Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Sep 25, 2001
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 September 20, 2001 the application for certificate of registration submitted by M/s. Roxy Motor Finance Private Ltd., Shop No.135, JDA Complex, Nehru Market, Jammu, Jammu & Kashmir. 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 September 20, 2001 the application for certificate of registration submitted by M/s. Roxy Motor Finance Private Ltd., Shop No.135, JDA Complex, Nehru Market, Jammu, Jammu & Kashmir. 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
PDF (
Sep 12, 2001
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 cancelled on September 11, 2001 the for certificate of registration granted to Crystal Credits Corporation Ltd.,Crystal House, G-17G, South Extension-II, New Delhi-110 049. 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 cancelled on September 11, 2001 the for certificate of registration granted to Crystal Credits Corporation Ltd.,Crystal House, G-17G, South Extension-II, New Delhi-110 049. 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
Sep 07, 2001
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 the application for certificate of registration submitted by the following non-banking financial company:Name of the CompanyRejected on1. Frontline Industrial & Credits Corporation Ltd., Frontline Complex, Sheesh Mahal, kathgodam (Nainital)August 30, 2001 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 the application for certificate of registration submitted by the following non-banking financial company:Name of the CompanyRejected on1. Frontline Industrial & Credits Corporation Ltd., Frontline Complex, Sheesh Mahal, kathgodam (Nainital)August 30, 2001 As such, the above company cannot transact the business of a non-banki
Sep 03, 2001
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 the applications for certificate of registration submitted by the following non-banking financial companies: Name of the CompanyRejected on1. M/s. Chirag Tie-up Pvt. Ltd.,August 30, 2001 168/A, Cotton Street, 4th Floor, Kolkata-700 007. 2.M/s. Chowrangee Marketing Pvt. Ltd.,August 30, 2001 168/A, Cotton Street, 4th Floor, Kolkat
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 the applications for certificate of registration submitted by the following non-banking financial companies: Name of the CompanyRejected on1. M/s. Chirag Tie-up Pvt. Ltd.,August 30, 2001 168/A, Cotton Street, 4th Floor, Kolkata-700 007. 2.M/s. Chowrangee Marketing Pvt. Ltd.,August 30, 2001 168/A, Cotton Street, 4th Floor, Kolkat
Aug 31, 2001
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 the applications for certificate of registration submitted by the following non-banking financial company:Name of the CompanyRejected on Chakrapani Mutual Benefit Ltd., Registered Office : G-7 Indira Nagar, Lucknow, Uttar PradeshAugust 23, 2001 As such, the above company cannot transact the business of a non-banking financial in
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 the applications for certificate of registration submitted by the following non-banking financial company:Name of the CompanyRejected on Chakrapani Mutual Benefit Ltd., Registered Office : G-7 Indira Nagar, Lucknow, Uttar PradeshAugust 23, 2001 As such, the above company cannot transact the business of a non-banking financial in
Aug 20, 2001
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 August 17, 2001 the application for certificate of registration submitted by M/s.Bhagyashali Agrotech (India) Ltd., C-1,717-718, Madangir, New Delhi-110 062. 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 August 17, 2001 the application for certificate of registration submitted by M/s.Bhagyashali Agrotech (India) Ltd., C-1,717-718, Madangir, New Delhi-110 062. 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
Aug 03, 2001
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 August 2, 2001 the application for certificate of registration submitted by the M/s. Sai Finance & Investment (India) Ltd., F-3/Chandan, 2nd Floor, Tilve Building, Erasmo Carvallo Street, Margao Salcete, Goa-403 601. As such, the above company cannot transact the business of a non-banking financial institution as defined
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 August 2, 2001 the application for certificate of registration submitted by the M/s. Sai Finance & Investment (India) Ltd., F-3/Chandan, 2nd Floor, Tilve Building, Erasmo Carvallo Street, Margao Salcete, Goa-403 601. As such, the above company cannot transact the business of a non-banking financial institution as defined
Jul 31, 2001
Non-banking non-financial companies need not send deposit returns to RBI
The Reserve Bank of India has reiterated that non-banking non-financial companies need not submit the return of deposits to the Reserve Bank. There is, however, no change in the instructions in relation to non-banking financial companies. It may be recalled that in terms of the provisions contained in the Companies Act, 1956, the non-banking non-financial companies are required to submit the return on deposits mobilised by them to the Registrar of Companies. Copies of
The Reserve Bank of India has reiterated that non-banking non-financial companies need not submit the return of deposits to the Reserve Bank. There is, however, no change in the instructions in relation to non-banking financial companies. It may be recalled that in terms of the provisions contained in the Companies Act, 1956, the non-banking non-financial companies are required to submit the return on deposits mobilised by them to the Registrar of Companies. Copies of
Jul 18, 2001
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, 2001 the application for certificate of registration submitted by M/s. Apollo Tradelink Pvt. Ltd., P-27, Princep Street, 3rd Floor, Kolkata-700 007.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 June 29, 2001 the application for certificate of registration submitted by M/s. Apollo Tradelink Pvt. Ltd., P-27, Princep Street, 3rd Floor, Kolkata-700 007.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,
Jul 02, 2001
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 25, 2001 the application for certificate of registration submitted by M/s. Sagar Securities Private Limited having its Registered Office at 801 A Ashiana Plaza, Budh Marg, Patna-800 001. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
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 25, 2001 the application for certificate of registration submitted by M/s. Sagar Securities Private Limited having its Registered Office at 801 A Ashiana Plaza, Budh Marg, Patna-800 001. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
Install the RBI mobile application and get quick access to the latest news!
Page Last Updated on: November 23, 2022
