Press Releases - Regulating Non-Banking - ಆರ್ಬಿಐ - Reserve Bank of India
ಪತ್ರಿಕಾ ಪ್ರಕಟಣೆಗಳು
ನವೆಂ 21, 2001
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 7, 2001 the application for certificate of registration submitted by M/s. Merlin Leasing Investment Private Ltd., having its registered office at 76, Habibullah Road, T. Nagar, Chennai-600017, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business
The Reserve Bank 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 7, 2001 the application for certificate of registration submitted by M/s. Merlin Leasing Investment Private Ltd., having its registered office at 76, Habibullah Road, T. Nagar, Chennai-600017, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business
ನವೆಂ 09, 2001
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 7, 2001 the application for certificate of registration submitted by M/s. Fidelity Finance Ltd., having its registered office at `Aarti Chambers', 189, Anna Salai, Chennai-600 006, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-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 November 7, 2001 the application for certificate of registration submitted by M/s. Fidelity Finance Ltd., having its registered office at `Aarti Chambers', 189, Anna Salai, Chennai-600 006, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-ban
ನವೆಂ 06, 2001
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 October 24, 2001 the application for certificate of registration submitted by M/s. Kakatiya Credit and Commercial Ltd.,Gouri Shankar Complex, 2nd Floor, Station Road, Warangal, Andhra Pradesh-506 002. 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 October 24, 2001 the application for certificate of registration submitted by M/s. Kakatiya Credit and Commercial Ltd.,Gouri Shankar Complex, 2nd Floor, Station Road, Warangal, Andhra Pradesh-506 002. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sec
ನವೆಂ 03, 2001
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 2, 2001 the application for certificate of registration submitted by M/s. Sunderban Dealers Pvt. Ltd., 168/A, Cotton Street, 4th Floor, Kolkata-700 007. 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 November 2, 2001 the application for certificate of registration submitted by M/s. Sunderban Dealers Pvt. Ltd., 168/A, Cotton Street, 4th Floor, Kolkata-700 007. 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
ಅಕ್ಟೋ 31, 2001
RBI lowers Ceiling on NBFC Deposit Rates
The Reserve Bank of India today announced a revision in the maximum rate of interest which the non-banking financial companies can offer on their public deposits. Taking into account the market conditions and changes in other interest rates in the system, the maximum rate of interest that NBFCs can pay on their public deposits has been reduced, effective from November 1, 2001 from 14 per cent to 12.5 per cent per annum. Other stipulations regarding the interest rate r
The Reserve Bank of India today announced a revision in the maximum rate of interest which the non-banking financial companies can offer on their public deposits. Taking into account the market conditions and changes in other interest rates in the system, the maximum rate of interest that NBFCs can pay on their public deposits has been reduced, effective from November 1, 2001 from 14 per cent to 12.5 per cent per annum. Other stipulations regarding the interest rate r
ಅಕ್ಟೋ 05, 2001
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 on October 3, 2001 rejected the application for certificate of registration submitted by Siel Financial Services Ltd., 4th floor, Soni Mansion, 12-B, Ratlam Kothi, Indore-452001(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 I of the Act. The co
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has on October 3, 2001 rejected the application for certificate of registration submitted by Siel Financial Services Ltd., 4th floor, Soni Mansion, 12-B, Ratlam Kothi, Indore-452001(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 I of the Act. The co
ಅಕ್ಟೋ 05, 2001
RBI rejects Star Venture Private Limited's application for certificate of registration as NBFC
The Reserve Bank 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 September 28, 2001 the application for grant of certificate of registration submitted by M/s Star Venture Private Limited. The company has its Registered Office at Shantivan-II, G-6 Doctors Colony, Lohia Nagar, Kankarbagh, Patna - 800020. As such, it cannot transact the business of a non-banking financial institution as defin
The Reserve Bank 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 September 28, 2001 the application for grant of certificate of registration submitted by M/s Star Venture Private Limited. The company has its Registered Office at Shantivan-II, G-6 Doctors Colony, Lohia Nagar, Kankarbagh, Patna - 800020. As such, it cannot transact the business of a non-banking financial institution as defin
ಅಕ್ಟೋ 01, 2001
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 September 28, 2001 he application for certificate of registration submitted by M/s.Mahamedha Investment & Finance (India) Ltd., 2428, Chipiwara Kalan, Near Jama Masjid, New Delhi 110 006. 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 September 28, 2001 he application for certificate of registration submitted by M/s.Mahamedha Investment & Finance (India) Ltd., 2428, Chipiwara Kalan, Near Jama Masjid, New Delhi 110 006. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
ಸೆಪ್ಟೆಂ 29, 2001
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 September 28, 2001 the application for certificate of registration submitted by the M/s. Prithvi Credit & Leasing Ltd., 398/22 Ramee's Centre, North Avenue, Santacruz, Mumbai 400 054. 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 September 28, 2001 the application for certificate of registration submitted by the M/s. Prithvi Credit & Leasing Ltd., 398/22 Ramee's Centre, North Avenue, Santacruz, Mumbai 400 054. 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
ಸೆಪ್ಟೆಂ 29, 2001
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 September 28, 2001 the application for certificate of registration submitted by M/s.Bhagwati Auto Credits & Finance Ltd., S-8, Hallet Road, Near Fire Service Station, Moradabad-244 001 (U.P.). 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 September 28, 2001 the application for certificate of registration submitted by M/s.Bhagwati Auto Credits & Finance Ltd., S-8, Hallet Road, Near Fire Service Station, Moradabad-244 001 (U.P.). As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
ಸೆಪ್ಟೆಂ 25, 2001
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 September 20, 2001 the application for certificate of registration submitted by M/s. Roxy Motor Finance Private Ltd., Shop No.135, JDA Complex, Nehru Market, Jammu, Jammu & 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 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 September 20, 2001 the application for certificate of registration submitted by M/s. Roxy Motor Finance Private Ltd., Shop No.135, JDA Complex, Nehru Market, Jammu, Jammu & 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 t
ಸೆಪ್ಟೆಂ 12, 2001
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 cancelled on September 11, 2001 the for certificate of registration granted to Crystal Credits Corporation Ltd.,Crystal House, G-17G, South Extension-II, New Delhi-110 049. 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 cancelled on September 11, 2001 the for certificate of registration granted to Crystal Credits Corporation Ltd.,Crystal House, G-17G, South Extension-II, New Delhi-110 049. 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
ಸೆಪ್ಟೆಂ 07, 2001
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 application for certificate of registration submitted by the following non-banking financial company:Name of the CompanyRejected on1. Frontline Industrial & Credits Corporation Ltd., Frontline Complex, Sheesh Mahal, kathgodam (Nainital)August 30, 2001 As such, the above company cannot transact the business of a non-banki
The Reserve Bank 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 application for certificate of registration submitted by the following non-banking financial company:Name of the CompanyRejected on1. Frontline Industrial & Credits Corporation Ltd., Frontline Complex, Sheesh Mahal, kathgodam (Nainital)August 30, 2001 As such, the above company cannot transact the business of a non-banki
ಸೆಪ್ಟೆಂ 03, 2001
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. Chirag Tie-up Pvt. Ltd.,August 30, 2001 168/A, Cotton Street, 4th Floor, Kolkata-700 007. 2.M/s. Chowrangee Marketing Pvt. Ltd.,August 30, 2001 168/A, Cotton Street, 4th Floor, Kolkat
The Reserve Bank 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. Chirag Tie-up Pvt. Ltd.,August 30, 2001 168/A, Cotton Street, 4th Floor, Kolkata-700 007. 2.M/s. Chowrangee Marketing Pvt. Ltd.,August 30, 2001 168/A, Cotton Street, 4th Floor, Kolkat
ಆಗ 31, 2001
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 company:Name of the CompanyRejected on Chakrapani Mutual Benefit Ltd., Registered Office : G-7 Indira Nagar, Lucknow, Uttar PradeshAugust 23, 2001 As such, the above company cannot transact the business of a non-banking financial 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 the applications for certificate of registration submitted by the following non-banking financial company:Name of the CompanyRejected on Chakrapani Mutual Benefit Ltd., Registered Office : G-7 Indira Nagar, Lucknow, Uttar PradeshAugust 23, 2001 As such, the above company cannot transact the business of a non-banking financial in
ಆಗ 20, 2001
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on August 17, 2001 the application for certificate of registration submitted by M/s.Bhagyashali Agrotech (India) Ltd., C-1,717-718, Madangir, New Delhi-110 062. 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 August 17, 2001 the application for certificate of registration submitted by M/s.Bhagyashali Agrotech (India) Ltd., C-1,717-718, Madangir, New Delhi-110 062. 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
ಆಗ 03, 2001
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on August 2, 2001 the application for certificate of registration submitted by the M/s. Sai Finance & Investment (India) Ltd., F-3/Chandan, 2nd Floor, Tilve Building, Erasmo Carvallo Street, Margao Salcete, Goa-403 601. 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 August 2, 2001 the application for certificate of registration submitted by the M/s. Sai Finance & Investment (India) Ltd., F-3/Chandan, 2nd Floor, Tilve Building, Erasmo Carvallo Street, Margao Salcete, Goa-403 601. As such, the above company cannot transact the business of a non-banking financial institution as defined
ಜುಲೈ 31, 2001
Non-banking non-financial companies need not send deposit returns to RBI
The Reserve Bank of India has reiterated that non-banking non-financial companies need not submit the return of deposits to the Reserve Bank. There is, however, no change in the instructions in relation to non-banking financial companies. It may be recalled that in terms of the provisions contained in the Companies Act, 1956, the non-banking non-financial companies are required to submit the return on deposits mobilised by them to the Registrar of Companies. Copies of
The Reserve Bank of India has reiterated that non-banking non-financial companies need not submit the return of deposits to the Reserve Bank. There is, however, no change in the instructions in relation to non-banking financial companies. It may be recalled that in terms of the provisions contained in the Companies Act, 1956, the non-banking non-financial companies are required to submit the return on deposits mobilised by them to the Registrar of Companies. Copies of
ಜುಲೈ 18, 2001
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, 2001 the application for certificate of registration submitted by M/s. Apollo Tradelink Pvt. Ltd., P-27, Princep Street, 3rd Floor, Kolkata-700 007.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 June 29, 2001 the application for certificate of registration submitted by M/s. Apollo Tradelink Pvt. Ltd., P-27, Princep Street, 3rd Floor, Kolkata-700 007.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,
ಜುಲೈ 02, 2001
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 25, 2001 the application for certificate of registration submitted by M/s. Sagar Securities Private Limited having its Registered Office at 801 A Ashiana Plaza, Budh Marg, 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 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 June 25, 2001 the application for certificate of registration submitted by M/s. Sagar Securities Private Limited having its Registered Office at 801 A Ashiana Plaza, Budh Marg, 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 I
ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಜುಲೈ 24, 2024