Press Releases - Regulating Non-Banking - આરબીઆઈ - Reserve Bank of India
પ્રેસ રિલીઝ
જુલાઈ 10, 2000
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, 2000 the application for certificate of registration submitted by the financial company M/s. Loyal Finlease Private Ltd., A-22, Shiv Complex, Subhash Road, Anand, Gujarat.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 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 June 29, 2000 the application for certificate of registration submitted by the financial company M/s. Loyal Finlease Private Ltd., A-22, Shiv Complex, Subhash Road, Anand, Gujarat.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 Res
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જુલાઈ 06, 2000
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 5, 2000 the application for certificate of registration submitted by M/s Al-Fahad Investments Ltd., 152, Sanghi Street, P.O.Mhow, Distt.Indore (M.P.).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. 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 July 5, 2000 the application for certificate of registration submitted by M/s Al-Fahad Investments Ltd., 152, Sanghi Street, P.O.Mhow, Distt.Indore (M.P.).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. T
જુલાઈ 05, 2000
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, 2000 the application for certificate of registration submitted by M/s Singh Finco Ltd., 28, Strand Road, Calcutta - 700 001.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 company has 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 29, 2000 the application for certificate of registration submitted by M/s Singh Finco Ltd., 28, Strand Road, Calcutta - 700 001.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 company has a
જુલાઈ 03, 2000
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 30, 2000 the application for certificate of registration submitted by Sanchani Vanijya and Vittiya Company Ltd., Azad Market, Meeranpur, Akbarpur, Distt. Ambedkar Nagar, 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 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 June 30, 2000 the application for certificate of registration submitted by Sanchani Vanijya and Vittiya Company Ltd., Azad Market, Meeranpur, Akbarpur, Distt. Ambedkar Nagar, 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 o
જુલાઈ 01, 2000
Cancellation of 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 June 29, 2000 the certificate of Registration granted to M/s.Lynx India Ltd., having its Registered Office at 12G, Chakraberia Road (North), ground floor, Calcutta-700 020 for carrying on the business of a non-banking financial institution. Further, RBI, in exercise of powers conferred on it under Section 45MB(I) and 45 MB(2
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 June 29, 2000 the certificate of Registration granted to M/s.Lynx India Ltd., having its Registered Office at 12G, Chakraberia Road (North), ground floor, Calcutta-700 020 for carrying on the business of a non-banking financial institution. Further, RBI, in exercise of powers conferred on it under Section 45MB(I) and 45 MB(2
જૂન 30, 2000
Rejection of Application for grant of Certificate of Registration to carry on the business of a Non-Banking Financial Institution
The Reserve Bank of India has, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, rejected the application for grant of Certificate of Registration of M/s. MCC Finance Ltd., for carrying on the business of a Non-Banking Financial Institution. The application was rejected on June 26, 2000. M/s. MCC Finance Ltd., has its registered office at 36-40, Armenian Street, Chennai 600 001. As such, the company cannot transact th
The Reserve Bank of India has, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, rejected the application for grant of Certificate of Registration of M/s. MCC Finance Ltd., for carrying on the business of a Non-Banking Financial Institution. The application was rejected on June 26, 2000. M/s. MCC Finance Ltd., has its registered office at 36-40, Armenian Street, Chennai 600 001. As such, the company cannot transact th
જૂન 30, 2000
RBI rationalise NBFC Regulations
The Reserve Bank of India today announced rationalisation of some of the regulations and other measures as applicable to Non-Banking Financial Companies (NBFCs) and Residuary Non-Banking Companies (RNBCs). The changes made are - Provisioning norms in respect of lease and hire purchase assets have been rationalised to encourage the NBFCs to continue to extend the facility against second hand assets as part of their contribution to the economic development of the countr
The Reserve Bank of India today announced rationalisation of some of the regulations and other measures as applicable to Non-Banking Financial Companies (NBFCs) and Residuary Non-Banking Companies (RNBCs). The changes made are - Provisioning norms in respect of lease and hire purchase assets have been rationalised to encourage the NBFCs to continue to extend the facility against second hand assets as part of their contribution to the economic development of the countr
જૂન 30, 2000
Rejection of Application for grant of Certificate of Registration to carry on the business of a Non-Banking Financial Institution
The Reserve Bank of India has, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, rejected the application for grant of Certificate of Registration of M/s. Sanmitra Credits Ltd., for carrying on the business of a Non-Banking Financial Institution. The application was rejected on June 27, 2000. M/s. Sanmitra Credits Ltd., has its registered office at 15/1, Upstairs, West Park Road, 9th Cross, Malleswaram, Bangalore-560
The Reserve Bank of India has, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, rejected the application for grant of Certificate of Registration of M/s. Sanmitra Credits Ltd., for carrying on the business of a Non-Banking Financial Institution. The application was rejected on June 27, 2000. M/s. Sanmitra Credits Ltd., has its registered office at 15/1, Upstairs, West Park Road, 9th Cross, Malleswaram, Bangalore-560
જૂન 27, 2000
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 21, 2000 the application for certificate of registration submitted by the financial company M/s. Yashika Finance & Investment Ltd., Gandhidham, Plot No.46, Sector 8, Gandhidham, Kutch.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
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 21, 2000 the application for certificate of registration submitted by the financial company M/s. Yashika Finance & Investment Ltd., Gandhidham, Plot No.46, Sector 8, Gandhidham, Kutch.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
જૂન 24, 2000
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 21, 2000 the application for certificate of registration submitted by Sri Subabharathi Finance & Investments Ltd., No.401, Bharati Lodge T. S. No.4216, South Fourth Street, Pudukottai 622 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sec
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 21, 2000 the application for certificate of registration submitted by Sri Subabharathi Finance & Investments Ltd., No.401, Bharati Lodge T. S. No.4216, South Fourth Street, Pudukottai 622 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sec
જૂન 20, 2000
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 16, 2000 the application for certificate of registration submitted by M/s. Pennar Paterson Ltd., Plot No.38, Chikoti Gardens, Begumpet, Hyderabad-500 016.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 Ac
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 16, 2000 the application for certificate of registration submitted by M/s. Pennar Paterson Ltd., Plot No.38, Chikoti Gardens, Begumpet, Hyderabad-500 016.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 Ac
જૂન 19, 2000
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 16, 2000 the application for certificate of registration submitted by the Tathagat Small Industrial Investments Limited, having its Registered Office at 3A, Model Town, Ghaziabad, Uttar Pradesh.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 June 16, 2000 the application for certificate of registration submitted by the Tathagat Small Industrial Investments Limited, having its Registered Office at 3A, Model Town, Ghaziabad, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
જૂન 12, 2000
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 10, 2000 the application for certificate of registration submitted by Shree Shokhaji Finance & Investment Company Limited, Raja Bagicha, Durgabari Road, B, Deoghar, Bihar.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 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 June 10, 2000 the application for certificate of registration submitted by Shree Shokhaji Finance & Investment Company Limited, Raja Bagicha, Durgabari Road, B, Deoghar, Bihar.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 Res
જૂન 09, 2000
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 9, 2000 the application for certificate of registration submitted by the financial company Dharohar Leasing Limited, `Ajay Bhawan', 4th Floor, Maldahiya, Varanasi 2, 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 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 June 9, 2000 the application for certificate of registration submitted by the financial company Dharohar Leasing Limited, `Ajay Bhawan', 4th Floor, Maldahiya, Varanasi 2, 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 t
જૂન 09, 2000
RBI announces Final Guidelines for Entry of NBFCs into Insurance
Any non-banking financial company (NBFC) registered with the Reserve Bank of India RBI having net owned fund of Rs 2 crore as per the last audited balance sheet would be permitted to undertake insurance business as agent of insurance companies on fee basis, without any risk participation. All NBFCs registered with the Reserve Bank that satisfy the eligibility criteria given below will be permitted to set up a joint venture company for undertaking insurance business wi
Any non-banking financial company (NBFC) registered with the Reserve Bank of India RBI having net owned fund of Rs 2 crore as per the last audited balance sheet would be permitted to undertake insurance business as agent of insurance companies on fee basis, without any risk participation. All NBFCs registered with the Reserve Bank that satisfy the eligibility criteria given below will be permitted to set up a joint venture company for undertaking insurance business wi
જૂન 01, 2000
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 May 31, 2000 the application for certificate of registration submitted by Saswata Finance & Investment (P) Ltd., Usha Building, A.T. Road, Bharlamukh, Guwahati-781 009.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 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 May 31, 2000 the application for certificate of registration submitted by Saswata Finance & Investment (P) Ltd., Usha Building, A.T. Road, Bharlamukh, Guwahati-781 009.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 Ban
જૂન 01, 2000
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 May 31, 2000 the application for certificate of registration submitted by Royal India House Finvest Ltd., Royal India House, Jai Prakash Nagar, Sitamarhi 843 302.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 rejected on May 31, 2000 the application for certificate of registration submitted by Royal India House Finvest Ltd., Royal India House, Jai Prakash Nagar, Sitamarhi 843 302.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
મે 31, 2000
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 May 30, 2000 the application for certificate of registration submitted by M/s. Steel City Finance Limited, Jogi Mishra Bhawan, Jugsalal, Jamshedpur-831 006.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 May 30, 2000 the application for certificate of registration submitted by M/s. Steel City Finance Limited, Jogi Mishra Bhawan, Jugsalal, Jamshedpur-831 006.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,
મે 26, 2000
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 May 23, 2000 the application for certificate of registration submitted by M/s. Franzaan Capitals Ltd., Aasan Zubi House, 1-2-597/13, Lower Tank Bund, 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 IA 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 May 23, 2000 the application for certificate of registration submitted by M/s. Franzaan Capitals Ltd., Aasan Zubi House, 1-2-597/13, Lower Tank Bund, 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 IA of the Reserve Bank o
મે 17, 2000
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 May 17, 2000 the application for certificate of registration submitted by M/s. Magnum Trust Ltd., 1st Floor, Parkash Market, Near Clock Tower, Ludhiana, Punjab.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 May 17, 2000 the application for certificate of registration submitted by M/s. Magnum Trust Ltd., 1st Floor, Parkash Market, Near Clock Tower, Ludhiana, Punjab.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
મે 12, 2000
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 May 11, 2000 the application for certificate of registration submitted by M/s. Bezwada Finance Pvt. Ltd., Maneesha Mansion, IInd floor, Opp. Pinnamaneni Polyclinic, Vijayawada-520 010. 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 th
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 May 11, 2000 the application for certificate of registration submitted by M/s. Bezwada Finance Pvt. Ltd., Maneesha Mansion, IInd floor, Opp. Pinnamaneni Polyclinic, Vijayawada-520 010. 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 th
મે 12, 2000
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 May 11, 2000 the application for certificate of registration submitted by M/s. Osiaji Finance (Chennai) Ltd., No.101, Thirupalli Street, Sowcarpet, Chennai-600 079.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 Ind
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 May 11, 2000 the application for certificate of registration submitted by M/s. Osiaji Finance (Chennai) Ltd., No.101, Thirupalli Street, Sowcarpet, Chennai-600 079.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 Ind
મે 03, 2000
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 May 2, 2000 the application for certificate of registration submitted by the financial company Shiv International Saving and Investment Company Ltd., Village & Post-Samesi, Thana-Nagram, Dist. Lucknow, Uttar Pradesh. 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 May 2, 2000 the application for certificate of registration submitted by the financial company Shiv International Saving and Investment Company Ltd., Village & Post-Samesi, Thana-Nagram, Dist. Lucknow, Uttar Pradesh. As such, the above company cannot transact the business of a non-banking financial institution as defined
મે 02, 2000
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 on 1.S.P. Hire Purchase Private Limited and2.Avadh Hire Purchase Company Private Limited, Shahjahanpur Road, Shyamganj, Bareilly-243 005, Uttar Pradesh.April 29, 2000As such, the above companie
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 on 1.S.P. Hire Purchase Private Limited and2.Avadh Hire Purchase Company Private Limited, Shahjahanpur Road, Shyamganj, Bareilly-243 005, Uttar Pradesh.April 29, 2000As such, the above companie
એપ્રિલ 28, 2000
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 April 27, 2000 the application for certificate of registration submitted by the financial company Lok Vikas Finance Corporation Ltd., 3F/1, Shivanand Marg, Malviya Nagar, Jaipur.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 Reser
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 April 27, 2000 the application for certificate of registration submitted by the financial company Lok Vikas Finance Corporation Ltd., 3F/1, Shivanand Marg, Malviya Nagar, Jaipur.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 Reser
એપ્રિલ 27, 2000
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 April 24, 2000 the application for certificate of registration submitted by the financial company M/s. Sathee Finance & Investment Co. (I) Ltd., 41, D. C. Building, Kalyani-741 235, West Bengal. 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 April 24, 2000 the application for certificate of registration submitted by the financial company M/s. Sathee Finance & Investment Co. (I) Ltd., 41, D. C. Building, Kalyani-741 235, West Bengal. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
એપ્રિલ 26, 2000
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 April 19, 2000 the application for Certificate of Registration submitted by the financial company Rajasthan Jan Chetna Finance Ltd., 'Shri Kalyan Ashirwad', Main Road, Deoli, Distt. Tonk, Rajasthan 304 804.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 April 19, 2000 the application for Certificate of Registration submitted by the financial company Rajasthan Jan Chetna Finance Ltd., 'Shri Kalyan Ashirwad', Main Road, Deoli, Distt. Tonk, Rajasthan 304 804.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) o
એપ્રિલ 26, 2000
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 on 1.Madhya Pradesh Lok Vikas Finance Ltd., 27, Mayur Market, Thatipur, Gwalior.April 18, 2000 2.Kaushal Finance & Investment Consultancy Pvt. Ltd. 17B, Padmanabh Nagar, Near Subhash Nagar,
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 on 1.Madhya Pradesh Lok Vikas Finance Ltd., 27, Mayur Market, Thatipur, Gwalior.April 18, 2000 2.Kaushal Finance & Investment Consultancy Pvt. Ltd. 17B, Padmanabh Nagar, Near Subhash Nagar,
એપ્રિલ 17, 2000
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 April 13, 2000 the application for certificate of registration submitted by M/s. Dugar Finance India Ltd., Dugar Towers, 123, Marshalls Road, Egmore, Chennai-600 008.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 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 April 13, 2000 the application for certificate of registration submitted by M/s. Dugar Finance India Ltd., Dugar Towers, 123, Marshalls Road, Egmore, Chennai-600 008.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 I
એપ્રિલ 08, 2000
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 April 7, 2000 the application for certificate of registration submitted by the financial company Katya Mutual Benefit India Limited, 386, Bilram Gate, Kasganj, Etah, 207 123, 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 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 April 7, 2000 the application for certificate of registration submitted by the financial company Katya Mutual Benefit India Limited, 386, Bilram Gate, Kasganj, Etah, 207 123, 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 o
એપ્રિલ 04, 2000
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 March 31, 2000 the application for certificate of registration submitted by M/s. Synergy Financial Exchange Ltd., 98A, Dr. Radhakrishnan Salai, Mylapore, Chennai 600 004. 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
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 March 31, 2000 the application for certificate of registration submitted by M/s. Synergy Financial Exchange Ltd., 98A, Dr. Radhakrishnan Salai, Mylapore, Chennai 600 004. 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
એપ્રિલ 04, 2000
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 April 3, 2000 the application for certificate of registration submitted by M/s. Maurya Techno Securities pvt. Ltd., 1, Niti Bagh, P.O. B. V. College, Patna-800 014. 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 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 on April 3, 2000 the application for certificate of registration submitted by M/s. Maurya Techno Securities pvt. Ltd., 1, Niti Bagh, P.O. B. V. College, Patna-800 014. 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 In
એપ્રિલ 04, 2000
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 March 31, 2000 the application for certificate of registration submitted by M/s. Encore Infosys Ltd., 1009, TVS Colony, Anna Nagar, West Extension, Chennai 600 101. 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 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 on March 31, 2000 the application for certificate of registration submitted by M/s. Encore Infosys Ltd., 1009, TVS Colony, Anna Nagar, West Extension, Chennai 600 101. 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 In
એપ્રિલ 03, 2000
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 March 31, 2000 the application for certificate of registration submitted by M/s Sreeven Leafin Pvt Ltd., having its Registered Office at 3rd Floor, Sri Sai Lakshmi Complex, Opp.KPHB Colony, Kukatpally, Hyderabad. As such, the above company cannot transact the business of Non-Banking Financial Institution as defined in Clause
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 March 31, 2000 the application for certificate of registration submitted by M/s Sreeven Leafin Pvt Ltd., having its Registered Office at 3rd Floor, Sri Sai Lakshmi Complex, Opp.KPHB Colony, Kukatpally, Hyderabad. As such, the above company cannot transact the business of Non-Banking Financial Institution as defined in Clause
એપ્રિલ 01, 2000
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 Team Finance & Leasing Ltd., 1st floor, 73-A, Cherry Road, Hasthampatty, Salem 636 007March 30, 20002.M/s. Lakshmi Trade Credits Ltd. Khivraj Estate, 624, Anna Salai, Chennai 600 00
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 Team Finance & Leasing Ltd., 1st floor, 73-A, Cherry Road, Hasthampatty, Salem 636 007March 30, 20002.M/s. Lakshmi Trade Credits Ltd. Khivraj Estate, 624, Anna Salai, Chennai 600 00
માર્ચ 31, 2000
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 March 30, 2000 the application for certificate of registration submitted by the financial company Esma Investments Ltd., DE-744, Jahangir Puri, 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 IA of the Reserve Bank of India Act, 1
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 March 30, 2000 the application for certificate of registration submitted by the financial company Esma Investments Ltd., DE-744, Jahangir Puri, 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 IA of the Reserve Bank of India Act, 1
માર્ચ 31, 2000
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 March 29, 2000 the application for certificate of registration submitted by the financial company Newly Savings & Investments Ltd., Hanuman Market, Kunwar Singh Colony, Chas-Bokaro 827 013. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
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 March 29, 2000 the application for certificate of registration submitted by the financial company Newly Savings & Investments Ltd., Hanuman Market, Kunwar Singh Colony, Chas-Bokaro 827 013. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
માર્ચ 27, 2000
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 March 21, 2000 the application for certificate of registration submitted by the financial company Associated Finlease Ltd., 1E/12, Sewak House, Jhandewalan Extn., New Delhi-110 055. 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 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 March 21, 2000 the application for certificate of registration submitted by the financial company Associated Finlease Ltd., 1E/12, Sewak House, Jhandewalan Extn., New Delhi-110 055. 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 R
માર્ચ 22, 2000
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 March 21, 2000, the application for Certificate of Registration submitted by M/s. Raj Janak Finlease (P) Ltd., 16, Sastrigunj, Station Road, Petlad, Gujarat-388 450.As such, the company cannot transact the business of Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.P.V. Sadana
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 March 21, 2000, the application for Certificate of Registration submitted by M/s. Raj Janak Finlease (P) Ltd., 16, Sastrigunj, Station Road, Petlad, Gujarat-388 450.As such, the company cannot transact the business of Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.P.V. Sadana
માર્ચ 16, 2000
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 March 13, 2000, the application for Certificate of Registration submitted by M/s. Shrestha Finance Ltd., No.48, B.N. Road, Mahabubani Towers, T.Nagar, Chennai-600 017.As such, the company cannot transact the business of Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.P.V. Sada
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 March 13, 2000, the application for Certificate of Registration submitted by M/s. Shrestha Finance Ltd., No.48, B.N. Road, Mahabubani Towers, T.Nagar, Chennai-600 017.As such, the company cannot transact the business of Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.P.V. Sada
માર્ચ 03, 2000
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 March 2, 2000 the application for Certificate of Registration submitted by Pal Credits (India) Limited, having its Registered Office at Bareilly Road, Haldwani, Dist.Nainital, Uttar Pradesh.As such, the above company cannot transact the business of Non-Banking Financial Institution as defined in Clause (a) of Section 45 IA 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 March 2, 2000 the application for Certificate of Registration submitted by Pal Credits (India) Limited, having its Registered Office at Bareilly Road, Haldwani, Dist.Nainital, Uttar Pradesh.As such, the above company cannot transact the business of Non-Banking Financial Institution as defined in Clause (a) of Section 45 IA of
માર્ચ 01, 2000
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 February 29, 2000 the application for Certificate of Registration submitted by Ahmedabad Leasing & Finance Ltd., having its Registered Office at 101, Shreeji Complex, Ellise Bridge, Ahmedabad.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
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 February 29, 2000 the application for Certificate of Registration submitted by Ahmedabad Leasing & Finance Ltd., having its Registered Office at 101, Shreeji Complex, Ellise Bridge, Ahmedabad.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
ફેબ્રુ 29, 2000
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 February 22, 2000 the application for Certificate of Registration submitted by Teem Investment Co., having its Registered Office at Sherpur, G.T.Road, Ludhiana.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 February 22, 2000 the application for Certificate of Registration submitted by Teem Investment Co., having its Registered Office at Sherpur, G.T.Road, Ludhiana.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
ફેબ્રુ 28, 2000
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 February 23, 2000, the application for Certificate of Registration submitted by M/s. Sai Saran Leasing Ltd., Door No.6-64/I, Chaitanya Nagar, Gajuwaka, Visakhapatnam, Hyderabad. As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1
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 February 23, 2000, the application for Certificate of Registration submitted by M/s. Sai Saran Leasing Ltd., Door No.6-64/I, Chaitanya Nagar, Gajuwaka, Visakhapatnam, Hyderabad. As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1
ફેબ્રુ 24, 2000
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 CompanyRejected on 1.Jamuna Valley Finance & Investment (India) Pvt. Ltd., M. D. Road, Nagaon-782 001, Assam.18.02.2000 2.Amoli Finance & Leasing Ltd., 2nd Floor, Shivalik Palace, Faizabad Road,
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 CompanyRejected on 1.Jamuna Valley Finance & Investment (India) Pvt. Ltd., M. D. Road, Nagaon-782 001, Assam.18.02.2000 2.Amoli Finance & Leasing Ltd., 2nd Floor, Shivalik Palace, Faizabad Road,
ફેબ્રુ 23, 2000
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 CompanyRejected on 1.M/s. New India Industrial & Savings Co. Ltd., Anandi Buildings, Vallalar Salai, Venkata Nagar, Pondicherry-605 011.18.02.2000 2.M/s. TLV Finance Ltd., 54, Perambur Barracks Road,
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 CompanyRejected on 1.M/s. New India Industrial & Savings Co. Ltd., Anandi Buildings, Vallalar Salai, Venkata Nagar, Pondicherry-605 011.18.02.2000 2.M/s. TLV Finance Ltd., 54, Perambur Barracks Road,
ફેબ્રુ 22, 2000
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 February 18, 2000 the application for Certificate of Registration submitted by M/s. Esskay Telecom Ltd., 49 G. C. Avenue, 2nd Floor, Calcutta-700 013.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.Chhaya Raje ManagerPress
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 February 18, 2000 the application for Certificate of Registration submitted by M/s. Esskay Telecom Ltd., 49 G. C. Avenue, 2nd Floor, Calcutta-700 013.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.Chhaya Raje ManagerPress
ફેબ્રુ 22, 2000
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 February 17, 2000, the application for Certificate of Registration submitted by M/s. South Asian Financial Exchange Ltd., 34, Dr. P.V. Cherian Crescent, Off Ethiraj Salai, Chennai-600 105.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-IA 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 February 17, 2000, the application for Certificate of Registration submitted by M/s. South Asian Financial Exchange Ltd., 34, Dr. P.V. Cherian Crescent, Off Ethiraj Salai, Chennai-600 105.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-IA of the R
ફેબ્રુ 22, 2000
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 February 18, 2000 the application for Certificate of Registration submitted by the financial company Blue Chip Securities & Leasing Ltd., Bhuj, Surveena, Nagar Chakla, New Mint Road, Bhuj (Gujarat State)As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (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 February 18, 2000 the application for Certificate of Registration submitted by the financial company Blue Chip Securities & Leasing Ltd., Bhuj, Surveena, Nagar Chakla, New Mint Road, Bhuj (Gujarat State)As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a)
ફેબ્રુ 22, 2000
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, has rejected on February 17, 2000, the application for Certificate of Registration submitted by The Kisholaya Small Investments (India) Ltd., having its Registered office at 54/171, Rabindra Avenue, P.O. & District - Malda, Pin-732 101.As such, the above company cannot transact the business of a non-banking financial institution as define
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, has rejected on February 17, 2000, the application for Certificate of Registration submitted by The Kisholaya Small Investments (India) Ltd., having its Registered office at 54/171, Rabindra Avenue, P.O. & District - Malda, Pin-732 101.As such, the above company cannot transact the business of a non-banking financial institution as define
ફેબ્રુ 21, 2000
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 February 17, 2000 the application for Certificate of Registration submitted by M/s. Vijaya Leasing Ltd.,Centenary Building, 28, M.G.Road, Bangalore-560001.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, 1
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 February 17, 2000 the application for Certificate of Registration submitted by M/s. Vijaya Leasing Ltd.,Centenary Building, 28, M.G.Road, Bangalore-560001.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, 1
ફેબ્રુ 18, 2000
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 February 17, 2000 the application for Certificate of Registration submitted by Subharambh Finance & Investment Pvt. Ltd., having its Registered Office at E/135, Jayant Park Society, Adinath Nagar, Memnager, Ahmedabad 380 052.As such, the above company cannot transact the business of a Non-Banking Financial Institution as
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 February 17, 2000 the application for Certificate of Registration submitted by Subharambh Finance & Investment Pvt. Ltd., having its Registered Office at E/135, Jayant Park Society, Adinath Nagar, Memnager, Ahmedabad 380 052.As such, the above company cannot transact the business of a Non-Banking Financial Institution as
ફેબ્રુ 18, 2000
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 February 17, 2000 the application for certificate of registration submitted by the financial company J & K Originated Finance Co. Ltd., K.P.Road, Anatnag, 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 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 February 17, 2000 the application for certificate of registration submitted by the financial company J & K Originated Finance Co. Ltd., K.P.Road, Anatnag, 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 the Reserve Bank of
ફેબ્રુ 17, 2000
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 February 16, 2000 the application for Certificate of Registration submitted by the financial company Al-Falah Finlease Ltd., Al-Falah House, 274-A, Jamia Nagar, Okhla, New Delhi-110 025.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 February 16, 2000 the application for Certificate of Registration submitted by the financial company Al-Falah Finlease Ltd., Al-Falah House, 274-A, Jamia Nagar, Okhla, New Delhi-110 025.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
ફેબ્રુ 14, 2000
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 February 11, 2000 the application for Certificate of Registration submitted by Karoon Mutual Benefit Limited, having its Registered Office at Sector M, E-IV, 186, Aliganj, Lucknow, U.P.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 th
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 February 11, 2000 the application for Certificate of Registration submitted by Karoon Mutual Benefit Limited, having its Registered Office at Sector M, E-IV, 186, Aliganj, Lucknow, U.P.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 th
ફેબ્રુ 08, 2000
Certificate of Registration mandatory for NBFCs/RNBCs
The Reserve Bank of India has clarified that it is mandatory for all the non-banking financial companies (NBFCs) including residuary non-banking companies (RNBCs) to obtain a Certificate of Registration from the Bank under Section 45-IA of the Reserve Bank of India Act. This requirement is mandatory even for those NBFCs which do not hold/accept deposits from public or which are holding companies or investment companies not trading in the shares held by them, etc. The
The Reserve Bank of India has clarified that it is mandatory for all the non-banking financial companies (NBFCs) including residuary non-banking companies (RNBCs) to obtain a Certificate of Registration from the Bank under Section 45-IA of the Reserve Bank of India Act. This requirement is mandatory even for those NBFCs which do not hold/accept deposits from public or which are holding companies or investment companies not trading in the shares held by them, etc. The
ફેબ્રુ 08, 2000
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 February 5, 2000 the application for Certificate of Registration submitted by the financial company M/s. Attic Finvest Pvt. Ltd., B-4, Satya Tower, 36, Commercial Complex, Wazirpur Industrial Area, Delhi-110 052.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
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 February 5, 2000 the application for Certificate of Registration submitted by the financial company M/s. Attic Finvest Pvt. Ltd., B-4, Satya Tower, 36, Commercial Complex, Wazirpur Industrial Area, Delhi-110 052.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ફેબ્રુ 08, 2000
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 February 5, 2000 the application for Certificate of Registration submitted by the financial company Bharatiya Krishi Import Commercial Company Limited, Yogia Tola, Yarpur, 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 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 February 5, 2000 the application for Certificate of Registration submitted by the financial company Bharatiya Krishi Import Commercial Company Limited, Yogia Tola, Yarpur, 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 IA of t
ફેબ્રુ 05, 2000
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 Flawless Leasing and Housing Finance Ltd., B 38/13-8 Navodit Nagar, Mahmoorganj, Varanasi 221010(U.P.)February 3, 20002.Drishtikone Finance and Leasing Company Ltd. Nazma Market, Bulaki
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 Flawless Leasing and Housing Finance Ltd., B 38/13-8 Navodit Nagar, Mahmoorganj, Varanasi 221010(U.P.)February 3, 20002.Drishtikone Finance and Leasing Company Ltd. Nazma Market, Bulaki
ફેબ્રુ 05, 2000
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 February 3, 2000 the application for Certificate of Registration submitted by the financial company Kashmir Valley Finance & Investment Co. Ltd., K.P. Road, Anantnag, 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 the Rese
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 February 3, 2000 the application for Certificate of Registration submitted by the financial company Kashmir Valley Finance & Investment Co. Ltd., K.P. Road, Anantnag, 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 the Rese
ફેબ્રુ 04, 2000
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 February 3, 2000 the application for Certificate of Registration submitted by the financial company Vanguard (India) Finance Limited, Hem Ram Bora Complex, First Floor, Opp. G.L. Publication, P.O. Ulbari, Guwahati.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
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 February 3, 2000 the application for Certificate of Registration submitted by the financial company Vanguard (India) Finance Limited, Hem Ram Bora Complex, First Floor, Opp. G.L. Publication, P.O. Ulbari, Guwahati.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
ફેબ્રુ 04, 2000
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. Trade Well Finance Limited, Radhika Mansion, Kunwar Singh Chowk, Jugsalai, Jamshedpur-831 00203.02.20002.Cosmen Finance & Investment Limited 114, Jagat Trade Centre, Fraser Road, Pa
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. Trade Well Finance Limited, Radhika Mansion, Kunwar Singh Chowk, Jugsalai, Jamshedpur-831 00203.02.20002.Cosmen Finance & Investment Limited 114, Jagat Trade Centre, Fraser Road, Pa
ફેબ્રુ 01, 2000
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. Nezone Valley Finvest Private Limited Natunpara, Tezpur, Dist. Sonitpur, Assam.27.01.20002.Shree Finance and Securities Limited, Dolamundai, Mahatab Road, Pithapur, Cuttack-753 001.29.0
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. Nezone Valley Finvest Private Limited Natunpara, Tezpur, Dist. Sonitpur, Assam.27.01.20002.Shree Finance and Securities Limited, Dolamundai, Mahatab Road, Pithapur, Cuttack-753 001.29.0
જાન્યુ 31, 2000
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 27, 2000 the application for Certificate of Registration submitted by the financial company Shubhashish Finlease Private Ltd., B-27, Govardhan Nagar, Motived, Surat-395 004.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 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 January 27, 2000 the application for Certificate of Registration submitted by the financial company Shubhashish Finlease Private Ltd., B-27, Govardhan Nagar, Motived, Surat-395 004.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 Re
જાન્યુ 29, 2000
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 27, 2000 the application for Certificate of Registration submitted by the financial company Apace India Corporation Ltd., Registered Office : Kumar Tanay Vaishya Sabha, Purani Sabji Mandi, Kashipur, Udham Singh Nagar, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial inst
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 27, 2000 the application for Certificate of Registration submitted by the financial company Apace India Corporation Ltd., Registered Office : Kumar Tanay Vaishya Sabha, Purani Sabji Mandi, Kashipur, Udham Singh Nagar, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial inst
જાન્યુ 28, 2000
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 27, 2000 the application for Certificate of Registration submitted by the financial company Apace Savings and Mutual Benefit (I) Ltd., Registered Office : Kumar Tanay Vaishya Sabha, Purani Sabji Mandi, Kashipur, Udham Singh Nagar, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking f
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 27, 2000 the application for Certificate of Registration submitted by the financial company Apace Savings and Mutual Benefit (I) Ltd., Registered Office : Kumar Tanay Vaishya Sabha, Purani Sabji Mandi, Kashipur, Udham Singh Nagar, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking f
જાન્યુ 27, 2000
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 25, 2000 the application for Certificate of Registration submitted by the financial company M/s. Pushparag Savings & Investment Co. Pvt. Ltd., Old Pandapara, P.O.Pandapara, Kalibari, Dist. Jalpaiguri, West Bengal-735 132.As such, the above company cannot transact the business of a non-banking financial institution
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 25, 2000 the application for Certificate of Registration submitted by the financial company M/s. Pushparag Savings & Investment Co. Pvt. Ltd., Old Pandapara, P.O.Pandapara, Kalibari, Dist. Jalpaiguri, West Bengal-735 132.As such, the above company cannot transact the business of a non-banking financial institution
જાન્યુ 27, 2000
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 19, 2000 the application for Certificate of Registration submitted by the financial company M/s. Jeet Hire Purchase Pvt. Ltd., Registered Office : Jogipura, Near Nagarpalika, Badaun-243601, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
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 19, 2000 the application for Certificate of Registration submitted by the financial company M/s. Jeet Hire Purchase Pvt. Ltd., Registered Office : Jogipura, Near Nagarpalika, Badaun-243601, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
જાન્યુ 24, 2000
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 22, 2000 the application for Certificate of Registration submitted by the financial company M/s. Rajavir Finance Private Ltd., Jila Garden Road, Bapunagar, Rajkot-360 002.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 Rese
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 22, 2000 the application for Certificate of Registration submitted by the financial company M/s. Rajavir Finance Private Ltd., Jila Garden Road, Bapunagar, Rajkot-360 002.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 Rese
જાન્યુ 18, 2000
No extension of time limit for NBFCs : says RBI
The Reserve Bank of India has advised all non-banking financial companies (NBFCs), which had applied to Reserve Bank for grant of Certificate of Registration under section 45-IA of Reserve Bank of India Act, 1934, on or before July 9, 1997 but had not attained the minimum statutory net owned funds (NOF) of Rs.25 lakh as on January 9, 2000 that it has not extended the deadline for NBFCs to attain the minimum NOF limit.The Reserve Bank has further advised that the NBFCs
The Reserve Bank of India has advised all non-banking financial companies (NBFCs), which had applied to Reserve Bank for grant of Certificate of Registration under section 45-IA of Reserve Bank of India Act, 1934, on or before July 9, 1997 but had not attained the minimum statutory net owned funds (NOF) of Rs.25 lakh as on January 9, 2000 that it has not extended the deadline for NBFCs to attain the minimum NOF limit.The Reserve Bank has further advised that the NBFCs
જાન્યુ 13, 2000
RBI amends NBFC Directions
The Governor had announced in his Statement on 'Mid Term Review of Monetary and Credit Policy for the Year 1999-2000' issued on October 29, 1999, three major decisions in relation to Non-Banking Financial Companies (NBFCs) whereby borrowings from mutual funds are to be treated outside the purview of public deposits, the NBFCs are required to give public notice of three months prior to the closure of a branch and/or transfer of control/management by them. The RBI today
The Governor had announced in his Statement on 'Mid Term Review of Monetary and Credit Policy for the Year 1999-2000' issued on October 29, 1999, three major decisions in relation to Non-Banking Financial Companies (NBFCs) whereby borrowings from mutual funds are to be treated outside the purview of public deposits, the NBFCs are required to give public notice of three months prior to the closure of a branch and/or transfer of control/management by them. The RBI today
જાન્યુ 11, 2000
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 7, 2000 the application for Certificate of Registration submitted by the financial company Panchsheel Investment and Fintrade (P) Limited, Dr. Huge Road, Christainpatty, Nagoan-782 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
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 7, 2000 the application for Certificate of Registration submitted by the financial company Panchsheel Investment and Fintrade (P) Limited, Dr. Huge Road, Christainpatty, Nagoan-782 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
જાન્યુ 10, 2000
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 10, 2000 the application for Certificate of Registration submitted by the financial company M/s. VCK Capital Market Services Ltd., Duckback House, 41, Shekespeare Sarani, Calcutta-700 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
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 10, 2000 the application for Certificate of Registration submitted by the financial company M/s. VCK Capital Market Services Ltd., Duckback House, 41, Shekespeare Sarani, Calcutta-700 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
જાન્યુ 08, 2000
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 7, 2000 the application for Certificate of Registration submitted by the financial company M/s. Himachal Grameen Sanchayka Ltd., Sanchayka Bhawan, Chakkar, Shimla-171 005.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 Rese
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 7, 2000 the application for Certificate of Registration submitted by the financial company M/s. Himachal Grameen Sanchayka Ltd., Sanchayka Bhawan, Chakkar, Shimla-171 005.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 Rese
જાન્યુ 06, 2000
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 4, 2000 the application for Certificate of Registration submitted by the financial company M/s. Singh Finco Ltd., 28, Strand Road, Calcutta.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. Th
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 4, 2000 the application for Certificate of Registration submitted by the financial company M/s. Singh Finco Ltd., 28, Strand Road, Calcutta.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. Th
ડિસે 31, 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 29, 1999 the application for Certificate of Registration submitted by the financial company M/s. Piramal Financial Services Ltd., 4 C, D 'Suryarath', Panchwati, Ahmedabad-380 006.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, 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, 1999 the application for Certificate of Registration submitted by the financial company M/s. Piramal Financial Services Ltd., 4 C, D 'Suryarath', Panchwati, Ahmedabad-380 006.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
ડિસે 28, 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 27, 1999 the application for Certificate of Registration submitted by the financial company Ahuja Hire Purchase (P) Ltd., First Floor, Rajan Complex, Station Road, Moradabad-244 001, Uttar Pradesh.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 27, 1999 the application for Certificate of Registration submitted by the financial company Ahuja Hire Purchase (P) Ltd., First Floor, Rajan Complex, Station Road, Moradabad-244 001, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) o
ડિસે 24, 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 24, 1999 the application for Certificate of Registration submitted by the financial company Sandi Finance & Investment Limited, Mohalla Munshi Ganj, 'Purani Chauki', Sandi, Hardoi, Uttar Pradesh-241 403.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 December 24, 1999 the application for Certificate of Registration submitted by the financial company Sandi Finance & Investment Limited, Mohalla Munshi Ganj, 'Purani Chauki', Sandi, Hardoi, Uttar Pradesh-241 403.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cl
ડિસે 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 December 20, 1999 the application for Certificate of Registration submitted by the financial company M/s. Bharari Savings & Investment Finance Company Ltd., Shivshanti Apartments, Room No.17, 4th floor, Near S. T. Stand, Kulgaon, Badlapur (West), District Thane.As such, the above company cannot transact the business of 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 December 20, 1999 the application for Certificate of Registration submitted by the financial company M/s. Bharari Savings & Investment Finance Company Ltd., Shivshanti Apartments, Room No.17, 4th floor, Near S. T. Stand, Kulgaon, Badlapur (West), District Thane.As such, the above company cannot transact the business of a
ડિસે 22, 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. M/s. Vicar General Finance Company Ltd., Hill Cart Road, Siliguri, Darjeeling, West Bengal.21.12.19992.M/s. Triveni Greenery Finlease (I) Limited, 15, Diggi House, Shivaji Marg, Ram Sin
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. M/s. Vicar General Finance Company Ltd., Hill Cart Road, Siliguri, Darjeeling, West Bengal.21.12.19992.M/s. Triveni Greenery Finlease (I) Limited, 15, Diggi House, Shivaji Marg, Ram Sin
ડિસે 20, 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 18, 1999, the application for Certificate of Registration submitted by the financial company, M/s. IFB Finance Ltd., 8/1, Middleton Row, Calcutta-700 071.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 Indi
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, 1999, the application for Certificate of Registration submitted by the financial company, M/s. IFB Finance Ltd., 8/1, Middleton Row, Calcutta-700 071.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 Indi
ડિસે 18, 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 17, 1999, the application for Certificate of Registration submitted by the financial company, M/s. NTPL Finlevest Pvt. Ltd., Delight Bhavan, Asifganj Chowk, Azamgarh, 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
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 17, 1999, the application for Certificate of Registration submitted by the financial company, M/s. NTPL Finlevest Pvt. Ltd., Delight Bhavan, Asifganj Chowk, Azamgarh, 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
ડિસે 16, 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 13, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Kataria Finlease Private Limited, 5-6, Ashwarath, Nr. Usmanpura Circle, Ashram Road, Ahmedabad-380 014.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
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 13, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Kataria Finlease Private Limited, 5-6, Ashwarath, Nr. Usmanpura Circle, Ashram Road, Ahmedabad-380 014.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ડિસે 08, 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 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Tarangini Finance & Investment (India) Limited, Hanuman Galli, Zenda Chowk, Sitabuldi, Nagpur-440 012.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
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 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Tarangini Finance & Investment (India) Limited, Hanuman Galli, Zenda Chowk, Sitabuldi, Nagpur-440 012.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ડિસે 08, 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. Wizard Mutual Benefit Company Ltd., 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar Pradesh7.12.19992. Wizard Leasings Limited, 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar P
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. Wizard Mutual Benefit Company Ltd., 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar Pradesh7.12.19992. Wizard Leasings Limited, 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar P
ડિસે 07, 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 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Disha Mutual Benefits Ltd., C 3225, Rajaji Puram, Lucknow - 226 017.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 Ba
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 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Disha Mutual Benefits Ltd., C 3225, Rajaji Puram, Lucknow - 226 017.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 Ba
ડિસે 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 December 3, 1999, the application for Certificate of Registration submitted by the financial company M/s. Mortein Finlease Pvt. Ltd., 2211 Sector-13, Karnal-132 001, Haryana.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 Ba
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 3, 1999, the application for Certificate of Registration submitted by the financial company M/s. Mortein Finlease Pvt. Ltd., 2211 Sector-13, Karnal-132 001, Haryana.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 Ba
ડિસે 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 November 30, 1999, the application for Certificate of Registration submitted by the financial company M/s. Marg Holdings and Financial Services Ltd., having its Registered Office at 501, Apex Chambers, 20, Thiagaraya Road, T.Nagar, Chennai 600 017.As such, the above company cannot transact the business of a non-banking financ
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 November 30, 1999, the application for Certificate of Registration submitted by the financial company M/s. Marg Holdings and Financial Services Ltd., having its Registered Office at 501, Apex Chambers, 20, Thiagaraya Road, T.Nagar, Chennai 600 017.As such, the above company cannot transact the business of a non-banking financ
નવે 30, 1999
RBI clarifies on pending NBFC applications
A section of the press had reported that 28,232 applications of non-banking finance companies (NBFCs) are pending for registration with the Reserve Bank and there is no immediate action plan for disposal of these applications.The Reserve Bank of India has clarified that the Reserve Bank of India Act, 1934, as approved by the Parliament, NBFCs having Net Owned Funds below Rs.25 lakh have been given time up to three years to attain the norm of Rs.25 lakh. The time expir
A section of the press had reported that 28,232 applications of non-banking finance companies (NBFCs) are pending for registration with the Reserve Bank and there is no immediate action plan for disposal of these applications.The Reserve Bank of India has clarified that the Reserve Bank of India Act, 1934, as approved by the Parliament, NBFCs having Net Owned Funds below Rs.25 lakh have been given time up to three years to attain the norm of Rs.25 lakh. The time expir
નવે 25, 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 November 22, 1999, the application for Certificate of Registration submitted by the financial company, M/s. M.D.D. Mutual Benefits Ltd., 555/GA/1/58 Barabirwa, Alambagh, Lucknow.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 November 22, 1999, the application for Certificate of Registration submitted by the financial company, M/s. M.D.D. Mutual Benefits Ltd., 555/GA/1/58 Barabirwa, Alambagh, Lucknow.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
નવે 22, 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 November 22, 1999, the application for Certificate of Registration submitted by the financial company Kandoi Finance Private Ltd., Professor Para, Cuttack-753 003.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 November 22, 1999, the application for Certificate of Registration submitted by the financial company Kandoi Finance Private Ltd., Professor Para, Cuttack-753 003.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
નવે 22, 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 November 22, 1999, the application for Certificate of Registration submitted by the financial company M/s. Rapti Group of Finance Ltd., 36, Kings Road, 4th Floor, Howrah-700 001, West Bengal.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 November 22, 1999, the application for Certificate of Registration submitted by the financial company M/s. Rapti Group of Finance Ltd., 36, Kings Road, 4th Floor, Howrah-700 001, West Bengal.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
નવે 18, 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 November 17, 1999, the application for Certificate of Registration submitted by the financial company Tanjor Finlease Ltd., 501, Gupta Complex, Inderlok Chowk, 1, Old Rohtak Road, New Delhi-110 035.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sectio
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 November 17, 1999, the application for Certificate of Registration submitted by the financial company Tanjor Finlease Ltd., 501, Gupta Complex, Inderlok Chowk, 1, Old Rohtak Road, New Delhi-110 035.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sectio
નવે 16, 1999
RBI notifies changes in NBFC Regulations
The Reserve Bank of India today notified the changes in its regulations pertaining to the NBFCs for implementation. The decision to modify the regulations was announced in the Governor's Statement on Mid-Term Review of the Monetary and Credit Policy for the year 1999-2000 on October 29, 1999. The changes come into force with immediate effect.Borrowings from mutual funds exempted from public deposits The Non-Banking Financial Companies Acceptance of Public Deposits (Re
The Reserve Bank of India today notified the changes in its regulations pertaining to the NBFCs for implementation. The decision to modify the regulations was announced in the Governor's Statement on Mid-Term Review of the Monetary and Credit Policy for the year 1999-2000 on October 29, 1999. The changes come into force with immediate effect.Borrowings from mutual funds exempted from public deposits The Non-Banking Financial Companies Acceptance of Public Deposits (Re
નવે 15, 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 November 12, 1999, the application for Certificate of Registration submitted by the financial company M/s. PL Finance and Investment Ltd., 1 & 4 Apex Chambers, IIIrd Floor, 20, Thyagaraya Road, T.Nagar, Chennai-600 017.As such, the above company cannot transact the business of a non-banking financial institution as define
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 November 12, 1999, the application for Certificate of Registration submitted by the financial company M/s. PL Finance and Investment Ltd., 1 & 4 Apex Chambers, IIIrd Floor, 20, Thyagaraya Road, T.Nagar, Chennai-600 017.As such, the above company cannot transact the business of a non-banking financial institution as define
નવે 12, 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 a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Jai Jai Priyanga Finance Pvt. Ltd., 41, Visuvasapuri, I Street, Gnanaolivupuram, Madurai-625 0162.11.19992.Puberun Finance Private Limited, M.Azad Road, Nagaon, Dist. Nagaon, Ass
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 CompanyRejected on1. M/s. Jai Jai Priyanga Finance Pvt. Ltd., 41, Visuvasapuri, I Street, Gnanaolivupuram, Madurai-625 0162.11.19992.Puberun Finance Private Limited, M.Azad Road, Nagaon, Dist. Nagaon, Ass
નવે 06, 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 a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Mercard Ltd., "South India House" 36-40, Armenian Street, Chennai-600 001.4.11.19992.M/s. Bildeq Leasefin Ltd., Suit No.5, BBC Plaza, 178-180, North Usman Road, T. Nagar, Chennai
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 CompanyRejected on1. M/s. Mercard Ltd., "South India House" 36-40, Armenian Street, Chennai-600 001.4.11.19992.M/s. Bildeq Leasefin Ltd., Suit No.5, BBC Plaza, 178-180, North Usman Road, T. Nagar, Chennai
નવે 03, 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 a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Goan Overseas Housing Investment & Finance Ltd., Bhairao Building, 3rd floor, Opp. Municipal Market, Mapusa, Goa.2.11.19992.M/s. Bharatiya Development Finance Ltd., Apartment
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 CompanyRejected on1. M/s. Goan Overseas Housing Investment & Finance Ltd., Bhairao Building, 3rd floor, Opp. Municipal Market, Mapusa, Goa.2.11.19992.M/s. Bharatiya Development Finance Ltd., Apartment
ઑક્ટો 28, 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 a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Trisubh Finlease Pvt. Ltd., 90A, Lajpat Nagar-II, New Delhi-110 02426.10.19992.Mahanadi Commercial and Investment Ltd., AT/PO Kuchinada, Dist. Sambalpur, Orissa.26.10.19993.Nagar
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 CompanyRejected on1. M/s. Trisubh Finlease Pvt. Ltd., 90A, Lajpat Nagar-II, New Delhi-110 02426.10.19992.Mahanadi Commercial and Investment Ltd., AT/PO Kuchinada, Dist. Sambalpur, Orissa.26.10.19993.Nagar
ઑક્ટો 28, 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 a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Mahajan Hire Finlease (P) Ltd., 14/119, Gandhi Nagar, Aligarh-202 001, Uttar Pradesh.25.10.19992.M/s. Sansvee Finance & Leasing Ltd., 44, W.G.C. Road, Tuticorin-628 002, Tami
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 CompanyRejected on1. M/s. Mahajan Hire Finlease (P) Ltd., 14/119, Gandhi Nagar, Aligarh-202 001, Uttar Pradesh.25.10.19992.M/s. Sansvee Finance & Leasing Ltd., 44, W.G.C. Road, Tuticorin-628 002, Tami
રિઝર્વ બેંક ઑફ ઇન્ડિયા મોબાઇલ એપ્લિકેશન ઇન્સ્ટૉલ કરો અને લેટેસ્ટ ન્યૂઝનો ઝડપી ઍક્સેસ મેળવો!
પેજની છેલ્લી અપડેટની તારીખ: એપ્રિલ 22, 2025
