Press Releases - Regulating Non-Banking - ಆರ್ಬಿಐ - Reserve Bank of India
ಪತ್ರಿಕಾ ಪ್ರಕಟಣೆಗಳು
ಮಾರ್ಚ್ 29, 2003
NBFC Regulations modified
Balance sheet formatThe Reserve Bank of India has today asked all Non-Banking Financial Companies (NBFCs) to attach, effective from the financial year ending March 31, 2003, a schedule to their balance sheet and give certain additional particulars. The Reserve Bank has prescribed a format prescribed for the schedule which includes information on borrowerwise and investorwise exposure to related parties, position of non-performing assets and business levels in lease an
Balance sheet formatThe Reserve Bank of India has today asked all Non-Banking Financial Companies (NBFCs) to attach, effective from the financial year ending March 31, 2003, a schedule to their balance sheet and give certain additional particulars. The Reserve Bank has prescribed a format prescribed for the schedule which includes information on borrowerwise and investorwise exposure to related parties, position of non-performing assets and business levels in lease an
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ಮಾರ್ಚ್ 25, 2003
Reserve Bank rejects application for Certificate of Registration of Phoenix International Finance Limited
The Reserve Bank of India, has on March 19, 2003 rejected the application for certificate of registration submitted by Phoenix International Finance Limited having its office at 3rd floor, Gopala Tower, 25, Rajendra Place, New Delhi-110 008 for carrying on the business of a non-banking financial institution. Following rejection of application for certificate of registration, Phoenix International Finance Limited can not transact the business of a non-banking financial
The Reserve Bank of India, has on March 19, 2003 rejected the application for certificate of registration submitted by Phoenix International Finance Limited having its office at 3rd floor, Gopala Tower, 25, Rajendra Place, New Delhi-110 008 for carrying on the business of a non-banking financial institution. Following rejection of application for certificate of registration, Phoenix International Finance Limited can not transact the business of a non-banking financial
ಮಾರ್ಚ್ 22, 2003
Reserve Bank Cancels Certificate of Registration of Yashaswi Limited
The Reserve Bank of India, has on March 21, 2003 cancelled the certificate of registration granted to Yashaswi Limited having its registered office at S.F-10, City Point, 13, Infantry Road, Bangalore-560 001, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Yashaswi Limited cannot transact the business of a non-banking financial institution. The company has also been prohibited from acceptance of
The Reserve Bank of India, has on March 21, 2003 cancelled the certificate of registration granted to Yashaswi Limited having its registered office at S.F-10, City Point, 13, Infantry Road, Bangalore-560 001, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Yashaswi Limited cannot transact the business of a non-banking financial institution. The company has also been prohibited from acceptance of
ಮಾರ್ಚ್ 19, 2003
Certificate of Registration cancelled - Team Finance Company Ltd.
The Reserve 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 March 12, 2003 the certificate of registration issued to Team Finance Company Ltd., 404, Janpath Towers, Ashok Nagar, Bhubaneshwar, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Se
The Reserve 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 March 12, 2003 the certificate of registration issued to Team Finance Company Ltd., 404, Janpath Towers, Ashok Nagar, Bhubaneshwar, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Se
ಮಾರ್ಚ್ 17, 2003
Rejection of application for certificate of registration
It is hereby notified for the information of public that the Reserve Bank 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 10, 2003 the application for certificate of registration submitted by Bharat Projects Limited, 24, Dakshineswar, 10, Hailey Road, New Delhi-110 001 for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the b
It is hereby notified for the information of public that the Reserve Bank 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 10, 2003 the application for certificate of registration submitted by Bharat Projects Limited, 24, Dakshineswar, 10, Hailey Road, New Delhi-110 001 for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the b
ಮಾರ್ಚ್ 07, 2003
ARCs to submit Registration Application to RBI by March 20
The Reserve Bank of India has notified the format of the application form which is to be submitted by the securitisation companies or reconstruction companies. These companies are required to apply to the Reserve Bank for registration under Section 3 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The application form can be accessed on the Reserve Bank's web site www.rbi.org.in. The Reserve Bank has also cl
The Reserve Bank of India has notified the format of the application form which is to be submitted by the securitisation companies or reconstruction companies. These companies are required to apply to the Reserve Bank for registration under Section 3 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The application form can be accessed on the Reserve Bank's web site www.rbi.org.in. The Reserve Bank has also cl
ಮಾರ್ಚ್ 03, 2003
RBI lowers ceiling on interest rates paid by NBFCs on deposits
The Reserve Bank of India today announced a revision in the maximum rate of interest which the non-banking financial companies (NBFCs) can offer on their public deposits. Taking into account the market conditions and changes in other interest rates in the entire financial system, the maximum rate of interest that NBFCs can pay on their public deposits, has been revised to 11 per cent per annum. The revision will be effective from March 4, 2003. The Reserve Bank has al
The Reserve Bank of India today announced a revision in the maximum rate of interest which the non-banking financial companies (NBFCs) can offer on their public deposits. Taking into account the market conditions and changes in other interest rates in the entire financial system, the maximum rate of interest that NBFCs can pay on their public deposits, has been revised to 11 per cent per annum. The revision will be effective from March 4, 2003. The Reserve Bank has al
ಫೆಬ್ರವರಿ 12, 2003
Certificate of Registration cancelled - IndusInd Leasing Ltd.
The Reserve 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 February 8, 2003 the certificate of registration issued to IndusInd Leasing Ltd., SCO: 44, Sector 41-D, Chandigarh, for carrying on the business of a Non-Banking Financial Institution. 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 cancelled on February 8, 2003 the certificate of registration issued to IndusInd Leasing Ltd., SCO: 44, Sector 41-D, Chandigarh, for carrying on the business of a Non-Banking Financial Institution. 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
ಫೆಬ್ರವರಿ 08, 2003
Certificate of Registration Cancelled
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled on January 30, 2003, the certificate of registration issued to Scotia Finance Private Limited, Upper Ground Floor, Dr.Gopal Das Bhavan, 28, Barakhamba Road, New Delhi-110 001 to carry on the business of a non-banking financial institution as the company has opted to e
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled on January 30, 2003, the certificate of registration issued to Scotia Finance Private Limited, Upper Ground Floor, Dr.Gopal Das Bhavan, 28, Barakhamba Road, New Delhi-110 001 to carry on the business of a non-banking financial institution as the company has opted to e
ಫೆಬ್ರವರಿ 08, 2003
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(4) of the Reserve Bank of India Act, 1934, has rejected on February 4, 2003 the application for certificate of registration submitted by Yule Financing and Leasing Company Limited, Yule House, 8, Dr. Rajendra Prasad Sarani, Kokata-700 001 for carrying on the business of a Non-Banking Financial Institution As such, the above company cannot transact the business of a non-banking fin
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(4) of the Reserve Bank of India Act, 1934, has rejected on February 4, 2003 the application for certificate of registration submitted by Yule Financing and Leasing Company Limited, Yule House, 8, Dr. Rajendra Prasad Sarani, Kokata-700 001 for carrying on the business of a Non-Banking Financial Institution As such, the above company cannot transact the business of a non-banking fin
ಜನವರಿ 24, 2003
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 31, 2002 the application for certificate of registration submitted by Sahakar Finance and Investment Co. Ltd., at Hanuman Galli, Sitaburdi, Nagpur-440 012, for carrying on the business of a Non-Banking Financial Institution.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 December 31, 2002 the application for certificate of registration submitted by Sahakar Finance and Investment Co. Ltd., at Hanuman Galli, Sitaburdi, Nagpur-440 012, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking financial institution
ಜನವರಿ 23, 2003
Certificate of Registration cancelled
The Reserve 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 January 17, 2003 the certificate of registration issued to Sran Finvest Private Limited, G. T. Road, Near Truck Union, Moga, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 4
The Reserve 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 January 17, 2003 the certificate of registration issued to Sran Finvest Private Limited, G. T. Road, Near Truck Union, Moga, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 4
ಜನವರಿ 16, 2003
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 09, 2003 the application for certificate of registration submitted by Lakshmi Capitals Limited, 310, Lal Kuan, M.B. Road, New Delhi - 110044 to carry on the business of a Non-Banking Financial Institution. 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 January 09, 2003 the application for certificate of registration submitted by Lakshmi Capitals Limited, 310, Lal Kuan, M.B. Road, New Delhi - 110044 to carry on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
ಜನವರಿ 14, 2003
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. Kaynet Capital Ltd., 10-B, 3rd Floor, Haji Kassam Building, 66, Tarmarind Lane, Fort, Mumbai-400 023January 7, 20032. M/s. Prime Investrade Financial Services Ltd., Haji Adam Mansion, 6
The Reserve Bank 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. Kaynet Capital Ltd., 10-B, 3rd Floor, Haji Kassam Building, 66, Tarmarind Lane, Fort, Mumbai-400 023January 7, 20032. M/s. Prime Investrade Financial Services Ltd., Haji Adam Mansion, 6
ಜನವರಿ 13, 2003
Certificate of Registration cancelled
The Reserve 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 December 14 2002 the certificate of registration issued to Interact Leasing & Finance Limited, 8-H, Gopala Tower, Rajendra Place, New Delhi-110 008, for carrying on the business of a Non-Banking Financial Institution.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 cancelled on December 14 2002 the certificate of registration issued to Interact Leasing & Finance Limited, 8-H, Gopala Tower, Rajendra Place, New Delhi-110 008, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking financial institution as defined
ಜನವರಿ 13, 2003
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, 2003 the application for certificate of registration submitted by Flex International Limited (formerly Mangalam High Seas Limited), M-107, Greater Kailash-II, New Delhi-110 048, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-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 January 10, 2003 the application for certificate of registration submitted by Flex International Limited (formerly Mangalam High Seas Limited), M-107, Greater Kailash-II, New Delhi-110 048, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-bank
ಜನವರಿ 10, 2003
Certificate of Registration cancelled
The Reserve 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 December 17, 2002 the certificate of registration issued to Merbanc Financial Services Limited, 204 Ganga Estate, 6-3-350, Nagarjuna Circle, Hyderabad-500 034, for carrying on the business of a Non-Banking Financial Institution.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 cancelled on December 17, 2002 the certificate of registration issued to Merbanc Financial Services Limited, 204 Ganga Estate, 6-3-350, Nagarjuna Circle, Hyderabad-500 034, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking financial institution as
ಜನವರಿ 09, 2003
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(4) of the Reserve Bank of India Act, 1934, has rejected on January 8, 2003 the application for certificate of registration submitted by Sanchayani Savings & Investment (I) Ltd., Block `A', 9 X, Kalyani Town, Dist.Nadia, West Bengal for carrying on the business of a Non-Banking Financial Institution 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(4) of the Reserve Bank of India Act, 1934, has rejected on January 8, 2003 the application for certificate of registration submitted by Sanchayani Savings & Investment (I) Ltd., Block `A', 9 X, Kalyani Town, Dist.Nadia, West Bengal for carrying on the business of a Non-Banking Financial Institution As such, the above company cannot transact the business of a non-banking financ
ಜನವರಿ 09, 2003
NBFCs with Net Owned Fund ( NOF) of less than Rs 25 lakh to stop carrying on the business of NBFC
The Reserve Bank of India has directed that, NBFCs (other than those exempted from the provisions of Section 45-IA of the Reserve Bank of India Act, 1934), which have not achieved the minimum Net Owned Fund of Rs 25 lakh by January 9, 2003, are not entitled to continue the business of a non-banking financial institution beyond that date irrespective of whether or not the decision of the Reserve Bank of India on the application of the company for certificate of registr
The Reserve Bank of India has directed that, NBFCs (other than those exempted from the provisions of Section 45-IA of the Reserve Bank of India Act, 1934), which have not achieved the minimum Net Owned Fund of Rs 25 lakh by January 9, 2003, are not entitled to continue the business of a non-banking financial institution beyond that date irrespective of whether or not the decision of the Reserve Bank of India on the application of the company for certificate of registr
ಜನವರಿ 08, 2003
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, 2003 the applications for certificate of registration submitted by the following companies for carrying on the business of a Non-Banking Financial Institution: Sr.No.Name of the CompanyRejected on(i)M/s. Alka Securities Limited 306/307, Manubhai Towers Opp. M.S.Towers Opp. M.S. University Vadodra - 390 005. 04.01.2
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 rejected on January 4, 2003 the applications for certificate of registration submitted by the following companies for carrying on the business of a Non-Banking Financial Institution: Sr.No.Name of the CompanyRejected on(i)M/s. Alka Securities Limited 306/307, Manubhai Towers Opp. M.S.Towers Opp. M.S. University Vadodra - 390 005. 04.01.2
ಜನವರಿ 08, 2003
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 the applications for certificate of registration of the following companies for commencing the business of Non-Banking Financial Institution on January 6, 2003.(i) Sonali Vinimay Private Limited, 2, Ganesh Chandra Avenue, 2nd Floor, Room No.5, Kolkata -700013.(ii) Shibani Dealers Private Limited, P-27, Princep Street, 3rd Floor,
The Reserve Bank 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 of the following companies for commencing the business of Non-Banking Financial Institution on January 6, 2003.(i) Sonali Vinimay Private Limited, 2, Ganesh Chandra Avenue, 2nd Floor, Room No.5, Kolkata -700013.(ii) Shibani Dealers Private Limited, P-27, Princep Street, 3rd Floor,
ಜನವರಿ 07, 2003
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 1, 2003 the application for certificate of registration submitted by M/s Pancharatna Finance and Investment Ltd., A. T. Road, Guwahati-1, for carrying on the business of a Non-Banking Financial Institution.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 January 1, 2003 the application for certificate of registration submitted by M/s Pancharatna Finance and Investment Ltd., A. T. Road, Guwahati-1, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
ಜನವರಿ 04, 2003
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 3, 2003 the application for certificate of registration submitted by Dev Securities Private Ltd., 4/181, Kodambakkam High Road, Nungambakkam, Chennai-600 034, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institut
The Reserve Bank 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 3, 2003 the application for certificate of registration submitted by Dev Securities Private Ltd., 4/181, Kodambakkam High Road, Nungambakkam, Chennai-600 034, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institut
ಡಿಸೆಂ 27, 2002
Certificate of Registration Cancelled
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled on December 24, 2002, the certificate of registration issued to DCL Finance Limited, DCL Chambers, 6-3-569/1, Opposite RTA Office, Somajiguda, Hyderabad-500 082 to carry on the business of a non-banking financial institution.As such, the above company cannot transact
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled on December 24, 2002, the certificate of registration issued to DCL Finance Limited, DCL Chambers, 6-3-569/1, Opposite RTA Office, Somajiguda, Hyderabad-500 082 to carry on the business of a non-banking financial institution.As such, the above company cannot transact
ಡಿಸೆಂ 27, 2002
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 on December 24, 2002 the application for certificate of registration submitted by Prakash Mutual Benefits Ltd., Prakash Bhawan, Near I. T. I., Civil Lines, Deoria-274 001, 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 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 24, 2002 the application for certificate of registration submitted by Prakash Mutual Benefits Ltd., Prakash Bhawan, Near I. T. I., Civil Lines, Deoria-274 001, 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 the
ಡಿಸೆಂ 21, 2002
Cancellation of the certificate of registration as `surrendered'
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled as surrendered on December 16, 2002, the certificate of registration issued to Sree Lalithamba Auto and General Finance Private Limited, 3-2-392 and 3-2-393, Budhvarpet, Bus Stand Road, Nirmal, Andhra Pradesh-504 106 to carry on the business of a non-banking financial
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled as surrendered on December 16, 2002, the certificate of registration issued to Sree Lalithamba Auto and General Finance Private Limited, 3-2-392 and 3-2-393, Budhvarpet, Bus Stand Road, Nirmal, Andhra Pradesh-504 106 to carry on the business of a non-banking financial
ನವೆಂ 23, 2002
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 13, 2002 the application for certificate of registration submitted by Securex Financial Services (India) Limited, at 23, Nariman Bhavan, Nariman Point, Mumbai 400 021 for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking financial
The Reserve Bank 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 13, 2002 the application for certificate of registration submitted by Securex Financial Services (India) Limited, at 23, Nariman Bhavan, Nariman Point, Mumbai 400 021 for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking financial
ನವೆಂ 13, 2002
Rejection of application for certificate of registration
It is hereby notified for the information of public that the Reserve Bank 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 11, 2002 the application for certificate of registration submitted by NMR Investments Private Limited, C-4, Rams Apartments, Door No.3, 8th Street, Gopalapuram, Chennai-600 086 for carrying on the business of a Non-Banking Financial Institution. As such, the ab
It is hereby notified for the information of public that the Reserve Bank 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 11, 2002 the application for certificate of registration submitted by NMR Investments Private Limited, C-4, Rams Apartments, Door No.3, 8th Street, Gopalapuram, Chennai-600 086 for carrying on the business of a Non-Banking Financial Institution. As such, the ab
ಅಕ್ಟೋ 31, 2002
Certificate of Registration Cancelled
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled as surrendered on October 28, 2002, the certificate of registration issued to Amaravathi Finance Private limited, No.22-A, Desikar Street, Vadapalani, Chennai-600 026 to carry on the business of a non-banking financial institution.As such, the above company cannot tra
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled as surrendered on October 28, 2002, the certificate of registration issued to Amaravathi Finance Private limited, No.22-A, Desikar Street, Vadapalani, Chennai-600 026 to carry on the business of a non-banking financial institution.As such, the above company cannot tra
ಅಕ್ಟೋ 28, 2002
Certificate of Registration Cancelled as Surrendered
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled as `surrendered' on October 26, 2002, the certificate of registration issued to Mahaan Hire Purchase and Finance Limited, 5-11-1028/1, Yellamgutta, Nizamabad-503 003 to carry on the business of a Non-Banking Financial Institution. As such, the above company cannot tra
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled as `surrendered' on October 26, 2002, the certificate of registration issued to Mahaan Hire Purchase and Finance Limited, 5-11-1028/1, Yellamgutta, Nizamabad-503 003 to carry on the business of a Non-Banking Financial Institution. As such, the above company cannot tra
ಅಕ್ಟೋ 28, 2002
Rejection of application for certificate of registration
It is hereby notified for the information of public that the Reserve Bank 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 16, 2002 the application for certificate of registration submitted by Pacific Trafin Limited, 6, Old Court House Street, 5th floor, Kolkata-700 001 to commence the business of a Non-Banking Financial Institution. As such, the above company cannot transact the bu
It is hereby notified for the information of public that the Reserve Bank 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 16, 2002 the application for certificate of registration submitted by Pacific Trafin Limited, 6, Old Court House Street, 5th floor, Kolkata-700 001 to commence the business of a Non-Banking Financial Institution. As such, the above company cannot transact the bu
ಅಕ್ಟೋ 26, 2002
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 17, 2002 the application for certificate of registration submitted by Shakti Fiscal Ventures Pvt. Ltd., at Shakti House, Wardha Road, Nagpur-400 012, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking financial institution as def
The Reserve Bank 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 17, 2002 the application for certificate of registration submitted by Shakti Fiscal Ventures Pvt. Ltd., at Shakti House, Wardha Road, Nagpur-400 012, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-banking financial institution as def
ಅಕ್ಟೋ 26, 2002
Certificate of Registration Cancelled as `surrendered'
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled as `surrendered' on October 25, 2002, the certificate of registration issued to Beeyamaar Finance Private Limited, D.No.40-9-72, Kalanagar, Vijayawada, Andhra Pradesh-520 010 to carry on the business of a Non-Banking Financial Institution. As such, the above company c
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled as `surrendered' on October 25, 2002, the certificate of registration issued to Beeyamaar Finance Private Limited, D.No.40-9-72, Kalanagar, Vijayawada, Andhra Pradesh-520 010 to carry on the business of a Non-Banking Financial Institution. As such, the above company c
ಅಕ್ಟೋ 26, 2002
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 22, 2002 the application for certificate of registration submitted by Mafatlal Finance Company Ltd., 407, Dimple Arcade, Asha Nagar, Off Western Express Highway, Thakur Complex, Kandivli (East), Mumbai-400 101, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transa
The Reserve Bank 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 22, 2002 the application for certificate of registration submitted by Mafatlal Finance Company Ltd., 407, Dimple Arcade, Asha Nagar, Off Western Express Highway, Thakur Complex, Kandivli (East), Mumbai-400 101, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transa
ಅಕ್ಟೋ 23, 2002
Rejection of applications for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(4) of the Reserve Bank of India Act, 1934, has rejected the applications for certificate of registration of the following companies for commencing the business of non-banking financial institutions: Name of the CompanyRejected on 1)Manorama Tracom Private LimitedOctober 12, 2002 2, Ganesh Chandra Avenue, 2nd Floor, Kolkata-700 013 2)Jayanti Agency Pvt. Ltd.,October 12, 2002 P-27,
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(4) of the Reserve Bank of India Act, 1934, has rejected the applications for certificate of registration of the following companies for commencing the business of non-banking financial institutions: Name of the CompanyRejected on 1)Manorama Tracom Private LimitedOctober 12, 2002 2, Ganesh Chandra Avenue, 2nd Floor, Kolkata-700 013 2)Jayanti Agency Pvt. Ltd.,October 12, 2002 P-27,
ಅಕ್ಟೋ 22, 2002
Rejection of Application for Certificate of Registration
It is hereby notified for the information of public that the Reserve Bank 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 26, 2002 the application for certificate of registration submitted by Waldevi Trading Company Pvt. Ltd., A-8, Vijayalaxmi Chamber, Artillery Centre Road, Nashik Road-422 101, for carrying on the business of a Non-Banking Financial Institution.As such, the above c
It is hereby notified for the information of public that the Reserve Bank 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 26, 2002 the application for certificate of registration submitted by Waldevi Trading Company Pvt. Ltd., A-8, Vijayalaxmi Chamber, Artillery Centre Road, Nashik Road-422 101, for carrying on the business of a Non-Banking Financial Institution.As such, the above c
ಅಕ್ಟೋ 19, 2002
Certificate of Registration Cancelled
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under sub-section (6) of Section 45 IA of the Reserve Bank of India Act, 1934, has cancelled the certificate of registration issued to Plus Finance Limited, having registered at 44-B, Hotel Chalukya Annexe, Race Course Road, Bangalore-560 001.As such, the above company cannot transact the business of a non-banking financial institution, as defi
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under sub-section (6) of Section 45 IA of the Reserve Bank of India Act, 1934, has cancelled the certificate of registration issued to Plus Finance Limited, having registered at 44-B, Hotel Chalukya Annexe, Race Course Road, Bangalore-560 001.As such, the above company cannot transact the business of a non-banking financial institution, as defi
ಅಕ್ಟೋ 12, 2002
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 10, 2002 the application for certificate of registration submitted by Wisec Global Limited, B-6/7, Commercial Complex, Safdarjung Enclave, New Delhi-110 029, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial instituti
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on October 10, 2002 the application for certificate of registration submitted by Wisec Global Limited, B-6/7, Commercial Complex, Safdarjung Enclave, New Delhi-110 029, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial instituti
ಅಕ್ಟೋ 11, 2002
Certificate of Registration cancelled
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled on October 9, 2002 the certificate of Registration granted to ICDS Limited having its registered office at Syndicate House, Manipal-576 119, Udupi District, Karnataka. 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 RBI Act, 1934.
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has cancelled on October 9, 2002 the certificate of Registration granted to ICDS Limited having its registered office at Syndicate House, Manipal-576 119, Udupi District, Karnataka. 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 RBI Act, 1934.
ಅಕ್ಟೋ 10, 2002
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 4, 2002 the application for certificate of registration submitted by Kumar Auto Finance Private Limited, 317-A, Pocket-II, Mayur Vihar, Phase-I, New Delhi-110 091, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial ins
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on October 4, 2002 the application for certificate of registration submitted by Kumar Auto Finance Private Limited, 317-A, Pocket-II, Mayur Vihar, Phase-I, New Delhi-110 091, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial ins
ಅಕ್ಟೋ 01, 2002
RBI Modifies NBFC Regulations
The Reserve Bank of India today announced that non-banking financial companies (NBFCs) should necessarily hold their investments in Government Securities only in dematerialised form, either in a Constituent's Subsidiary General Ledger Account (CSGL) with a scheduled commercial bank / Stock Holding Corporation of India Ltd. or with a depository. The NBFCs have been permitted, as a special case, time up to October 31, 2002 to dematerialise the securities/bonds held by t
The Reserve Bank of India today announced that non-banking financial companies (NBFCs) should necessarily hold their investments in Government Securities only in dematerialised form, either in a Constituent's Subsidiary General Ledger Account (CSGL) with a scheduled commercial bank / Stock Holding Corporation of India Ltd. or with a depository. The NBFCs have been permitted, as a special case, time up to October 31, 2002 to dematerialise the securities/bonds held by t
ಸೆಪ್ಟೆಂ 28, 2002
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 on September 27, 2002 the application for certificate of registration submitted by Uplease Financial Services Ltd., Khushnuma Complex, 7, Meerabai Marg, Lucknow, 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 the Reserve B
The Reserve Bank 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 27, 2002 the application for certificate of registration submitted by Uplease Financial Services Ltd., Khushnuma Complex, 7, Meerabai Marg, Lucknow, 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 the Reserve B
ಸೆಪ್ಟೆಂ 23, 2002
Certificate of Registration Cancelled
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under sub-section (6) of Section 45 IA of the Reserve Bank of India Act, 1934, has cancelled as surrendered on September 19, 2002 the certificate of registration No.07.00379 dated November 25, 1998 issued to Indian Finance and Factors Limited, having registered at 66 (new No.131) Royapettah High Road, Mylapore, Chennai-600 004, to carry on the
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under sub-section (6) of Section 45 IA of the Reserve Bank of India Act, 1934, has cancelled as surrendered on September 19, 2002 the certificate of registration No.07.00379 dated November 25, 1998 issued to Indian Finance and Factors Limited, having registered at 66 (new No.131) Royapettah High Road, Mylapore, Chennai-600 004, to carry on the
ಸೆಪ್ಟೆಂ 05, 2002
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(6) of the Reserve Bank of India Act, 1934, has rejected on September 2, 2002 the application for certificate of registration submitted by Todi Hire Purchase & Lease Finance Ltd., having its registered office at 1/1, Camac Street, 3rd Floor, Kolkata-700 016, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the busin
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(6) of the Reserve Bank of India Act, 1934, has rejected on September 2, 2002 the application for certificate of registration submitted by Todi Hire Purchase & Lease Finance Ltd., having its registered office at 1/1, Camac Street, 3rd Floor, Kolkata-700 016, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the busin
ಸೆಪ್ಟೆಂ 03, 2002
Rejection of application for certificate of registration
It is hereby notified for the information of public that the Reserve Bank 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 30, 2002 the application for certificate of registration submitted by M/s. S. C. M. Fintrade Private Limited, 210 Mohan Palace, Saraswati Vihar, Delhi-110 034 to commence the business of a Non-Banking Financial Institution. As such, the above company cannot trans
It is hereby notified for the information of public that the Reserve Bank 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 30, 2002 the application for certificate of registration submitted by M/s. S. C. M. Fintrade Private Limited, 210 Mohan Palace, Saraswati Vihar, Delhi-110 034 to commence the business of a Non-Banking Financial Institution. As such, the above company cannot trans
ಸೆಪ್ಟೆಂ 02, 2002
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 31, 2002 the application for certificate of registration submitted by Pear Life India Limited, Surya Complex, Vellorkunnam Junction, Muvattupuzha, Kerala-686 673, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial insti
The Reserve Bank 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 31, 2002 the application for certificate of registration submitted by Pear Life India Limited, Surya Complex, Vellorkunnam Junction, Muvattupuzha, Kerala-686 673, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial insti
ಆಗ 28, 2002
Certificate of Registration Cancelled
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(6) of the Reserve Bank of India Act, 1934, has cancelled on August 26, 2002 the certificate of registration issued to Shravani Financial Services Private Limited (formerly known as Pesala Financial Services Limited), 302, Lumbini Enclave, 6-3-665, Punjagutta, Hyderabad-500 082, to carry on the business of a Non-Banking Finan
It is hereby notified for the information of public that the Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(6) of the Reserve Bank of India Act, 1934, has cancelled on August 26, 2002 the certificate of registration issued to Shravani Financial Services Private Limited (formerly known as Pesala Financial Services Limited), 302, Lumbini Enclave, 6-3-665, Punjagutta, Hyderabad-500 082, to carry on the business of a Non-Banking Finan
ಆಗ 27, 2002
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 26, 2002 the application for certificate of registration submitted by Kaimur Finance Limited, K-Max Building, Suguna More, Patna-800 001, for carrying on the business of a Non-Banking Financial Institution. 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 August 26, 2002 the application for certificate of registration submitted by Kaimur Finance Limited, K-Max Building, Suguna More, Patna-800 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
ಆಗ 26, 2002
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 22, 2002 the application for certificate of registration submitted by Jedi Investments and Finances Limited, Madikeri, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 4
The Reserve Bank 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 22, 2002 the application for certificate of registration submitted by Jedi Investments and Finances Limited, Madikeri, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 4
ಆಗ 26, 2002
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 23, 2002 the application for certificate of registration submitted by Coimbatore Lakshmi Investment and Finance Company Limited, Krishna Towers, 1087-D, Avanashi Road, Coimbatore-641 037, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a no
The Reserve Bank 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 23, 2002 the application for certificate of registration submitted by Coimbatore Lakshmi Investment and Finance Company Limited, Krishna Towers, 1087-D, Avanashi Road, Coimbatore-641 037, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a no
ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ಮೊಬೈಲ್ ಅಪ್ಲಿಕೇಶನ್ ಅನ್ನು ಇನ್ಸ್ಟಾಲ್ ಮಾಡಿ ಮತ್ತು ಇತ್ತೀಚಿನ ಸುದ್ದಿಗಳಿಗೆ ತ್ವರಿತ ಅಕ್ಸೆಸ್ ಪಡೆಯಿರಿ!
ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಜುಲೈ 24, 2024
