Press Releases - Regulating Non-Banking - આરબીઆઈ - Reserve Bank of India
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ડિસે 19, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 15, 1998 the application for certificate of registration submitted by the financial company M/s. Casion Leasing & Finance (India) Ltd.,230 B, AJC Bose Road, Calcutta-700020.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 15, 1998 the application for certificate of registration submitted by the financial company M/s. Casion Leasing & Finance (India) Ltd.,230 B, AJC Bose Road, Calcutta-700020.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
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ડિસે 19, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 18, 1998, the application for certificate of registration submitted by M/s. Bhumica Lease Finance Ltd., a Non-Banking Financial Company having its Registered Office at Poonam Complex, Unjha-384 170 (North Gujarat).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 December 18, 1998, the application for certificate of registration submitted by M/s. Bhumica Lease Finance Ltd., a Non-Banking Financial Company having its Registered Office at Poonam Complex, Unjha-384 170 (North Gujarat).As such, the above company cannot transact the business of a non-banking financial institution as defined
ડિસે 18, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 17, 1998, the application for certificate of registration submitted by M/s. First Financial Services Ltd., having its Registered Office at No.11, III Main Road, Seethammal Colony, Alwarpet, Chennai-600 018 for carrying on the business of a Non-banking Financial Institution.As such, the above company cannot transact 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 December 17, 1998, the application for certificate of registration submitted by M/s. First Financial Services Ltd., having its Registered Office at No.11, III Main Road, Seethammal Colony, Alwarpet, Chennai-600 018 for carrying on the business of a Non-banking Financial Institution.As such, the above company cannot transact th
ડિસે 18, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 16, 1998 the application for certificate of registration submitted by the financial company M/s. Metro General Credits Ltd., Grace Building, 25, Menchols Road, Chetput, Chennai-600 031.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 December 16, 1998 the application for certificate of registration submitted by the financial company M/s. Metro General Credits Ltd., Grace Building, 25, Menchols Road, Chetput, Chennai-600 031.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
ડિસે 16, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. M. M. Leasing Limited, House No.57, Sector 28-A, Chandigarh. 15.12.1998 2.M/s. Sagitarian Finlease Ltd., B-15, Gulmohar Park, New Delhi- 110 049.15.12.1998As such, the above compan
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. M. M. Leasing Limited, House No.57, Sector 28-A, Chandigarh. 15.12.1998 2.M/s. Sagitarian Finlease Ltd., B-15, Gulmohar Park, New Delhi- 110 049.15.12.1998As such, the above compan
ડિસે 16, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 16, 1998 the application for certificate of registration submitted by the financial company Silpa Finance & Investments Private Ltd., 3-1-630, Vijay Raghunandan Nagar,Karimnagar, Hyderabad-505 002.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 December 16, 1998 the application for certificate of registration submitted by the financial company Silpa Finance & Investments Private Ltd., 3-1-630, Vijay Raghunandan Nagar,Karimnagar, Hyderabad-505 002.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a
ડિસે 15, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 14, 1998, the application for certificate of registration submitted by the financial company M/s. Kurmanchal Lease & Investment Ltd., 72-C, Upper Portion, Prasad Nagar, Karol baugh, New Delhi-110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Claus
The Reserve Bank 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 14, 1998, the application for certificate of registration submitted by the financial company M/s. Kurmanchal Lease & Investment Ltd., 72-C, Upper Portion, Prasad Nagar, Karol baugh, New Delhi-110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Claus
ડિસે 14, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 11, 1998, the application for certificate of registration submitted by the financial company Nandy Investments Ltd.,101, Building No.9, Somdutt Chamber-II, Bhikaji Cama Place, 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
The Reserve Bank 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 11, 1998, the application for certificate of registration submitted by the financial company Nandy Investments Ltd.,101, Building No.9, Somdutt Chamber-II, Bhikaji Cama Place, 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
ડિસે 14, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 12, 1998 the application for certificate of registration submitted by the financial company M/s. Sagar Suri Estates and Finance Ltd., Sagar Apartments, 6, Tilak Marg, New Delhi-110 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
The Reserve Bank 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 12, 1998 the application for certificate of registration submitted by the financial company M/s. Sagar Suri Estates and Finance Ltd., Sagar Apartments, 6, Tilak Marg, New Delhi-110 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
ડિસે 12, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Master Fincorp Private Ltd.Door No.27-6-177/A, Prakasam Road, Governerpet, Vijayawada-520 00211-12-1998 2.M/s Shagun Finleas
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Master Fincorp Private Ltd.Door No.27-6-177/A, Prakasam Road, Governerpet, Vijayawada-520 00211-12-1998 2.M/s Shagun Finleas
ડિસે 12, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s Ketaki International and Finance Ltd.A-12, Raj Industrial Complex, Military Road, Marol, Andheri(E), Mumbai-400 05911-12
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s Ketaki International and Finance Ltd.A-12, Raj Industrial Complex, Military Road, Marol, Andheri(E), Mumbai-400 05911-12
ડિસે 12, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Krishna Sai Jayachakra Hire Purchase Ltd.4-11-120, Bhavani Road, Kamareddy (A.P.)10-12-1998 2.Sri Ratnasai Finseec Ltd.Vaddi
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Krishna Sai Jayachakra Hire Purchase Ltd.4-11-120, Bhavani Road, Kamareddy (A.P.)10-12-1998 2.Sri Ratnasai Finseec Ltd.Vaddi
ડિસે 12, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Nandy Investments Ltd.101, Buliding No.9, Somdutt Chamber-II, Bhikaji Cama Place, New Delhi11-12-1998As such, the above comp
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Nandy Investments Ltd.101, Buliding No.9, Somdutt Chamber-II, Bhikaji Cama Place, New Delhi11-12-1998As such, the above comp
ડિસે 11, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 5, 1998, the application for certificate of registration submitted by M/s.Mantora Investment Ltd., a non-banking financial company having its Registered Office at 13A, Prassanna Kumar St., Calcutta-700 006.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 December 5, 1998, the application for certificate of registration submitted by M/s.Mantora Investment Ltd., a non-banking financial company having its Registered Office at 13A, Prassanna Kumar St., Calcutta-700 006.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
ડિસે 11, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Yogi Leasing & Finance Ltd.Yogi House, Laksar Road, Kankhal, Haridwar (U.P.)8.12.1998 2.GIL Leasing & Hire Purc
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Yogi Leasing & Finance Ltd.Yogi House, Laksar Road, Kankhal, Haridwar (U.P.)8.12.1998 2.GIL Leasing & Hire Purc
ડિસે 11, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Gild Edge Finance Ltd.3, Community Centre, 2nd Floor Area, Lawrence Road, Delhi-110 0359.12.1998 2.M/s. Gondwana Finance
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Gild Edge Finance Ltd.3, Community Centre, 2nd Floor Area, Lawrence Road, Delhi-110 0359.12.1998 2.M/s. Gondwana Finance
ડિસે 11, 1998
RBI prohibits Lions Mutual Benefits Ltd., Lucknow from accepting deposits
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K (4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Lions Mutual Benefits Ltd., A-7, Sector J, Aliganj, Lucknow, from accepting deposits with effect from December 11, 1998 and the company is prohibited from accepting deposits from the existing depositors/certificate holders, in any form, whe
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K (4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Lions Mutual Benefits Ltd., A-7, Sector J, Aliganj, Lucknow, from accepting deposits with effect from December 11, 1998 and the company is prohibited from accepting deposits from the existing depositors/certificate holders, in any form, whe
ડિસે 10, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Schematic Finance Ltd.Schematic House, 18/1021, Main Arya Samaj Road, Karol Bagh, New Delhi 110 0055.12.1998 2.Udayasree Fina
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Schematic Finance Ltd.Schematic House, 18/1021, Main Arya Samaj Road, Karol Bagh, New Delhi 110 0055.12.1998 2.Udayasree Fina
ડિસે 10, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial company:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Sri Chakra Financial Services Ltd.6-3-802, Sri Chakra Chambers, Ameerpet, Hyderabad-506 0168.12.1998As such, the above company
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial company:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Sri Chakra Financial Services Ltd.6-3-802, Sri Chakra Chambers, Ameerpet, Hyderabad-506 0168.12.1998As such, the above company
ડિસે 09, 1998
Application for grant of Certificate of Registration rejected
December 9, 1998The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Abhinandan Housing & Finance (I) Ltd.J.K. Kedia Road, Hojai, Assam - 782 4352.12.1998 2.M/s. Meghfin
December 9, 1998The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Abhinandan Housing & Finance (I) Ltd.J.K. Kedia Road, Hojai, Assam - 782 4352.12.1998 2.M/s. Meghfin
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