGV3IkcksapG1l\/4kyUyxKTYcKBklK2A6MmmcVbZ6c2aakIm2FS0guAqasscnFOsY9KYcUwV4cE72H\/Jl1SNRZPSqwS1iYi71BScvxVEbZEQQtv8AiRZ5qFSplkmqQrNJmqbN9njDYYXAIL8SLdtsC8hrpI2Vi9P7LJThlWObLGuCaoO+b0rkPdAv0o9Jk23AUomSwgEEKWVBRzBL6ivw2gEiW5AAcksAMydAIOXXZEyVY57BOLAJqSiaiTN1E1KScKmBAJok1YtCvDjxvn2yerKa4\/BSsQkqCUKXMkzcRwzQ5l1YJSrB3kN64f8AMXyiWWgzpwRNWFolg41gCspBKlqcAYiRQE1LpireNlVLmKlqSygWZ0qNcg6aHTKDd13RiUbMThFF2uZpKlJqJT+s9T7WEfpMWyaj7rK0m9B64Ar+nVNUwmWyaZhG0pL4BnliKm4aCvaka867g54uYr2dRmKK8JQjupQivclpogMBsfeYnKHGu2R26cRlX2a1pULMViSBVj15EDl3Ti\/mL8oCj03ccg+rzHWhSUpJVUf3Hqxkz+LHI+TYsop7MzeSFWdJKqpMY+3W1c4sHwpzjTz5C7YsioQHbyBFu7PR1MpMzFmcnHgcxBhjroqpyf6MDa7S4wiJbHd6sOPSGz7O01SRWsWu3UkBGkRPi0hGrVnpth\/2Eftjxa2K76v3H5x7TYP9hT+2PGrZIImKB3Pzi+TAg3dtxrMoTE61iMSiFahTtGw9BwewwqAbT4xfnXHKUvGOunB35hHCy7hrRib3u7AkKyPdJ6Fx9IAWogqLR6b6QXb2gKB\/uy2X6T19qPNsOElKswSIHBxJVHrF6yHx08v05gHchwzm3gwbTiQpW\/TjmAt3TALQOsZpT9kWiqSppmqvCz4Qo7n6CBFnn99oO3xNBA5aMh27ToyKfvbCXp88CaOsG581kEvpxt14jNXgg9olXPnWDs6Z+EGybfqN46kOixPsC3f352hr9esaogCn25G8Zy5UkTCfPzjSzD3nrVt9+vMPjJidkSVFyX+PAPrQF9JbW1AfL9eYNpyzry+TEb8Rk7yHaTGGXjxAzuoByvRYuOQSHPPy68RpFtv0ryDvFW7rOEpANPfyNuYntRwoJzpzsOOIGCHGNsMFSM5edlIWJkpRRMQRhUDV6jfLRopiWmeVdmlCJ6qzbMo4ZNoPryFf91O81glZVFS\/H6g7cw2+rAhVOlQ+ddfCG5L8rJyTWzMTbtYq7MKdP55ag05G+JP6h7Qp0i1PvgGVLRK\/DEsNgOIlRU\/alTfhzAru\/mAKcLDOlq02hdE2mWqclP5JqSUz5e2FeueRjhYe2rKVLtXskiRax1B7k08wyzptKQij3xBlz2FMztSskJlyitwpKe86UoTiX3e8VNUiLAuFRtK7OFp7hCcaqDESAlBZ+8VHDtQnIRHMQZJKROm2Ylnlz0Klgtk5ZUtddTHE2tTlE3EVLxlcuagqUpm7ykKcjg5PGl5G23Fr9C8UltEN33YqcJgSoBaMPcVQqJdkpOWLukMWqw1i5d10y1WhUiYtQ7gWkthxBkrUCC6gezKiBm6WpEU+XalmcoyB+MxWySADixujvd04g+sJP\/qMaZs2ciXMSABMVNlpWwDAliVEtR2eI5Sd+5AUV9EVtkKlLTNltgKscmYg4kEAulicyCKg1cF4kVazOMxEqzhK55TjCCVBWElXdQR3BiJOZauQjrDd6ZivwxOtStpKCEPmcU6YKAnZOsFpljTLGC0TEy0n\/wALZTjmr2E6cdOpbiBLJFVe2NGEm3XRVue7lFZTIKVTQ5mTiR2NmGqgvJUz2sho5qNDY5SAgSLOT2QLrWaKtC\/WOfcFWHjFOWVTUCWEpkyB+WSj8pO8xRqtVOkHLPJSkBNHcZNuPoYpbcnbLoxUSRAIFABSlBnQ7Q5GxGvDOCQdI5qNn1IpQga8CFWTQg59OD60EYakpArnyANMvhEd5y8QwuKlqMNR94nIpWv9yPW5iBQJzJAIfM7D2uIDINstlTLQEjxIapYjfiKd+WgolqKS9D10O8FUrO7j7H93MVbTISoYakeO3XiFa1SBWqR5pZrKpRxNUmDV6WBMqQnLEenHMHrzkJlIdIZuvH3jE3heZmKwku0Z4xqWzPL2po9Lu1D2JPSPP7wucqWFJq5L+Xj0G7UvYkj2YD3Td8wIxVd\/dUj6xoe9Bxq0WrlVhQEAMQ2vI9rmCAJzJ0yfhvW4gFbpsxJS48fCLFnXPmcDfz1iJ\/Boojva0mVORMJcd8MTuATq\/wDaMVfNilrmqWk0Ux1ja2y70\/h4y\/fSD4gp+ZgdbvR3vd12bn7QWyUW7rmvKIimqzEHGNDEN2TMJI86wSss0YFA7mORF+xIyy6RIi2laRwIFEfjA8xHd1qqpPJhhtY7TxjMrU2S7QbvPNJGw+XSLUxYKAB5r0gXec8YUmlANo6RaXAEdN5KSBkk+kHrvkhn868RdUPr9D6sVbuSML0+G\/8AMWEAZBv+nY\/aNWJ3Gy7EqRBeJwpNPIUeOYz12y8cwln89IM3zPDNpXbgxQuFHef7RXmkuSQk9yRoUo46FuUn1YHX1PwpYP7uo2i+oMCXGXG3XiMr6Q2kuwL\/AN4fNLjAsm6Q6wTWds\/7cRYbEa5D79IpXMknOC6pGg+nB3jGk5Io2yKRZgrPXLih4iraPRxD0A3ejv3TmB1g7YpLK6NtueYnmlIqSa00268RuhClRfHRmCm1yhhRaCpOiJrTEs+XfBpFFYUqsyxWRfIRgJ\/5VCNFbLRVtB\/HMdZRQn3DxbeJwj8Dc2zKS5Uok\/8A8+Qeq5gG2p5i5KWqWxl2Kxy3ID4MZDlh+YmCsuV3tuj\/AHi5bJYEtRbKv\/KQrfrDcF\/WNyB85FpmsmbaFYT+hOGWjXRBHETWG6kIDANR6a5c8QUUmorkT9DvzDgkuNacjfmIopdBuyNMoJp7g\/P7tjEqFOCzv1O3XcCFLtkTmcydjrEYlkkl8qMxpU8cwWAlzHj7W4O\/tGHqFBmWbfkb8RBjIBfPQNxT9PESBb1wkV+v7eYJB4Wcw5HjwfrHKBVSoNN6ZjaI5CdNW+hHq8QqlDEXDZVIDZg+rzAIPKTq+T5HYHbiIZiO8KHPOrCpG3MIpQdnD+Gyh6sQznAJ0AJyHBzaIyGW9OLxIaXic6+4cDaMdZUuqCPpHNMycTzE112PD3jGXl7rMc3bPUvR+VisqE8QPQoyqHJ\/sdoM+jyfwU9IDWyclJwkOPDkRol9mnx1os2iUJiCB4U6ilIoXbPwhSFGqRTy3ETma0slI6GmdDF+57nScMxZcs5+MYvJ8pYqZsxw5WgJeKiQFBnGE+5Y4goiSkjvYQXL7Zk0cRb9JLtQZDykd+o7orWAFnQpeJRJBfcbDeLPH8lZo2hZYqZkBaWW8ErFNxO2sZmZMgtcU\/J4xxVM5Se6KFptPZzjzEsiZiUDFH0lUO0BEWLkGKDliq5IjtOg1b5hUmOu81aKtoWxaHSJrKEUym3EPybizrIAbJvtzFgTqbV3O59rmKNimYkDz9IcfuflxGjx8rTUS6MgffE05Ppzs28WrhTQfzAe1zFKVhqS\/nSDdzSVDTTzpFkpcs1CdyC00vvtmeRvGSvCS5JP145g\/eUtSQTz9ekZq02l1N5+UP5EtqI03egpdcthl89+vMEUP8OdjzxFWxy2SDv\/AH9XiJEu70bpz+3mNEEloMQsC1fvwd4GXpaiGAPXPcxaWrCl9W+n7eIBzklZdvNDtBySpaGkySTLKi7GCE0gJNKDLPg7cxBZUaZeH8RDa5lWplsPtxAi\/bYI6RCmaceR48tBWdLeUobpPxT0gbIkj8x8MoKKWAPh+nniHjrbHXQ6WQUAtmAddUvtxDmq1ePeOOYisQxSZdP0p+FNofKFHYcU1YccQzGQ9MujHbbViPV4hiWcU80z7tYVYGpHwrUvpzCLQGcGvDbfxECKsVqzdB7Q9WFlsa\/CnB24huNmdua89eYhkT8ThLBueDzAsNFlIDmjHSg3P3hC1X23D5bZaQhmtR61qTnkd47HUHwzyz5iWQYZKcTihfdO\/XmHT0YkFANSGdxsRvxCJJZzU1q\/APrcQqp7b+SeeYnYDJ2X0YJXjWQz7j3wSnXWmWDtpl94Ly5pIoRs2ocH2uIq21RKSMTtVvcd4r9KJW4JIN3GtpA6Rm5syYtau8MINQ\/PXmNJc8rFIA4jNqudYW6T3Xc86wue0my7xmqNJPVgkkgDABXgt\/aBku390oQp1PQce+LsiQSlRKvw0mqNTCSlWaYpC7OAJgNQxpu8efhJTg4vs3OlstXDfAQDLWDiJOcD7ayFkDI973+MC70RORNJVk7gjr0izdsxS5YJckEh66E7COh4WCS9yfwUZch5c9YJ3bMSlLa1jo6GRyI\/kZ285xUT1gx6FjEsiFjotkl6YY7C9+yMCxEMiU9eY6OjBJ0hq2aq6mYjYRPOtIS+zR0dDxfuTDEGyA8wH3wU\/wBMJl91vl946Og45N5GNRDed+BbBvl94F2STiW\/n5wkdDOTeVCrbDpFGB+I59qIzMZqj4ccx0dG\/k7HI59scs+XTc8w6WUgPQv026wsdDS6ZCRJAGJ612bQ7xDKDqrl4f8A6hY6Gg7QyEtK8NXp8fnHWecokfN\/5jo6Dke0hvkv3Wn8PDqFLHuUYsBLOPr1G8dHRYPHojJ3LgVz6H1oRW4PDZbjMKjo6IEQKcGpbxd2B9aB93kpWtLUf69aQsdFc3RZBXYQSMnBB\/zGjHniHrydmbqdQY6Oh2xKIZc7F5PIhxWXfSr0OyTHR0FEaEKtdjzvrTmKl7J7lRtods8o6OgCPoN3Er8EdIoiiqM2uedfZpHR0SSvTFxdCon9a7e+tIls2BCSAkDEaqD79IWOjLk8PFJdV\/BoWSSJkXqEHvS8SWzavxEZr+sKlzSgAJKyQKbDiOjoGDxoYpXH6DKTktn\/2Q==\" alt=\"RBI cancels NBFC registration\" title=\"RBI cancels NBFC registration\"\/><figcaption class=\"wp-element-caption\">RBI cancels NBFC registration<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_is_Important_for_Competitive_Exams\"><\/span>Why This News is Important for Competitive Exams<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Regulatory_Enforcement_in_Indian_Financial_Sector\"><\/span><strong>Regulatory Enforcement in Indian Financial Sector<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This development is crucial for students preparing for <strong>banking, RBI Grade B, SSC, railways, defence, and civil services exams<\/strong> because it reflects how the <strong>RBI enforces regulatory compliance<\/strong> across the financial system. Understanding the RBI Act and its powers, especially under Section 45-IA, is essential for banking and financial awareness sections in exams.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Maintaining_Financial_Sector_Stability\"><\/span><strong>Maintaining Financial Sector Stability<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The cancellation highlights RBI\u2019s focus on <strong>financial system stability and market integrity<\/strong>. Non-compliance by NBFCs can pose risks to investors, depositors, and the broader economy. By cancelling licences of entities that consistently fail to meet norms, the RBI protects stakeholders and ensures that only creditworthy and compliant institutions survive.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_on_NBFC_Sector_and_Credit_Markets\"><\/span><strong>Impact on NBFC Sector and Credit Markets<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>For exams like <strong>IBPS, SBI PO, RRB, and other banking posts<\/strong>, questions on NBFCs often involve regulatory roles of RBI, the differences between banks and NBFCs, and macroeconomic implications of regulatory action. This news serves as a live case study on <strong>regulatory oversight, financial discipline, and risk management<\/strong> in India\u2019s credit markets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Legislative_and_Legal_Understanding\"><\/span><strong>Legislative and Legal Understanding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Knowledge of <strong>Section 45-IA<\/strong> of the RBI Act and its practical application reinforces legal awareness topics \u2014 an important part of UPSC\/PCS exam syllabi relating to Indian financial laws and governance.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context_Background_of_RBIs_Regulatory_Powers_on_NBFCs\"><\/span>Historical Context: Background of RBI\u2019s Regulatory Powers on NBFCs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>NBFCs play a vital role in India\u2019s financial ecosystem by providing credit and financial services that complement the banking sector. However, to ensure financial stability and protect investor interests, the RBI regulates NBFCs through a robust framework.<\/p>\n\n\n\n<p>Under <strong>Section 45-IA of the RBI Act, 1934<\/strong>, any entity that wishes to operate as an NBFC must obtain a <strong>Certificate of Registration (CoR)<\/strong> from the RBI and must comply with ongoing prudential requirements such as maintaining minimum net owned funds, filing regular returns, and adhering to fair business practices. If an NBFC fails to comply with these requirements \u2014 including violations of RBI directions or inability to conduct business prudently \u2014 the RBI has the authority to cancel its registration.<\/p>\n\n\n\n<p>Historically, the RBI has periodically taken enforcement actions against NBFCs that fail to meet regulatory standards. Such actions include imposing monetary penalties, restricting operations, or cancelling licences. Recent trends show increased vigilance, as seen in multiple CoR surrenders and cancellations \u2014 an indication of RBI\u2019s enhanced supervision to strengthen financial discipline.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_RBI_Cancelling_NBFC_Registrations\"><\/span><strong>Key Takeaways from RBI Cancelling NBFC Registrations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>S.No.<\/strong><\/th><th><strong>Key Takeaway<\/strong><\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>RBI cancelled the CoRs of 35 NBFCs for failing to comply with regulatory requirements.<\/td><\/tr><tr><td>2<\/td><td>The cancellations were done under <strong>Section 45-IA(6)<\/strong> of the RBI Act, 1934.<\/td><\/tr><tr><td>3<\/td><td>Actions were effective between <strong>December 9 and December 31, 2025<\/strong>.<\/td><\/tr><tr><td>4<\/td><td>These NBFCs are now barred from conducting any non-banking financial business.<\/td><\/tr><tr><td>5<\/td><td>In addition to cancellations, <strong>16 NBFCs voluntarily surrendered<\/strong> their registrations.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">RBI cancels NBFC registration<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_Frequently_Asked_Questions\"><\/span><strong>FAQs: Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_What_is_the_Reserve_Bank_of_India_RBI\"><\/span>1. What is the Reserve Bank of India (RBI)?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The <strong>Reserve Bank of India (RBI)<\/strong> is India\u2019s central banking institution responsible for regulating the monetary policy, supervising banks and NBFCs, issuing currency, and maintaining financial stability in the country.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_What_is_an_NBFC\"><\/span>2. What is an NBFC?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A <strong>Non-Banking Financial Company (NBFC)<\/strong> is a financial institution that offers banking services like loans, credit facilities, and investments, but does not hold a banking license and cannot accept demand deposits.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Why_did_the_RBI_cancel_the_Certificates_of_Registration_of_35_NBFCs\"><\/span>3. Why did the RBI cancel the Certificates of Registration of 35 NBFCs?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The RBI cancelled these <strong>CoRs<\/strong> because the companies failed to comply with statutory regulations, prudential norms, and reporting obligations under <strong>Section 45-IA of the RBI Act, 1934<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_What_is_Section_45-IA_of_the_RBI_Act_1934\"><\/span>4. What is Section 45-IA of the RBI Act, 1934?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Section 45-IA<\/strong> empowers the RBI to regulate NBFCs, including granting, renewing, or cancelling their Certificates of Registration if they fail to meet eligibility or compliance standards.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_How_many_NBFCs_voluntarily_surrendered_their_registration_along_with_the_cancellations\"><\/span>5. How many NBFCs voluntarily surrendered their registration along with the cancellations?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In addition to the <strong>35 cancellations<\/strong>, <strong>16 NBFCs voluntarily surrendered<\/strong> their CoRs due to business closures, restructuring, or reclassification.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_What_are_the_consequences_for_NBFCs_after_CoR_cancellation\"><\/span>6. What are the consequences for NBFCs after CoR cancellation?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cancelled NBFCs are <strong>prohibited from carrying out financial business<\/strong>, including lending, investing, or accepting deposits, until they meet regulatory requirements again.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_Why_is_this_news_important_for_competitive_exams\"><\/span>7. Why is this news important for competitive exams?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This news highlights RBI\u2019s regulatory powers, financial sector stability, and compliance norms \u2014 topics frequently covered in <strong>banking, SSC, PCS, RBI Grade B, and insurance exams<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"8_What_is_the_difference_between_NBFCs_and_banks\"><\/span>8. What is the difference between NBFCs and banks?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Banks can <strong>accept demand deposits<\/strong> and offer full banking services, while NBFCs <strong>cannot accept demand deposits<\/strong> and primarily focus on loans, investments, and credit facilitation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a 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RBI Cancels Certificates of Registration of 35 NBFCs for Regulatory Non-Compliance In a significant regulatory action aimed at strengthening India\u2019s financial sector, the Reserve Bank of India (RBI) has cancelled the&#8230;<\/p>\n","protected":false},"author":6,"featured_media":44934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,14],"tags":[533,32833,1775,32835,6883,339,32834,1448],"class_list":["post-44897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-banking","tag-banking-news","tag-certificate-of-registration","tag-financial-sector","tag-nbfc-cancellation","tag-nbfcs","tag-rbi","tag-rbi-act","tag-regulatory-compliance"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/44897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=44897"}],"version-history":[{"count":3,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/44897\/revisions"}],"predecessor-version":[{"id":44935,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/44897\/revisions\/44935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/44934"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=44897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=44897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=44897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}