Rejection of application for certificate of registration - आरबीआई - Reserve Bank of India
53594631
27 मई 1999 को प्रकाशित
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 26, 1999, the application for Certificate of Registration submitted by the financial company The Social Welfare Savings & Finance Ltd., M. S. Raza Building, Kabirpur, Nathnagar, Bhagalpur (Bihar).
As such, the 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 Act, 1934.
Rupambara Padhi
Manager
Press Release : 1998-99/1466
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