Rejection of application for certificate of registration - ربی - Reserve Bank of India
55493059
شائع کیا گیا پر أغسطس 02, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on July 31, 1999, the application for certificate of registration submitted by M/s. BPL Sanyo Finance Ltd., having its registered office at 1/1, Palace Road, Bangalore-560 001 for carrying on the business of a Non-Banking Financial Institution.
As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Clause (a) of Section 45-I of the RBI Act, 1934.
Rupambara Padhi
Manager
Press Release : 1999-2000/165
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