Press Releases - Regulating Non-Banking - ربی - Reserve Bank of India
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أغسطس 01, 2003
Norms for Infrastructure Loans granted by NBFCs relaxed
The Reserve Bank of India today modified the prudential norms applicable to non-banking finance companies (NBFCs) in relation to their exposure to infrastructure loans. The norms prescribed for NBFCs are in alignment with the norms prescribed for banks and financial institutions. Accordingly, for the purpose of encouraging NBFCs to grant infrastructure loans, the Reserve Bank of India has specified that, now, when infrastructure loans granted by NBFCs are restructured
The Reserve Bank of India today modified the prudential norms applicable to non-banking finance companies (NBFCs) in relation to their exposure to infrastructure loans. The norms prescribed for NBFCs are in alignment with the norms prescribed for banks and financial institutions. Accordingly, for the purpose of encouraging NBFCs to grant infrastructure loans, the Reserve Bank of India has specified that, now, when infrastructure loans granted by NBFCs are restructured
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يوليو 28, 2003
NBFCs may offer Nomination on their Deposits
The Reserve Bank of India has, in consultation with the Government of India, decided that Non-banking Finance Companies (NBFCs) may, for the purpose of nominations, adopt the Banking Companies (Nomination) Rules, 1985 made under Section 45ZA of the Banking Regulation Act, 1949. Accordingly, non-banking finance companies (NBFCs) are permitted to accept nominations made by the depositors in form DA1, cancellation of nomination in form DA2 and variation in nomination in
The Reserve Bank of India has, in consultation with the Government of India, decided that Non-banking Finance Companies (NBFCs) may, for the purpose of nominations, adopt the Banking Companies (Nomination) Rules, 1985 made under Section 45ZA of the Banking Regulation Act, 1949. Accordingly, non-banking finance companies (NBFCs) are permitted to accept nominations made by the depositors in form DA1, cancellation of nomination in form DA2 and variation in nomination in
يوليو 24, 2003
Reserve Bank Cancels Certificate of Registration of M/s. Ishan Fincap Limited, Borsad
The Reserve Bank of India, has on June 12, 2003 cancelled the certificate of registration granted to M/s. Ishan Fincap Limited having its registered office at Above State Bank of India, Borsad-388 540, Dist.Kheda, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s. Ishan Fincap Limited cannot transact the business of a non-banking financial institution. Under powers conferred by Section 45IA of
The Reserve Bank of India, has on June 12, 2003 cancelled the certificate of registration granted to M/s. Ishan Fincap Limited having its registered office at Above State Bank of India, Borsad-388 540, Dist.Kheda, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s. Ishan Fincap Limited cannot transact the business of a non-banking financial institution. Under powers conferred by Section 45IA of
يوليو 23, 2003
Reserve Bank Cancels Certificate of Registration of Four Square Leasing and Finance Limited, Chennai
The Reserve Bank of India, has on July 14, 2003 cancelled the certificate of registration granted to Four Square Leasing and Finance Limited having its registered office at 19, Sony Complex, Reddy Street, Villivakkam, Chennai-600 049, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, to Four Square Leasing and Finance Limited cannot transact the business of a non-banking financial institution. The
The Reserve Bank of India, has on July 14, 2003 cancelled the certificate of registration granted to Four Square Leasing and Finance Limited having its registered office at 19, Sony Complex, Reddy Street, Villivakkam, Chennai-600 049, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, to Four Square Leasing and Finance Limited cannot transact the business of a non-banking financial institution. The
يوليو 10, 2003
Reserve Bank Cancels Certificate of Registration of Maggy Finance Private Limited, Nellore
The Reserve Bank of India, has on July 8, 2003 cancelled the certificate of registration granted to Maggy Finance Private Limited having its registered office at 3/369-Lakshmipuram, Nellore, Andhra Pradesh-524 002, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Maggi Finance Private Limited cannot transact the business of a non-banking financial institution. The company has also been prohibited
The Reserve Bank of India, has on July 8, 2003 cancelled the certificate of registration granted to Maggy Finance Private Limited having its registered office at 3/369-Lakshmipuram, Nellore, Andhra Pradesh-524 002, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Maggi Finance Private Limited cannot transact the business of a non-banking financial institution. The company has also been prohibited
يونيو 07, 2003
Reserve Bank Cancels Certificate of Registration of Marichi Finance and Leasing Limited, Hyderabad
The Reserve Bank of India, has on June 4, 2003 cancelled the certificate of registration granted to Marichi Finance and Leasing Limited, having its registered office at 3-6-432, Himayatnagar, Hyderabad-500 029, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Marichi Finance and Leasing Limited cannot transact the business of a non-banking financial institution. Under powers conferred by Section 4
The Reserve Bank of India, has on June 4, 2003 cancelled the certificate of registration granted to Marichi Finance and Leasing Limited, having its registered office at 3-6-432, Himayatnagar, Hyderabad-500 029, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Marichi Finance and Leasing Limited cannot transact the business of a non-banking financial institution. Under powers conferred by Section 4
مايو 24, 2003
Reserve Bank Cancels Certificate of Registration of Oswal Capital Services Limited
The Reserve Bank of India, has on May 19, 2003 cancelled the certificate of registration granted to Oswal Capital Services Limited having its registered office at Jugiana, Ludhiana, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Oswal Capital Services Limited cannot transact the business of a non-banking financial institution. The company has also been prohibited from acceptance of deposits and
The Reserve Bank of India, has on May 19, 2003 cancelled the certificate of registration granted to Oswal Capital Services Limited having its registered office at Jugiana, Ludhiana, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Oswal Capital Services Limited cannot transact the business of a non-banking financial institution. The company has also been prohibited from acceptance of deposits and
مايو 03, 2003
Reserve Bank rejects application for Certificate of Registration of Sonal Finvest Private Limited
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 April 28, 2003 the application for certificate of registration submitted by Sonal Finvest Private Limited, `Sonal', 2/15, Gundawadi, Rajkot-360 002. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank of India Act, 1934.P.
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 April 28, 2003 the application for certificate of registration submitted by Sonal Finvest Private Limited, `Sonal', 2/15, Gundawadi, Rajkot-360 002. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank of India Act, 1934.P.
مارس 29, 2003
NBFC Regulations modified
Balance sheet formatThe Reserve Bank of India has today asked all Non-Banking Financial Companies (NBFCs) to attach, effective from the financial year ending March 31, 2003, a schedule to their balance sheet and give certain additional particulars. The Reserve Bank has prescribed a format prescribed for the schedule which includes information on borrowerwise and investorwise exposure to related parties, position of non-performing assets and business levels in lease an
Balance sheet formatThe Reserve Bank of India has today asked all Non-Banking Financial Companies (NBFCs) to attach, effective from the financial year ending March 31, 2003, a schedule to their balance sheet and give certain additional particulars. The Reserve Bank has prescribed a format prescribed for the schedule which includes information on borrowerwise and investorwise exposure to related parties, position of non-performing assets and business levels in lease an
مارس 25, 2003
Reserve Bank rejects application for Certificate of Registration of Phoenix International Finance Limited
The Reserve Bank of India, has on March 19, 2003 rejected the application for certificate of registration submitted by Phoenix International Finance Limited having its office at 3rd floor, Gopala Tower, 25, Rajendra Place, New Delhi-110 008 for carrying on the business of a non-banking financial institution. Following rejection of application for certificate of registration, Phoenix International Finance Limited can not transact the business of a non-banking financial
The Reserve Bank of India, has on March 19, 2003 rejected the application for certificate of registration submitted by Phoenix International Finance Limited having its office at 3rd floor, Gopala Tower, 25, Rajendra Place, New Delhi-110 008 for carrying on the business of a non-banking financial institution. Following rejection of application for certificate of registration, Phoenix International Finance Limited can not transact the business of a non-banking financial
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