Press Releases - Regulating Non-Banking - আরবিআই - Reserve Bank of India
প্রেস রিলিজ
মার্চ 19, 2002
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 March 14, 2002 the application for certificate of registration submitted by M/s. Sarvamangla Housing & Finance Ltd., A.P.Bhawan, Korba, Dist - Bilaspur, Chattisgarh, Pin-495677As 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 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 March 14, 2002 the application for certificate of registration submitted by M/s. Sarvamangla Housing & Finance Ltd., A.P.Bhawan, Korba, Dist - Bilaspur, Chattisgarh, Pin-495677As 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 Act
মার্চ 16, 2002
Rejection of applications 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 March 14, 2002 the application for certificate of registration submitted by Sri Nachiar Venkateswara Swamy Vari Finance Ltd., at No.AG-95, 7th Main Road, Anna Nagar, Chennai-600 040, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking fi
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 March 14, 2002 the application for certificate of registration submitted by Sri Nachiar Venkateswara Swamy Vari Finance Ltd., at No.AG-95, 7th Main Road, Anna Nagar, Chennai-600 040, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking fi
মার্চ 16, 2002
Rejection of applications 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 March 14, 2002 the application for certificate of registration submitted by M/s. Asra India Savings & Investment Limited, No.5, Jupalli Arcade, 5th Floor, Opp. ECIL Bus Terminal, Secunderabad-500 062, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the busine
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 March 14, 2002 the application for certificate of registration submitted by M/s. Asra India Savings & Investment Limited, No.5, Jupalli Arcade, 5th Floor, Opp. ECIL Bus Terminal, Secunderabad-500 062, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the busine
মার্চ 14, 2002
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 March 9, 2002 the application for certificate of registration submitted by M/s. Khushbu Fincap Ltd., 141, Shopping Centre, Kota (Rajasthan). 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 compa
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 March 9, 2002 the application for certificate of registration submitted by M/s. Khushbu Fincap Ltd., 141, Shopping Centre, Kota (Rajasthan). 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 compa
মার্চ 14, 2002
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 February 2, 2002 the application for certificate of registration submitted by Shree Padma Leasing and Finance Pvt. Ltd., 6, Sindhi Market Compound, Near Hinduja College, charni Road, Mumbai 400 004. 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 February 2, 2002 the application for certificate of registration submitted by Shree Padma Leasing and Finance Pvt. Ltd., 6, Sindhi Market Compound, Near Hinduja College, charni Road, Mumbai 400 004. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
মার্চ 11, 2002
Rejection of applications 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 March 9, 2002 the application for certificate of registration submitted by M/s. Vyshnavi Finances Limited, No.16-11-771, Flat No.102, 1st Floor, Tirumala Hills Apartments, Beside SBH Moosarambagh `X' Road, Hyderabad-500 036, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot
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 March 9, 2002 the application for certificate of registration submitted by M/s. Vyshnavi Finances Limited, No.16-11-771, Flat No.102, 1st Floor, Tirumala Hills Apartments, Beside SBH Moosarambagh `X' Road, Hyderabad-500 036, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot
মার্চ 06, 2002
Rejection of applications 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 March 2, 2002 the application for certificate of registration submitted by Elgi Finance Ltd., having its registered office at Elgi House, Trichy Road, Ramanathapuram, Coimbatore-641 045, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking
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 March 2, 2002 the application for certificate of registration submitted by Elgi Finance Ltd., having its registered office at Elgi House, Trichy Road, Ramanathapuram, Coimbatore-641 045, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking
মার্চ 04, 2002
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 February 16, 2002 the application for certificate of registration submitted by Shasun Finance Ltd., at No.13, Nageswara Rao Road, T. Nagar, Chennai-600 017, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as def
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 February 16, 2002 the application for certificate of registration submitted by Shasun Finance Ltd., at No.13, Nageswara Rao Road, T. Nagar, Chennai-600 017, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as def
মার্চ 04, 2002
NBFCs to frame Policy for Demand/Call Loans
The Reserve Bank of India today announced that all non-banking finance companies (NBFCs) granting/intending to grant demand/call loans should lay down a policy duly approved by their board of directors. The policy should cover the following aspects : Stipulation of a cut off date within which the repayment of the loan will be demanded/called up. If the cut off date is beyond one year, the sanctioning authority should record specific reasons. Stipulation of the rate of
The Reserve Bank of India today announced that all non-banking finance companies (NBFCs) granting/intending to grant demand/call loans should lay down a policy duly approved by their board of directors. The policy should cover the following aspects : Stipulation of a cut off date within which the repayment of the loan will be demanded/called up. If the cut off date is beyond one year, the sanctioning authority should record specific reasons. Stipulation of the rate of
ফেব 25, 2002
Rejection of applications 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 February 20, 2002 the application for certificate of registration submitted by ICS Finance Ltd., having its registered office at No.21, Venkataswamy Road, R. S. Puram, Coimbatore-641 002, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banki
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 February 20, 2002 the application for certificate of registration submitted by ICS Finance Ltd., having its registered office at No.21, Venkataswamy Road, R. S. Puram, Coimbatore-641 002, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banki
ফেব 25, 2002
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 February 20, 2002 the application for certificate of registration submitted by M/s.Shalivahana Finace Ltd., 94, Minerva House, Sarojini Devi Road, Secunderabad-500 003, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial instit
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 February 20, 2002 the application for certificate of registration submitted by M/s.Shalivahana Finace Ltd., 94, Minerva House, Sarojini Devi Road, Secunderabad-500 003, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial instit
ফেব 25, 2002
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 February 20, 2002 the application for certificate of registration submitted by M/s.Papadiwal Finance & Investments Pvt. Ltd., Door No.15-9-8/14, Mukhtiargunj, Hyderbad-500 012, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking fina
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 February 20, 2002 the application for certificate of registration submitted by M/s.Papadiwal Finance & Investments Pvt. Ltd., Door No.15-9-8/14, Mukhtiargunj, Hyderbad-500 012, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking fina
ফেব 22, 2002
Rejection of applications 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 February 20, 2002 the application for certificate of registration submitted by Crystal Capital Finance (India) Ltd., having its registered office at No.3, Elukadal Agraharam, II Floor, Madurai-625 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business
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 February 20, 2002 the application for certificate of registration submitted by Crystal Capital Finance (India) Ltd., having its registered office at No.3, Elukadal Agraharam, II Floor, Madurai-625 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business
ফেব 18, 2002
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 February 9, 2002 the application for certificate of registration submitted by M/s.Balabarathi Finance Ltd., Central Theatre Building, Veterinary Hospital Road, Erode-638 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial
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 February 9, 2002 the application for certificate of registration submitted by M/s.Balabarathi Finance Ltd., Central Theatre Building, Veterinary Hospital Road, Erode-638 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial
ফেব 18, 2002
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 February 14, 2002 the application for certificate of registration submitted by M/s.Kovai Durga Finance Ltd., 362-A, Avanashi road, Peelamedu, Coimbatore-641 004, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution 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 February 14, 2002 the application for certificate of registration submitted by M/s.Kovai Durga Finance Ltd., 362-A, Avanashi road, Peelamedu, Coimbatore-641 004, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution a
ফেব 16, 2002
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 January 25, 2002 the application for certificate of registration submitted by M/s. Escorts Consumer Credit Ltd., Prince Arcade, 3rd Floor, 22-A Cathedral Road, Chennai-600 086, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking financial
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 January 25, 2002 the application for certificate of registration submitted by M/s. Escorts Consumer Credit Ltd., Prince Arcade, 3rd Floor, 22-A Cathedral Road, Chennai-600 086, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking financial
ফেব 08, 2002
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 February 6, 2002 the application for certificate of registration submitted by M/s. Southern Udyans Ltd., 3-2-870/3, VNR Commercial Complex, Kachiguda Station Road, Hyderabad-27, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financi
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 February 6, 2002 the application for certificate of registration submitted by M/s. Southern Udyans Ltd., 3-2-870/3, VNR Commercial Complex, Kachiguda Station Road, Hyderabad-27, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financi
ফেব 05, 2002
Rejection of application for certificate of registration
It is hereby notified for the information of public that 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 February 2, 2002 the application for certificate of registration submitted by Bala Sundara Vinayagar Finance Ltd., Priya Complex, II Floor, Bridge Road, Pllipalayam, Erode-638 006, for carrying on the business of a Non-Banking Financial Institution. As such, the above c
It is hereby notified for the information of public that 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 February 2, 2002 the application for certificate of registration submitted by Bala Sundara Vinayagar Finance Ltd., Priya Complex, II Floor, Bridge Road, Pllipalayam, Erode-638 006, for carrying on the business of a Non-Banking Financial Institution. As such, the above c
ফেব 05, 2002
Rejection of application for certificate of registration
It is hereby notified for the information of public that 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 February 2, 2002 the application for certificate of registration submitted by Unipro Finance Ltd., at No.NP32 & 46, Thiru-vi-ka Industrial Estate, Ekkaduthangal, Guindy, Chennai-600 032, for carrying on the business of a Non-Banking Financial Institution. As such, t
It is hereby notified for the information of public that 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 February 2, 2002 the application for certificate of registration submitted by Unipro Finance Ltd., at No.NP32 & 46, Thiru-vi-ka Industrial Estate, Ekkaduthangal, Guindy, Chennai-600 032, for carrying on the business of a Non-Banking Financial Institution. As such, t
ফেব 04, 2002
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 February 2, 2002 the application for certificate of registration submitted by Tripta Finvest Ltd., ID/14, Sector 7, Rohini, New Delhi-110 085 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 comp
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 February 2, 2002 the application for certificate of registration submitted by Tripta Finvest Ltd., ID/14, Sector 7, Rohini, New Delhi-110 085 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 comp
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