Press Releases - Regulating Non-Banking - ಆರ್ಬಿಐ - Reserve Bank of India
ಪತ್ರಿಕಾ ಪ್ರಕಟಣೆಗಳು
ಜೂನ್ 15, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June14, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Kamal Capital and Finlease (India) Ltd., 2, Vaishali Flats, Opposite Naya Mandi, New Deesa-385 535.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 rejected on June14, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Kamal Capital and Finlease (India) Ltd., 2, Vaishali Flats, Opposite Naya Mandi, New Deesa-385 535.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Se
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ಜೂನ್ 11, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 8, 1999, the application for Certificate of Registration submitted by Aware (India) Foundation, a Non-Banking Financial Company having its Registered Office at H.No 8-2-703/A/6/B5, Road No.12, Banjara Hills, Hyderabad-500034.As such, the above company cannot transact the business of a non-banking financial institution as
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 8, 1999, the application for Certificate of Registration submitted by Aware (India) Foundation, a Non-Banking Financial Company having its Registered Office at H.No 8-2-703/A/6/B5, Road No.12, Banjara Hills, Hyderabad-500034.As such, the above company cannot transact the business of a non-banking financial institution as
ಜೂನ್ 10, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 8, 1999, the application for Certificate of Registration submitted by the financial company, The Social Welfare Hire Purchase Company Ltd., M.S. Raza Building, Kabirpur, Nathnagar, Bhagalpur (Bihar).As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) 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 June 8, 1999, the application for Certificate of Registration submitted by the financial company, The Social Welfare Hire Purchase Company Ltd., M.S. Raza Building, Kabirpur, Nathnagar, Bhagalpur (Bihar).As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of
ಜೂನ್ 10, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 8, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Standard Economy Ltd., 28/2/1, Old Ballygunge, 2nd Lane, Calcutta-700 019As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
The Reserve Bank 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 8, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Standard Economy Ltd., 28/2/1, Old Ballygunge, 2nd Lane, Calcutta-700 019As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
ಜೂನ್ 10, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 8, 1999, the application for Certificate of Registration submitted by M/s. Enarai Capital Markets Ltd., a Non-Banking Financial Company having its Registered Office at B-1014, Station Plaza, Station Road, Bhandup (West), Mumbai 400 078. As such, the 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 June 8, 1999, the application for Certificate of Registration submitted by M/s. Enarai Capital Markets Ltd., a Non-Banking Financial Company having its Registered Office at B-1014, Station Plaza, Station Road, Bhandup (West), Mumbai 400 078. As such, the company cannot transact the business of a Non-Banking Financial Institut
ಜೂನ್ 09, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 8, 1999, the application for Certificate of Registration submitted by the financial company M/s. Rajbir Finvest Ltd., H.O. 3170, Sector 23-D, Chandigarh - 160 023.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of
The Reserve Bank 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 8, 1999, the application for Certificate of Registration submitted by the financial company M/s. Rajbir Finvest Ltd., H.O. 3170, Sector 23-D, Chandigarh - 160 023.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of
ಜೂನ್ 09, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificates of registration submitted by the undernoted financial companies:Sr. No. Name of the CompanyRejected on 1. M/s. Acceptable Finvest Company Limited, Near Hari Mandir, P.O. & P.S. Birpara, Dist. Jalpaiguri, West Bengal-735 204.8.6.1999 2.M/s. Kanwal Financiers Limited, 3170 Sector, 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 the applications for grant of a certificates of registration submitted by the undernoted financial companies:Sr. No. Name of the CompanyRejected on 1. M/s. Acceptable Finvest Company Limited, Near Hari Mandir, P.O. & P.S. Birpara, Dist. Jalpaiguri, West Bengal-735 204.8.6.1999 2.M/s. Kanwal Financiers Limited, 3170 Sector, 2
ಜೂನ್ 07, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 5, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Sunrise Investment and Finance Ltd., Shivaji Market, Railway Head Nanak Nagar, Jammu.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 5, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Sunrise Investment and Finance Ltd., Shivaji Market, Railway Head Nanak Nagar, Jammu.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
ಜೂನ್ 07, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificates of registration submitted by the undernoted financial companies: Name of the CompanyRejected on 1. M/s Trikone Finance (India) Limited, 'B'-143 Sector C, Mahanagar, Lucknow. 3.6.1999 2.M/s Trikone Leasing Company Limited, 'B'-143 Sector C, Mahanagar, Lucknow.3.6.1999As such, the above
The Reserve Bank 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 certificates of registration submitted by the undernoted financial companies: Name of the CompanyRejected on 1. M/s Trikone Finance (India) Limited, 'B'-143 Sector C, Mahanagar, Lucknow. 3.6.1999 2.M/s Trikone Leasing Company Limited, 'B'-143 Sector C, Mahanagar, Lucknow.3.6.1999As such, the above
ಜೂನ್ 07, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 5, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Nityanand Capital Serices Pvt. Ltd., Sector 2, Building A/11/11 (Ground Floor), Santinagar, Mira Road (East), District Thane-401 107.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 June 5, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Nityanand Capital Serices Pvt. Ltd., Sector 2, Building A/11/11 (Ground Floor), Santinagar, Mira Road (East), District Thane-401 107.As such, the above company cannot transact the business of a non-banking financial institut
ಜೂನ್ 04, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 3, 1999, the application for Certificate of Registration submitted by the financial company, M/s Canon Capital & Leasing (India) Ltd., 24 Kumharpara, Mangalwara Bhopal.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
The Reserve Bank 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 3, 1999, the application for Certificate of Registration submitted by the financial company, M/s Canon Capital & Leasing (India) Ltd., 24 Kumharpara, Mangalwara Bhopal.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
ಮೇ 28, 1999
RBI removes Ceiling on Bank Credit to NBFCs
The Reserve Bank of India (RBI) has removed the ceiling on bank credit in respect of all registered Non-Banking Financial Companies (NBFCs), engaged in principal business of equipment leasing, hire purchase, loan and investment activities. Banks may now assess and provide need-based finance to NBFCs, as per the loan policy laid down by them with the approval of their boards.Earlier, in respect of NBFCs, (other than RNBCs) which were registered with the Reserve Bank, b
The Reserve Bank of India (RBI) has removed the ceiling on bank credit in respect of all registered Non-Banking Financial Companies (NBFCs), engaged in principal business of equipment leasing, hire purchase, loan and investment activities. Banks may now assess and provide need-based finance to NBFCs, as per the loan policy laid down by them with the approval of their boards.Earlier, in respect of NBFCs, (other than RNBCs) which were registered with the Reserve Bank, b
ಮೇ 28, 1999
RBI prohibits Rapti Growth Fund Ltd. 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 Rapti Growth Fund Ltd., C 4, Meera Bai Marg, Lucknow from accepting deposits with effect from May 27, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powers conferred on it under Sectio
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 Rapti Growth Fund Ltd., C 4, Meera Bai Marg, Lucknow from accepting deposits with effect from May 27, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powers conferred on it under Sectio
ಮೇ 28, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 27, 1999, the application for Certificate of Registration submitted by the financial company, The Research Savings & Finance (India) Ltd., Mohini market, Exhibition Road, 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
The Reserve Bank 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 27, 1999, the application for Certificate of Registration submitted by the financial company, The Research Savings & Finance (India) Ltd., Mohini market, Exhibition Road, 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
ಮೇ 27, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on 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 Sectio
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on 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 Sectio
ಮೇ 26, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Name of the CompanyRejected on 1. M/s Reliable Securities Ltd., 1-10-73/2, III Floor, Lumbini Arcade, Begumpet, Hyderabad 500 016.24.5.1999 2.The Bihar Capital Financiers Ltd., A/91, P.C. Colony, Kankar Bagh, Patna-20.25.
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Name of the CompanyRejected on 1. M/s Reliable Securities Ltd., 1-10-73/2, III Floor, Lumbini Arcade, Begumpet, Hyderabad 500 016.24.5.1999 2.The Bihar Capital Financiers Ltd., A/91, P.C. Colony, Kankar Bagh, Patna-20.25.
ಮೇ 20, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 18, 1999, the application for Certificate of Registration submitted by M/s. Contact Securities Ltd., E-7/L-369, Arera Colony, Bhopal-462 016 for carrying on the business of a Non-Banking Financial Institution.As such, the 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 May 18, 1999, the application for Certificate of Registration submitted by M/s. Contact Securities Ltd., E-7/L-369, Arera Colony, Bhopal-462 016 for carrying on the business of a Non-Banking Financial Institution.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a)
ಮೇ 19, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 18, 1999 the application for certificate of registration submitted by the financial company M/s. Mahakaushal Finvest Ltd., 73, Royal Market Road, Opposite Motia Talab, Bhopal 462 001.As such, the above company cannot transact the business of a non-banking financial institution, as defined in Clause (a) of Section 45 I 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 May 18, 1999 the application for certificate of registration submitted by the financial company M/s. Mahakaushal Finvest Ltd., 73, Royal Market Road, Opposite Motia Talab, Bhopal 462 001.As such, the above company cannot transact the business of a non-banking financial institution, as defined in Clause (a) of Section 45 I of
ಮೇ 18, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 17, 1999, the application for Certificate of Registration submitted by M/s. Minerva Finance (I) Ltd., a Non-Banking Financial Company having its Registered Office at Panskura Railway Station Bazar, Post Office - Panskura, District Midnapore, West Bengal.As such, the company cannot transact the business of a Non-Banking Fi
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 17, 1999, the application for Certificate of Registration submitted by M/s. Minerva Finance (I) Ltd., a Non-Banking Financial Company having its Registered Office at Panskura Railway Station Bazar, Post Office - Panskura, District Midnapore, West Bengal.As such, the company cannot transact the business of a Non-Banking Fi
ಮೇ 14, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 13, 1999, the application for Certificate of Registration submitted by M/s JKA Financial Services Ltd., a Non-Banking Financial Company having its Registered Office at S.C.O. 18, Sector 20-D, 1st floor, Chandigarh.As such, the 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 May 13, 1999, the application for Certificate of Registration submitted by M/s JKA Financial Services Ltd., a Non-Banking Financial Company having its Registered Office at S.C.O. 18, Sector 20-D, 1st floor, Chandigarh.As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Claus
ಮೇ 12, 1999
RBI prohibits Trikone Mutual Benefits Ltd. 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 Trikone Mutual Benefits Ltd., B-143, Sector C, Mahanagar Lucknow from accepting deposits with effect from May 12, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powers conferred on it
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 Trikone Mutual Benefits Ltd., B-143, Sector C, Mahanagar Lucknow from accepting deposits with effect from May 12, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powers conferred on it
ಮೇ 12, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 11, 1999, the application for certificate of registration submitted by M/s Farrukhabad Investment (India) Ltd., a Non-Banking financial Comapny having its Registered Office at (near) I. T. I. Chauraha, Farrukhabad, Uttar Pradesh.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 May 11, 1999, the application for certificate of registration submitted by M/s Farrukhabad Investment (India) Ltd., a Non-Banking financial Comapny having its Registered Office at (near) I. T. I. Chauraha, Farrukhabad, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution
ಮೇ 06, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 4, 1999 the application for certificate of registration submitted by the financial company M/s. Prestigious Finance & Investment (I) Ltd., Swayamsidhi Commercial Complex, Exhibition Road, 1st Floor, Patna-800 001.As such, the above company cannot transact the business of a non-banking financial institution as defined
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 4, 1999 the application for certificate of registration submitted by the financial company M/s. Prestigious Finance & Investment (I) Ltd., Swayamsidhi Commercial Complex, Exhibition Road, 1st Floor, Patna-800 001.As such, the above company cannot transact the business of a non-banking financial institution as defined
ಮೇ 05, 1999
RBI list of NBFCs registered and permitted to accept Public Deposits and those which have been denied registration to function as NBFC On RBI website
The Reserve Bank of India has on its website (URL: http://www.rbi.org.in) released the all India lists of non-banking financial companies.584 non-banking financial companies (NBFCs) whose applications for certificate for registration under Section 45IA of RBI Act, 1934 have been approved and have been allowed to hold/accept deposits from public; and1032 NBFCs including Residuary Non-Banking Companies (RNBCs) whose applications for certificate of registration under Sec
The Reserve Bank of India has on its website (URL: http://www.rbi.org.in) released the all India lists of non-banking financial companies.584 non-banking financial companies (NBFCs) whose applications for certificate for registration under Section 45IA of RBI Act, 1934 have been approved and have been allowed to hold/accept deposits from public; and1032 NBFCs including Residuary Non-Banking Companies (RNBCs) whose applications for certificate of registration under Sec
ಮೇ 03, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 28, 1999 the application for certificate of registration submitted by the financial company M/s. Immaculate Finance & investment Company Ltd., E 3, Vijay Tower, 6th Floor, Ankur Commercial Complex, Ankur Road, Naranpura, Ahmedabad-380 013.As such, the above company cannot transact the business of a non-banking finan
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 28, 1999 the application for certificate of registration submitted by the financial company M/s. Immaculate Finance & investment Company Ltd., E 3, Vijay Tower, 6th Floor, Ankur Commercial Complex, Ankur Road, Naranpura, Ahmedabad-380 013.As such, the above company cannot transact the business of a non-banking finan
ಏಪ್ರಿ 26, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 23, 1999 the application for certificate of registration submitted by the financial company M/s. Cee Kay Leasing and Finance Ltd., 75, Rajpur Road, Dehradun-248 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 23, 1999 the application for certificate of registration submitted by the financial company M/s. Cee Kay Leasing and Finance Ltd., 75, Rajpur Road, Dehradun-248 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank
ಏಪ್ರಿ 12, 1999
Escrow Account Facility for NBFCs to exit from Public Deposits
The Reserve Bank of India today announced that non-banking financial companies (NBFCs) presently holding public deposits will be allowed to park an amount equivalent to the amount of outstanding public deposits together with the present value of future interest differentials (between the yield on investments and the obligation of the company to pay the rate of interest) in an escrow account subject to certain conditions.The escrow account facility to NBFCs will be sub
The Reserve Bank of India today announced that non-banking financial companies (NBFCs) presently holding public deposits will be allowed to park an amount equivalent to the amount of outstanding public deposits together with the present value of future interest differentials (between the yield on investments and the obligation of the company to pay the rate of interest) in an escrow account subject to certain conditions.The escrow account facility to NBFCs will be sub
ಏಪ್ರಿ 05, 1999
RBI prohibits Kuber Mutual Benefits Ltd. 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 Kuber Mutual Benefits Ltd., Kuber Bhavan, Begum Bridge Road, Meerut, Uttar Pradesh, from accepting deposits with effect from April 5, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powe
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 Kuber Mutual Benefits Ltd., Kuber Bhavan, Begum Bridge Road, Meerut, Uttar Pradesh, from accepting deposits with effect from April 5, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powe
ಏಪ್ರಿ 05, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 1, 1999 the application for certificate of registration submitted by the financial company M/s.Maharaja Finance & Investment Co. Ltd., 24, Sitabagh Colony, Dhenu Market, Indore-452 003.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 April 1, 1999 the application for certificate of registration submitted by the financial company M/s.Maharaja Finance & Investment Co. Ltd., 24, Sitabagh Colony, Dhenu Market, Indore-452 003.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 4
ಮಾರ್ಚ್ 05, 1999
RBI cautions against unauthorised use of RBI name by NBFCs
It has come to the notice of the Reserve Bank of India (RBI) that certain Non-Banking Finance Companies (NBFCs) and other persons are unauthorisedly using the RBI's name in their advertisements/neon sign boards and/or such other material while soliciting public deposits. Such display of the RBI's name by the registered NBFCs whether registered or unregistered, and unincorporated bodies in any manner whatsoever, is not only unauthorised and improper but it may also att
It has come to the notice of the Reserve Bank of India (RBI) that certain Non-Banking Finance Companies (NBFCs) and other persons are unauthorisedly using the RBI's name in their advertisements/neon sign boards and/or such other material while soliciting public deposits. Such display of the RBI's name by the registered NBFCs whether registered or unregistered, and unincorporated bodies in any manner whatsoever, is not only unauthorised and improper but it may also att
ಫೆಬ್ರವರಿ 17, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 15, 1999 the application for certificate of registration submitted by M/s. Kothari Orient Finance Ltd., having its Registered Office at Kothari Buildings, 114, Mahatma Gandhi Road, Nungambakkam, Chennai-600 034.As such, the above company cannot transact the business of a non-banking financial institution as defined 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 February 15, 1999 the application for certificate of registration submitted by M/s. Kothari Orient Finance Ltd., having its Registered Office at Kothari Buildings, 114, Mahatma Gandhi Road, Nungambakkam, Chennai-600 034.As such, the above company cannot transact the business of a non-banking financial institution as defined i
ಫೆಬ್ರವರಿ 16, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 12, 1999 the application for certificate of registration submitted by the financial company M/s. Precede Housing & Finance Co. Ltd., FE/12/2, Vidyasagar Pally, P.O. Jyangra, Baguiati, Calcutta - 700 059.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cl
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 12, 1999 the application for certificate of registration submitted by the financial company M/s. Precede Housing & Finance Co. Ltd., FE/12/2, Vidyasagar Pally, P.O. Jyangra, Baguiati, Calcutta - 700 059.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cl
ಫೆಬ್ರವರಿ 16, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 12, 1999 the application for certificate of registration submitted by the financial company M/s. Satadal Savings & Investment Ltd., 137, S. P. Mukherjee Road, Unit 18 (1st Floor), Calcutta - 700 026.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 12, 1999 the application for certificate of registration submitted by the financial company M/s. Satadal Savings & Investment Ltd., 137, S. P. Mukherjee Road, Unit 18 (1st Floor), Calcutta - 700 026.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ಫೆಬ್ರವರಿ 09, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 5, 1999 the application for certificate of registration submitted by M/s Enarai Finance Ltd., a Non-Banking Financial Company having its Registered Office at B-104, Station Plaza, Station Road, Bhandup (West), Mumbai 400 078.As such, the above company cannot transact the business of a non-banking financial institutio
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 5, 1999 the application for certificate of registration submitted by M/s Enarai Finance Ltd., a Non-Banking Financial Company having its Registered Office at B-104, Station Plaza, Station Road, Bhandup (West), Mumbai 400 078.As such, the above company cannot transact the business of a non-banking financial institutio
ಫೆಬ್ರವರಿ 02, 1999
Application for grant of Certificate of Registration rejected
February 2, 1999The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Marigold Motor Advances (India) Ltd., SCO-846 Shivalik Enclave, Manimajra, Chandigarh28.1.1999 2.M/s. Marigold Leasing (India) Ltd., SCO-846 Shivalik Enclave, Mani
February 2, 1999The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Marigold Motor Advances (India) Ltd., SCO-846 Shivalik Enclave, Manimajra, Chandigarh28.1.1999 2.M/s. Marigold Leasing (India) Ltd., SCO-846 Shivalik Enclave, Mani
ಜನವರಿ 14, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 12, 1999, the application for certificate of registration submitted by M/s. Vasanthi Finance Ltd., having its Registered Office at 22-240/5, Nandita Complex, Opp. KPHB Colony, Kukatpally, Hyderabad-500 072.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 12, 1999, the application for certificate of registration submitted by M/s. Vasanthi Finance Ltd., having its Registered Office at 22-240/5, Nandita Complex, Opp. KPHB Colony, Kukatpally, Hyderabad-500 072.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
ಜನವರಿ 14, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Memorial Finance & Investment (I) Ltd., 71/IA, Patuatola Lane, Calcutta-700 009.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Memorial Finance & Investment (I) Ltd., 71/IA, Patuatola Lane, Calcutta-700 009.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
ಜನವರಿ 14, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Pittie Finance Ltd., 713, Raheja Centre, Nariman Point, Mumbai 400 021..As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
The Reserve Bank 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 13, 1999 the application for certificate of registration submitted by the financial company M/s. Pittie Finance Ltd., 713, Raheja Centre, Nariman Point, Mumbai 400 021..As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
ಜನವರಿ 13, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 11, 1999, the application for certificate of registration submitted by the financial company M/s. Singal Leasefin Ltd., Singal House, 2367, Kalupur, Kot-Ni-Rang, Ahmedabad-380 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I 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 January 11, 1999, the application for certificate of registration submitted by the financial company M/s. Singal Leasefin Ltd., Singal House, 2367, Kalupur, Kot-Ni-Rang, Ahmedabad-380 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of
ಜನವರಿ 12, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates 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. S. M. Finance Ltd. No.6, Upper Ground Floor, Nalanda Apartment, Somajiguda, Hyderabad-500 08209.01.1999 2.M/s. Madhusudan
The Reserve Bank 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 non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. S. M. Finance Ltd. No.6, Upper Ground Floor, Nalanda Apartment, Somajiguda, Hyderabad-500 08209.01.1999 2.M/s. Madhusudan
ಜನವರಿ 08, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Midwest Mutual Fund Ltd.1-10-73/1, Airport Road, Begumpet, Hyderabad-500 016.7.1.1999 2.M/s. Midwest Hire Purchase Ltd.1-1
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of 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. Midwest Mutual Fund Ltd.1-10-73/1, Airport Road, Begumpet, Hyderabad-500 016.7.1.1999 2.M/s. Midwest Hire Purchase Ltd.1-1
ಜನವರಿ 08, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 7, 1999 the application for certificate of registration submitted by the financial company M/s. KMF Securities Limited, 1018, Bansal Chambers, Arya Samaj Road, Karol Baug, New Delhi- 110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 7, 1999 the application for certificate of registration submitted by the financial company M/s. KMF Securities Limited, 1018, Bansal Chambers, Arya Samaj Road, Karol Baug, New Delhi- 110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
ಜನವರಿ 05, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 31, 1998, the application for certificate of registration submitted by M/s. Genius Financial Services Ltd., having its Registered Office at 1-10-7 & 8, 1st floor, S.P. Road, Begumpet, Hyderabad-500 016.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cla
The Reserve Bank 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, 1998, the application for certificate of registration submitted by M/s. Genius Financial Services Ltd., having its Registered Office at 1-10-7 & 8, 1st floor, S.P. Road, Begumpet, Hyderabad-500 016.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cla
ಜನವರಿ 04, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 31, 1998 the application for certificate of registration submitted by the financial company M/s. AP Finleasing India Ltd., 55-B, First Floor, Maurya Lok Complex, Patna-800001.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 31, 1998 the application for certificate of registration submitted by the financial company M/s. AP Finleasing India Ltd., 55-B, First Floor, Maurya Lok Complex, Patna-800001.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
ಜನವರಿ 04, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 2, 1999, the application for certificate of registration submitted by the financial company Jyothirmayi Finance Ltd., 1-2-365/26, R. K. Mutt Road, Damalguda, Hyderabad-500 029.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 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 January 2, 1999, the application for certificate of registration submitted by the financial company Jyothirmayi Finance Ltd., 1-2-365/26, R. K. Mutt Road, Damalguda, Hyderabad-500 029.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
ಜನವರಿ 04, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Bloom Financial Services Limited, 5A/4A, Ansari Road, Darya Ganj, New Delhi-110 002.29.12.1998 2.Bright Leasing & Finance Limited, B. 1 House,54, Janpath, New Delhi-110 00129.12.199
The Reserve Bank 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.Bloom Financial Services Limited, 5A/4A, Ansari Road, Darya Ganj, New Delhi-110 002.29.12.1998 2.Bright Leasing & Finance Limited, B. 1 House,54, Janpath, New Delhi-110 00129.12.199
ಜನವರಿ 01, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 31, 1998, the application for certificate of registration submitted by the financial company M/s. Nagarjuna Capital Markets Ltd., 56, Nagarjuna Hills, Panjagutta, Hyderabad-500 082.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I o
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 31, 1998, the application for certificate of registration submitted by the financial company M/s. Nagarjuna Capital Markets Ltd., 56, Nagarjuna Hills, Panjagutta, Hyderabad-500 082.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I o
ಜನವರಿ 01, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Allianz Capital & Management Services Limited, C-2, Green Park Extension, New Delhi-110 016.30.12.1998 2.M/s. AP Finleasing India Limited, 55-B, First Floor, Maurya Lok C
The Reserve Bank 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. Allianz Capital & Management Services Limited, C-2, Green Park Extension, New Delhi-110 016.30.12.1998 2.M/s. AP Finleasing India Limited, 55-B, First Floor, Maurya Lok C
ಡಿಸೆಂ 31, 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 29, 1998, the application for certificate of registration submitted by M/s. Sanmac Motor Finance Ltd., a Non-Banking Financial Company having its Registered Office at Gems Court, A-8, 1st Floor, 14, K. N. K. Road, Chennai-600 006.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 December 29, 1998, the application for certificate of registration submitted by M/s. Sanmac Motor Finance Ltd., a Non-Banking Financial Company having its Registered Office at Gems Court, A-8, 1st Floor, 14, K. N. K. Road, Chennai-600 006.As such, the above company cannot transact the business of a non-banking financial insti
ಡಿಸೆಂ 31, 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.Cubex Securities Limited, 3-1-248/1, Somasundaram Street, Secunderabad.30.12.1998 2.Ravileela Financial Services Limited, Survey No.203, Sampanna Bolu Village, Shameerpet, R.R.District3
The Reserve Bank 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.Cubex Securities Limited, 3-1-248/1, Somasundaram Street, Secunderabad.30.12.1998 2.Ravileela Financial Services Limited, Survey No.203, Sampanna Bolu Village, Shameerpet, R.R.District3
ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ಮೊಬೈಲ್ ಅಪ್ಲಿಕೇಶನ್ ಅನ್ನು ಇನ್ಸ್ಟಾಲ್ ಮಾಡಿ ಮತ್ತು ಇತ್ತೀಚಿನ ಸುದ್ದಿಗಳಿಗೆ ತ್ವರಿತ ಅಕ್ಸೆಸ್ ಪಡೆಯಿರಿ!
ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಜುಲೈ 24, 2024
