Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Nov 02, 1998
Application for grant of Certificate of Registration rejected
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 grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. United Development Finance Corporation Ltd., D-1, Mantri Rivera, Bahu Patil Road, Bhopadi, Pune 31.10.1998 2. M/s. Royal Credits (P) Ltd., D-35A, Rajouri Garden, 1st Floor, N
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 grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. United Development Finance Corporation Ltd., D-1, Mantri Rivera, Bahu Patil Road, Bhopadi, Pune 31.10.1998 2. M/s. Royal Credits (P) Ltd., D-35A, Rajouri Garden, 1st Floor, N
PDF (
Nov 02, 1998
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 October 30, 1998 the application for certificate of registration submitted by the financial company M/s. Prudential Capital Markets Ltd., Tobacco House, 1 & 2 Old House Centre, Calcutta-700 001. 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 October 30, 1998 the application for certificate of registration submitted by the financial company M/s. Prudential Capital Markets Ltd., Tobacco House, 1 & 2 Old House Centre, Calcutta-700 001. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
Nov 02, 1998
Application for grant of Certificate of Registration rejected
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 grant of a certificate of registration submitted by the undernoted non-banking financial companies: Sr.No. Name of the Company Address of the Registered Office of the Company Rejected on 1. M/s. Chandan Finlease Limited 67/2, Chanakyapuri Society, Near Railway Crossing, Ghatlodia, Ahmedabad-380 061 30.10.199
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 grant of a certificate of registration submitted by the undernoted non-banking financial companies: Sr.No. Name of the Company Address of the Registered Office of the Company Rejected on 1. M/s. Chandan Finlease Limited 67/2, Chanakyapuri Society, Near Railway Crossing, Ghatlodia, Ahmedabad-380 061 30.10.199
Oct 30, 1998
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 October 29, 1998 the application for certificate of registration submitted by M/s. Maharaja Dhan & Vitta Pvt. Ltd., 24, Sitabagh Colony, Dhenu Market, Indore. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I 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 October 29, 1998 the application for certificate of registration submitted by M/s. Maharaja Dhan & Vitta Pvt. Ltd., 24, Sitabagh Colony, Dhenu Market, Indore. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of India
Oct 30, 1998
Application for grant of Certificate of Registration rejected
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 grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. GNG Financial Services (P) Ltd., 110, Ansal Chamber II, Bhikaji Cama Place, New Delhi-110 066 24.10.1998 2. M/s. GNG Finance Ltd., 110, Ansal Chamber II, Bhikaji Cama Place,
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 grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. GNG Financial Services (P) Ltd., 110, Ansal Chamber II, Bhikaji Cama Place, New Delhi-110 066 24.10.1998 2. M/s. GNG Finance Ltd., 110, Ansal Chamber II, Bhikaji Cama Place,
Oct 30, 1998
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 October 29, 1998 the application for certificate of registration submitted by the financial company Onida Finance Ltd., 1007, Mercantile House, Kasturba Gandhi Marg, New Delhi-110 001. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
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 October 29, 1998 the application for certificate of registration submitted by the financial company Onida Finance Ltd., 1007, Mercantile House, Kasturba Gandhi Marg, New Delhi-110 001. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
Oct 29, 1998
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 October 28, 1998 the application for certificate of registration submitted by the financial company M/s. Bainda Leasing & Finance (P) Ltd., 743, Pocket A, Santa Vihar, New Delhi. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the R
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 October 28, 1998 the application for certificate of registration submitted by the financial company M/s. Bainda Leasing & Finance (P) Ltd., 743, Pocket A, Santa Vihar, New Delhi. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the R
Oct 29, 1998
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 October 27, 1998 the application for certificate of registration submitted by M/s. Everest Kanto Investment & Finance Ltd., 125, Atlanta, Nariman Point, Mumbai 400 021. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I 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 October 27, 1998 the application for certificate of registration submitted by M/s. Everest Kanto Investment & Finance Ltd., 125, Atlanta, Nariman Point, Mumbai 400 021. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Ban
Oct 28, 1998
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 October 26, 1998 the application for certificate of registration submitted by the financial company M/s. Fairness Housing Finance & Investment (I) Ltd., Prince Tower, 121 G. T. Road, Howrah-711 101, West Bengal. As such, the above company cannot transact the business of a non-banking financial institution as defined in Cl
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 October 26, 1998 the application for certificate of registration submitted by the financial company M/s. Fairness Housing Finance & Investment (I) Ltd., Prince Tower, 121 G. T. Road, Howrah-711 101, West Bengal. As such, the above company cannot transact the business of a non-banking financial institution as defined in Cl
Oct 28, 1998
Prizindia Ltd. not eligible to do NBFC business
The Reserve Bank of India has cautioned members of the public that collection of deposits by M/s. Prizindia Ltd., having its registered office at Faizel Building, Manarcad PO, Kottayam-686 019, is in contravention of the provisions of the Reserve Bank of India Act, 1934. Any investment in the units of M/s. Prizindia Ltd. will be at the investors own risk. It had come to the notice of the Reserve Bank of India that M/s. Prizindia Ltd. was mobilising funds from the mem
The Reserve Bank of India has cautioned members of the public that collection of deposits by M/s. Prizindia Ltd., having its registered office at Faizel Building, Manarcad PO, Kottayam-686 019, is in contravention of the provisions of the Reserve Bank of India Act, 1934. Any investment in the units of M/s. Prizindia Ltd. will be at the investors own risk. It had come to the notice of the Reserve Bank of India that M/s. Prizindia Ltd. was mobilising funds from the mem
Install the RBI mobile application and get quick access to the latest news!
Page Last Updated on: October 30, 2024
