Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Aug 14, 2002
Cancellation of the 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(6) of the Reserve Bank of India Act, 1934, has cancelled on August 13, 2002 the certificate of registration issued to Trans India Financial Services Limited, A-G4, "Metro Palmgrove", Phase II Apartments, Rajbhavan Road, Somajiguda, Hyderabad-500 082, to carry 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(6) of the Reserve Bank of India Act, 1934, has cancelled on August 13, 2002 the certificate of registration issued to Trans India Financial Services Limited, A-G4, "Metro Palmgrove", Phase II Apartments, Rajbhavan Road, Somajiguda, Hyderabad-500 082, to carry on the business of a Non-Banking Financial Institution. As such, t
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Aug 07, 2002
Certificate of Registration Cancelled as surrendered
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(6) of the Reserve Bank of India Act, 1934, has cancelled as surrendered on August 6, 2002 the certificate of registration issued to Capital Fortunes Ltd., 6-3-649/1, Nalanda Apartments, Medinova Complex, Somajiguda, Hyderabad-500 082, to carry on the business of a Non-Banking Financial Institution. As such, the above company
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(6) of the Reserve Bank of India Act, 1934, has cancelled as surrendered on August 6, 2002 the certificate of registration issued to Capital Fortunes Ltd., 6-3-649/1, Nalanda Apartments, Medinova Complex, Somajiguda, Hyderabad-500 082, to carry on the business of a Non-Banking Financial Institution. As such, the above company
Jul 30, 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 July 18, 2002 the application for certificate of registration submitted by NCC Finance Limited, 41, Nagarjuna Hills, Hyderabad-500 082, 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 defined in Clause (a) of
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 July 18, 2002 the application for certificate of registration submitted by NCC Finance Limited, 41, Nagarjuna Hills, Hyderabad-500 082, 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 defined in Clause (a) of
Jul 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 July 23, 2002 the application for certificate of registration submitted by M/s. Singla Motor Finance Company Limited, SCO-1, 1st floor, Sector 11, Panchkula, Haryana, 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 instituti
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 July 23, 2002 the application for certificate of registration submitted by M/s. Singla Motor Finance Company Limited, SCO-1, 1st floor, Sector 11, Panchkula, Haryana, 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 instituti
Jul 20, 2002
Cancellation of the certificate of registration
July 20, 2002It 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 cancelled on July 18, 2002 the certificate of registration issued to Model Financial Corporation Limited, Model House, 6-3-456/A/1, Panjagutta, Hyderabad-500 082, to carry on the business of a Non-Banking Financial Institution.As such, the above company cannot transact
July 20, 2002It 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 cancelled on July 18, 2002 the certificate of registration issued to Model Financial Corporation Limited, Model House, 6-3-456/A/1, Panjagutta, Hyderabad-500 082, to carry on the business of a Non-Banking Financial Institution.As such, the above company cannot transact
Jul 11, 2002
Non-Banking Non-Financial Companies need not submit deposit returns to RBI
The Reserve Bank of India has reiterated that non-banking non-financial companies need not submit to it the return of deposits. 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 these returns were also being received in the Reserve Bank for statistical purpose. It had however, discontinued the system of receivi
The Reserve Bank of India has reiterated that non-banking non-financial companies need not submit to it the return of deposits. 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 these returns were also being received in the Reserve Bank for statistical purpose. It had however, discontinued the system of receivi
Jul 06, 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 July 4, 2002 the application for certificate of registration submitted by Sanklecha Capfin Ltd., Bhati Market, Mandia Road, Pali, Marwar-306 401. 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
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 July 4, 2002 the application for certificate of registration submitted by Sanklecha Capfin Ltd., Bhati Market, Mandia Road, Pali, Marwar-306 401. 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
Jun 22, 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 June 19, 2002 the application for certificate of registration submitted by Kapil Ganga Credit India Ltd., Kapil Ganga Bhavan, Avas Vikas, Basti, 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 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 June 19, 2002 the application for certificate of registration submitted by Kapil Ganga Credit India Ltd., Kapil Ganga Bhavan, Avas Vikas, Basti, 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 the Reserve Bank of India A
Jun 18, 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 June 8, 2002 the application for certificate of registration submitted by M/s. Sitaram Hire Purchase Limited, 10-Netaji Market, G. T. Road, Panipat-132103, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact th
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 June 8, 2002 the application for certificate of registration submitted by M/s. Sitaram Hire Purchase Limited, 10-Netaji Market, G. T. Road, Panipat-132103, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact th
Jun 15, 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 June 12, 2002 the application for certificate of registration submitted by Tamilnadu Finance Ltd., No.5, Ground Floor, Gokul Tower, 9/10, C.P. Ramaswamy Road, Alwarpet, Chennai-600 018, for carrying on the business of a Non-Banking Financial Institution. As such, the ab
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 June 12, 2002 the application for certificate of registration submitted by Tamilnadu Finance Ltd., No.5, Ground Floor, Gokul Tower, 9/10, C.P. Ramaswamy Road, Alwarpet, Chennai-600 018, for carrying on the business of a Non-Banking Financial Institution. As such, the ab
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Page Last Updated on: October 30, 2024
