Press Releases - Regulating Non-Banking - আৰবিআই - Reserve Bank of India
প্ৰেছ ৰিলিজ
জুলাই 05, 2000
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 June 29, 2000 the application for certificate of registration submitted by M/s Singh Finco Ltd., 28, Strand Road, Calcutta - 700 001.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. The company has a
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 June 29, 2000 the application for certificate of registration submitted by M/s Singh Finco Ltd., 28, Strand Road, Calcutta - 700 001.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. The company has a
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জুলাই 03, 2000
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 June 30, 2000 the application for certificate of registration submitted by Sanchani Vanijya and Vittiya Company Ltd., Azad Market, Meeranpur, Akbarpur, Distt. Ambedkar Nagar, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA o
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 June 30, 2000 the application for certificate of registration submitted by Sanchani Vanijya and Vittiya Company Ltd., Azad Market, Meeranpur, Akbarpur, Distt. Ambedkar Nagar, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA o
জুলাই 01, 2000
Cancellation of 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 cancelled on June 29, 2000 the certificate of Registration granted to M/s.Lynx India Ltd., having its Registered Office at 12G, Chakraberia Road (North), ground floor, Calcutta-700 020 for carrying on the business of a non-banking financial institution. Further, RBI, in exercise of powers conferred on it under Section 45MB(I) and 45 MB(2
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 cancelled on June 29, 2000 the certificate of Registration granted to M/s.Lynx India Ltd., having its Registered Office at 12G, Chakraberia Road (North), ground floor, Calcutta-700 020 for carrying on the business of a non-banking financial institution. Further, RBI, in exercise of powers conferred on it under Section 45MB(I) and 45 MB(2
জুন 30, 2000
Rejection of Application for grant of Certificate of Registration to carry on the business of a Non-Banking Financial Institution
The Reserve Bank of India has, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, rejected the application for grant of Certificate of Registration of M/s. MCC Finance Ltd., for carrying on the business of a Non-Banking Financial Institution. The application was rejected on June 26, 2000. M/s. MCC Finance Ltd., has its registered office at 36-40, Armenian Street, Chennai 600 001. As such, the company cannot transact th
The Reserve Bank of India has, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, rejected the application for grant of Certificate of Registration of M/s. MCC Finance Ltd., for carrying on the business of a Non-Banking Financial Institution. The application was rejected on June 26, 2000. M/s. MCC Finance Ltd., has its registered office at 36-40, Armenian Street, Chennai 600 001. As such, the company cannot transact th
জুন 30, 2000
RBI rationalise NBFC Regulations
The Reserve Bank of India today announced rationalisation of some of the regulations and other measures as applicable to Non-Banking Financial Companies (NBFCs) and Residuary Non-Banking Companies (RNBCs). The changes made are - Provisioning norms in respect of lease and hire purchase assets have been rationalised to encourage the NBFCs to continue to extend the facility against second hand assets as part of their contribution to the economic development of the countr
The Reserve Bank of India today announced rationalisation of some of the regulations and other measures as applicable to Non-Banking Financial Companies (NBFCs) and Residuary Non-Banking Companies (RNBCs). The changes made are - Provisioning norms in respect of lease and hire purchase assets have been rationalised to encourage the NBFCs to continue to extend the facility against second hand assets as part of their contribution to the economic development of the countr
জুন 30, 2000
Rejection of Application for grant of Certificate of Registration to carry on the business of a Non-Banking Financial Institution
The Reserve Bank of India has, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, rejected the application for grant of Certificate of Registration of M/s. Sanmitra Credits Ltd., for carrying on the business of a Non-Banking Financial Institution. The application was rejected on June 27, 2000. M/s. Sanmitra Credits Ltd., has its registered office at 15/1, Upstairs, West Park Road, 9th Cross, Malleswaram, Bangalore-560
The Reserve Bank of India has, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, rejected the application for grant of Certificate of Registration of M/s. Sanmitra Credits Ltd., for carrying on the business of a Non-Banking Financial Institution. The application was rejected on June 27, 2000. M/s. Sanmitra Credits Ltd., has its registered office at 15/1, Upstairs, West Park Road, 9th Cross, Malleswaram, Bangalore-560
জুন 27, 2000
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 June 21, 2000 the application for certificate of registration submitted by the financial company M/s. Yashika Finance & Investment Ltd., Gandhidham, Plot No.46, Sector 8, Gandhidham, Kutch.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
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 June 21, 2000 the application for certificate of registration submitted by the financial company M/s. Yashika Finance & Investment Ltd., Gandhidham, Plot No.46, Sector 8, Gandhidham, Kutch.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
জুন 24, 2000
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 June 21, 2000 the application for certificate of registration submitted by Sri Subabharathi Finance & Investments Ltd., No.401, Bharati Lodge T. S. No.4216, South Fourth Street, Pudukottai 622 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sec
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 June 21, 2000 the application for certificate of registration submitted by Sri Subabharathi Finance & Investments Ltd., No.401, Bharati Lodge T. S. No.4216, South Fourth Street, Pudukottai 622 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sec
জুন 20, 2000
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 June 16, 2000 the application for certificate of registration submitted by M/s. Pennar Paterson Ltd., Plot No.38, Chikoti Gardens, Begumpet, Hyderabad-500 016.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 Ac
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 June 16, 2000 the application for certificate of registration submitted by M/s. Pennar Paterson Ltd., Plot No.38, Chikoti Gardens, Begumpet, Hyderabad-500 016.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 Ac
জুন 19, 2000
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 June 16, 2000 the application for certificate of registration submitted by the Tathagat Small Industrial Investments Limited, having its Registered Office at 3A, Model Town, Ghaziabad, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
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 June 16, 2000 the application for certificate of registration submitted by the Tathagat Small Industrial Investments Limited, having its Registered Office at 3A, Model Town, Ghaziabad, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
জুন 12, 2000
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 June 10, 2000 the application for certificate of registration submitted by Shree Shokhaji Finance & Investment Company Limited, Raja Bagicha, Durgabari Road, B, Deoghar, Bihar.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 Res
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 June 10, 2000 the application for certificate of registration submitted by Shree Shokhaji Finance & Investment Company Limited, Raja Bagicha, Durgabari Road, B, Deoghar, Bihar.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 Res
জুন 09, 2000
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 June 9, 2000 the application for certificate of registration submitted by the financial company Dharohar Leasing Limited, `Ajay Bhawan', 4th Floor, Maldahiya, Varanasi 2, Uttar Pradesh. 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 t
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 June 9, 2000 the application for certificate of registration submitted by the financial company Dharohar Leasing Limited, `Ajay Bhawan', 4th Floor, Maldahiya, Varanasi 2, Uttar Pradesh. 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 t
জুন 09, 2000
RBI announces Final Guidelines for Entry of NBFCs into Insurance
Any non-banking financial company (NBFC) registered with the Reserve Bank of India RBI having net owned fund of Rs 2 crore as per the last audited balance sheet would be permitted to undertake insurance business as agent of insurance companies on fee basis, without any risk participation. All NBFCs registered with the Reserve Bank that satisfy the eligibility criteria given below will be permitted to set up a joint venture company for undertaking insurance business wi
Any non-banking financial company (NBFC) registered with the Reserve Bank of India RBI having net owned fund of Rs 2 crore as per the last audited balance sheet would be permitted to undertake insurance business as agent of insurance companies on fee basis, without any risk participation. All NBFCs registered with the Reserve Bank that satisfy the eligibility criteria given below will be permitted to set up a joint venture company for undertaking insurance business wi
জুন 01, 2000
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 May 31, 2000 the application for certificate of registration submitted by Saswata Finance & Investment (P) Ltd., Usha Building, A.T. Road, Bharlamukh, Guwahati-781 009.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 Ban
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 May 31, 2000 the application for certificate of registration submitted by Saswata Finance & Investment (P) Ltd., Usha Building, A.T. Road, Bharlamukh, Guwahati-781 009.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 Ban
জুন 01, 2000
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 May 31, 2000 the application for certificate of registration submitted by Royal India House Finvest Ltd., Royal India House, Jai Prakash Nagar, Sitamarhi 843 302.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
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 May 31, 2000 the application for certificate of registration submitted by Royal India House Finvest Ltd., Royal India House, Jai Prakash Nagar, Sitamarhi 843 302.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
মে’ 31, 2000
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 May 30, 2000 the application for certificate of registration submitted by M/s. Steel City Finance Limited, Jogi Mishra Bhawan, Jugsalal, Jamshedpur-831 006.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,
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 May 30, 2000 the application for certificate of registration submitted by M/s. Steel City Finance Limited, Jogi Mishra Bhawan, Jugsalal, Jamshedpur-831 006.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,
মে’ 26, 2000
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 May 23, 2000 the application for certificate of registration submitted by M/s. Franzaan Capitals Ltd., Aasan Zubi House, 1-2-597/13, Lower Tank Bund, Hyderabad-500 029. 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 o
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 May 23, 2000 the application for certificate of registration submitted by M/s. Franzaan Capitals Ltd., Aasan Zubi House, 1-2-597/13, Lower Tank Bund, Hyderabad-500 029. 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 o
মে’ 17, 2000
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 May 17, 2000 the application for certificate of registration submitted by M/s. Magnum Trust Ltd., 1st Floor, Parkash Market, Near Clock Tower, Ludhiana, Punjab.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 A
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 May 17, 2000 the application for certificate of registration submitted by M/s. Magnum Trust Ltd., 1st Floor, Parkash Market, Near Clock Tower, Ludhiana, Punjab.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 A
মে’ 12, 2000
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 May 11, 2000 the application for certificate of registration submitted by M/s. Bezwada Finance Pvt. Ltd., Maneesha Mansion, IInd floor, Opp. Pinnamaneni Polyclinic, Vijayawada-520 010. 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 th
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 May 11, 2000 the application for certificate of registration submitted by M/s. Bezwada Finance Pvt. Ltd., Maneesha Mansion, IInd floor, Opp. Pinnamaneni Polyclinic, Vijayawada-520 010. 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 th
মে’ 12, 2000
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 May 11, 2000 the application for certificate of registration submitted by M/s. Osiaji Finance (Chennai) Ltd., No.101, Thirupalli Street, Sowcarpet, Chennai-600 079.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 Ind
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 May 11, 2000 the application for certificate of registration submitted by M/s. Osiaji Finance (Chennai) Ltd., No.101, Thirupalli Street, Sowcarpet, Chennai-600 079.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 Ind
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