Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Jan 04, 1999
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 December 31, 1998 the application for certificate of registration submitted by the financial company M/s. AP Finleasing India Ltd., 55-B, First Floor, Maurya Lok Complex, Patna-800001.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 December 31, 1998 the application for certificate of registration submitted by the financial company M/s. AP Finleasing India Ltd., 55-B, First Floor, Maurya Lok Complex, Patna-800001.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
Jan 04, 1999
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 2, 1999, the application for certificate of registration submitted by the financial company Jyothirmayi Finance Ltd., 1-2-365/26, R. K. Mutt Road, Damalguda, 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 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 January 2, 1999, the application for certificate of registration submitted by the financial company Jyothirmayi Finance Ltd., 1-2-365/26, R. K. Mutt Road, Damalguda, 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 I of the
Jan 04, 1999
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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Bloom Financial Services Limited, 5A/4A, Ansari Road, Darya Ganj, New Delhi-110 002.29.12.1998 2.Bright Leasing & Finance Limited, B. 1 House,54, Janpath, New Delhi-110 00129.12.199
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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Bloom Financial Services Limited, 5A/4A, Ansari Road, Darya Ganj, New Delhi-110 002.29.12.1998 2.Bright Leasing & Finance Limited, B. 1 House,54, Janpath, New Delhi-110 00129.12.199
Jan 01, 1999
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 December 31, 1998, the application for certificate of registration submitted by the financial company M/s. Nagarjuna Capital Markets Ltd., 56, Nagarjuna Hills, Panjagutta, Hyderabad-500 082.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I 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 December 31, 1998, the application for certificate of registration submitted by the financial company M/s. Nagarjuna Capital Markets Ltd., 56, Nagarjuna Hills, Panjagutta, Hyderabad-500 082.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I o
Jan 01, 1999
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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Allianz Capital & Management Services Limited, C-2, Green Park Extension, New Delhi-110 016.30.12.1998 2.M/s. AP Finleasing India Limited, 55-B, First Floor, Maurya Lok C
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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Allianz Capital & Management Services Limited, C-2, Green Park Extension, New Delhi-110 016.30.12.1998 2.M/s. AP Finleasing India Limited, 55-B, First Floor, Maurya Lok C
Dec 31, 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 December 29, 1998, the application for certificate of registration submitted by M/s. Sanmac Motor Finance Ltd., a Non-Banking Financial Company having its Registered Office at Gems Court, A-8, 1st Floor, 14, K. N. K. Road, Chennai-600 006.As such, the above company cannot transact the business of a non-banking financial insti
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 December 29, 1998, the application for certificate of registration submitted by M/s. Sanmac Motor Finance Ltd., a Non-Banking Financial Company having its Registered Office at Gems Court, A-8, 1st Floor, 14, K. N. K. Road, Chennai-600 006.As such, the above company cannot transact the business of a non-banking financial insti
Dec 31, 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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Cubex Securities Limited, 3-1-248/1, Somasundaram Street, Secunderabad.30.12.1998 2.Ravileela Financial Services Limited, Survey No.203, Sampanna Bolu Village, Shameerpet, R.R.District3
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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Cubex Securities Limited, 3-1-248/1, Somasundaram Street, Secunderabad.30.12.1998 2.Ravileela Financial Services Limited, Survey No.203, Sampanna Bolu Village, Shameerpet, R.R.District3
Dec 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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Malti Finance & Leasing Ltd., Shri Ram Towers, Ashok Marg, Lucknow-226 001.28.12.1998 2.M/s. Hindustan Financial Management Ltd., 403-404, Vishal Bhawan, Nehru Place, New Delh
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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Malti Finance & Leasing Ltd., Shri Ram Towers, Ashok Marg, Lucknow-226 001.28.12.1998 2.M/s. Hindustan Financial Management Ltd., 403-404, Vishal Bhawan, Nehru Place, New Delh
Dec 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 December 28, 1998, the application for certificate of registration submitted by M/s. DNS Finance & Investment Co. Ltd., a Non-banking financial company having its Registered Office at 67/3, Rup Mancha, P. O. Habra, Dist. North 24-Parganas.As such, the above company cannot transact the business of a non-banking financial 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 December 28, 1998, the application for certificate of registration submitted by M/s. DNS Finance & Investment Co. Ltd., a Non-banking financial company having its Registered Office at 67/3, Rup Mancha, P. O. Habra, Dist. North 24-Parganas.As such, the above company cannot transact the business of a non-banking financial i
Dec 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 December 28, 1998, the application for certificate of registration submitted by M/s. Manuelsons Investment & Leasing Co. (P) Ltd., a non-banking financial company having its Registered Office at 2B, MECCO Centre, Anna Salai, Chennai-600 001.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 December 28, 1998, the application for certificate of registration submitted by M/s. Manuelsons Investment & Leasing Co. (P) Ltd., a non-banking financial company having its Registered Office at 2B, MECCO Centre, Anna Salai, Chennai-600 001.As such, the above company cannot transact the business of a non-banking financial
Dec 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 December 28, 1998 the application for certificate of registration submitted by M/s. Alakhnanda Growth Funds Ltd., Karma House, 1-83, Lajpat Nagar II, New Delhi-110 024.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
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 December 28, 1998 the application for certificate of registration submitted by M/s. Alakhnanda Growth Funds Ltd., Karma House, 1-83, Lajpat Nagar II, New Delhi-110 024.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
Dec 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 December 23, 1998 the application for certificate of registration submitted by the M/s. Patla Savings & Investment Pvt. Ltd., Ganj No.2, Bettiah, West Champaran District, Bihar.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 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 December 23, 1998 the application for certificate of registration submitted by the M/s. Patla Savings & Investment Pvt. Ltd., Ganj No.2, Bettiah, West Champaran District, Bihar.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 Res
Dec 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 December 24, 1998 the application for certificate of registration submitted by the M/s. Godrich Finance & Securities Ltd., H-4, Masgid Moth, Greater Kailash II, New Delhi-110 048.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 December 24, 1998 the application for certificate of registration submitted by the M/s. Godrich Finance & Securities Ltd., H-4, Masgid Moth, Greater Kailash II, New Delhi-110 048.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
Dec 26, 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 December 24, 1998 the application for certificate of registration submitted by M/s. Salem Rajaram Leasing Ltd., a Non-Banking Financial Company having its Registered Office at IInd floor, L.R.N. Buildings, Sarada College Road, Salem-636 007.As such, the above company cannot transact the business of a non-banking financial ins
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 December 24, 1998 the application for certificate of registration submitted by M/s. Salem Rajaram Leasing Ltd., a Non-Banking Financial Company having its Registered Office at IInd floor, L.R.N. Buildings, Sarada College Road, Salem-636 007.As such, the above company cannot transact the business of a non-banking financial ins
Dec 24, 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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Okara Mutual Benefit Limited, 1557, Church Road, Kashmere Gate, New Delhi-110 006.22.12.1998 2.M/s. Okara Securities Limited, 1557, Church Road, Kashmere Gate, New Delhi-110 006.22
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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Okara Mutual Benefit Limited, 1557, Church Road, Kashmere Gate, New Delhi-110 006.22.12.1998 2.M/s. Okara Securities Limited, 1557, Church Road, Kashmere Gate, New Delhi-110 006.22
Dec 24, 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 December 23, 1998 the application for certificate of registration submitted by the financial company Allianz Securities Ltd., C-2 Green Park Extension, New Delhi-110 016.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 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 December 23, 1998 the application for certificate of registration submitted by the financial company Allianz Securities Ltd., C-2 Green Park Extension, New Delhi-110 016.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 o
Dec 23, 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 December 21, 1998 the application for certificate of registration submitted by the financial company M/s. Mahadev Corporation (India) Ltd., 187-A, Ashok Mohalla, Bootovalli Gali, Nangloi, New Delhi-110 041.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) 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 December 21, 1998 the application for certificate of registration submitted by the financial company M/s. Mahadev Corporation (India) Ltd., 187-A, Ashok Mohalla, Bootovalli Gali, Nangloi, New Delhi-110 041.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) o
Dec 23, 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 December 22, 1998 the application for certificate of registration submitted by the financial company Alsa Global Finance & Securities Ltd., AA-149, 3rd Avenue, Anna Nagar, Chennai-600 040.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 December 22, 1998 the application for certificate of registration submitted by the financial company Alsa Global Finance & Securities Ltd., AA-149, 3rd Avenue, Anna Nagar, Chennai-600 040.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
Dec 22, 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 December 18, 1998 the application for certificate of registration submitted by the financial company M/s. Extol Financial Services Ltd., 1/3, Amaltas Complex Shahpura, Bhopal-462016.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 Re
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 December 18, 1998 the application for certificate of registration submitted by the financial company M/s. Extol Financial Services Ltd., 1/3, Amaltas Complex Shahpura, Bhopal-462016.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 Re
Dec 19, 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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Madhur Leasing Limited, B-9, Guru Nanak House, Ranjit Nagar, New Delhi-110 008.17.12.1998 2.M/s. Vee Pee Securities Limited, 208B, 11/56, D.B. Gupta Road, Karol Bagh, New Delhi-110
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 certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Madhur Leasing Limited, B-9, Guru Nanak House, Ranjit Nagar, New Delhi-110 008.17.12.1998 2.M/s. Vee Pee Securities Limited, 208B, 11/56, D.B. Gupta Road, Karol Bagh, New Delhi-110
Page Last Updated on: October 30, 2024