Press Releases - Regulating Non-Banking - આરબીઆઈ - Reserve Bank of India
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ઑગસ્ટ 06, 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 August 5, 1999, the application for Certificate of Registration submitted by M/s. Allied Housing Development Finance Co. (P) Ltd., a Non-Banking Financial Company having its Registered Office at Sir R.N.Mukherjee Road, P.O. & P.S.Basirhat, Dist. North 24 Paraganas, West Bengal.As such, the company cannot transact the busi
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 5, 1999, the application for Certificate of Registration submitted by M/s. Allied Housing Development Finance Co. (P) Ltd., a Non-Banking Financial Company having its Registered Office at Sir R.N.Mukherjee Road, P.O. & P.S.Basirhat, Dist. North 24 Paraganas, West Bengal.As such, the company cannot transact the busi
ઑગસ્ટ 05, 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 August 4, 1999 the application for certificate of registration submitted by the financial company M/s. Raunaq Finance Ltd., 418, 3rd Floor, Shalimar Complex, Church Road, Jaipur.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 Reserv
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 4, 1999 the application for certificate of registration submitted by the financial company M/s. Raunaq Finance Ltd., 418, 3rd Floor, Shalimar Complex, Church Road, Jaipur.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 Reserv
ઑગસ્ટ 02, 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 July 31, 1999, the application for certificate of registration submitted by M/s. BPL Sanyo Finance Ltd., having its registered office at 1/1, Palace Road, Bangalore-560 001 for carrying on the business of a Non-Banking Financial Institution.As such, the 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 31, 1999, the application for certificate of registration submitted by M/s. BPL Sanyo Finance Ltd., having its registered office at 1/1, Palace Road, Bangalore-560 001 for carrying on the business of a Non-Banking Financial Institution.As such, the company cannot transact the business of a Non-Banking Financial Instituti
ઑગસ્ટ 02, 1999
All NBFCs and RNBCs to submit Annual Statutory Returns on Deposits
The Reserve Bank of India has today advised all nidhi companies, chit fund companies and non-banking financial companies holding public deposits to submit the annual statutory return on deposits. The return should be submitted in the format of the First Schedule on or before September 30, 1999.It has been clarified that the return is required to be submitted by every nidhi company, chit fund company and such other NBFC that held public deposits as on March 31,1999. Th
The Reserve Bank of India has today advised all nidhi companies, chit fund companies and non-banking financial companies holding public deposits to submit the annual statutory return on deposits. The return should be submitted in the format of the First Schedule on or before September 30, 1999.It has been clarified that the return is required to be submitted by every nidhi company, chit fund company and such other NBFC that held public deposits as on March 31,1999. Th
ઑગસ્ટ 02, 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 July 31, 1999, the application for certificate of registration submitted by M/s. Chohal Investments Ltd., having its registered office at Village Chohal, Dist. Hoshiarpur, Punjab for carrying on the business of a Non-Banking Financial Institution.As such, the 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 July 31, 1999, the application for certificate of registration submitted by M/s. Chohal Investments Ltd., having its registered office at Village Chohal, Dist. Hoshiarpur, Punjab for carrying on the business of a Non-Banking Financial Institution.As such, the company cannot transact the business of a Non-Banking Financial Ins
જુલાઈ 31, 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 certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. The Janajyoti General Finance & Investment (India) Ltd., 86-B, Gautam Nagar, Bhubaneshwar.29.7.19992.The Karmabhumi General & Housing Finance Ltd., Kamrup, Assam.29.7.19993.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 the applications for grant of certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. The Janajyoti General Finance & Investment (India) Ltd., 86-B, Gautam Nagar, Bhubaneshwar.29.7.19992.The Karmabhumi General & Housing Finance Ltd., Kamrup, Assam.29.7.19993.The
જુલાઈ 23, 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 July 23, 1999, the application for certificate of registration submitted by the financial company M/s. Rapti Growth Fund Ltd., C-4, Meerabai Marg, Lucknow-226 001.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 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 July 23, 1999, the application for certificate of registration submitted by the financial company M/s. Rapti Growth Fund Ltd., C-4, Meerabai Marg, Lucknow-226 001.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 Reserve Bank of India
જુલાઈ 23, 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 July 22, 1999, the application for Certificate of Registration submitted by M/s. Navoday Hire Purchase & Deposits Ltd., having its registered office at Dev Bahavan, Khalini, Shimla, Himachal Pradesh for carrying on the business of a Non-Banking Financial Institution.As such, the company cannot transact the business of a 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 on July 22, 1999, the application for Certificate of Registration submitted by M/s. Navoday Hire Purchase & Deposits Ltd., having its registered office at Dev Bahavan, Khalini, Shimla, Himachal Pradesh for carrying on the business of a Non-Banking Financial Institution.As such, the company cannot transact the business of a N
જુલાઈ 23, 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 July 21, 1999, the application for certificate of registration submitted by M/s. Laxasha Leasing & Finance Ltd., a Non-Banking Financial Company having its Registered Office at 101, Anandmangal II, C.G. Road, B/h Onkar House, Ahmedabad.As such, the company cannot transact the business of a Non-Banking Financial Institutio
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 21, 1999, the application for certificate of registration submitted by M/s. Laxasha Leasing & Finance Ltd., a Non-Banking Financial Company having its Registered Office at 101, Anandmangal II, C.G. Road, B/h Onkar House, Ahmedabad.As such, the company cannot transact the business of a Non-Banking Financial Institutio
જુલાઈ 23, 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 certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. The Vishal Savings India Ltd., Vishal Bhavan, Rajiv Nagar, Patna-800 024.23.7.19992.The Varat Asharam Satsangh Finance & Investments Co. Ltd., Post - Kujidihi, Dist. Mayurbhanj23.7.
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 certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. The Vishal Savings India Ltd., Vishal Bhavan, Rajiv Nagar, Patna-800 024.23.7.19992.The Varat Asharam Satsangh Finance & Investments Co. Ltd., Post - Kujidihi, Dist. Mayurbhanj23.7.
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