Press Releases - Regulating Non-Banking - ആർബിഐ - Reserve Bank of India
പത്രക്കുറിപ്പുകൾ
നവം 29, 2019
Application for initiation of corporate insolvency resolution process against Dewan Housing Finance Corporation Limited filed under the Insolvency and Bankruptcy Code, 2016
The Reserve Bank has today (November 29, 2019) filed an application for initiation of corporate insolvency resolution process against Dewan Housing Finance Corporation Limited under Section 227 read with clause (zk) of sub-section (2) of Section 239 of the Insolvency and Bankruptcy Code (IBC), 2016 read with Rules 5 and 6 of the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudication Authority) R
The Reserve Bank has today (November 29, 2019) filed an application for initiation of corporate insolvency resolution process against Dewan Housing Finance Corporation Limited under Section 227 read with clause (zk) of sub-section (2) of Section 239 of the Insolvency and Bankruptcy Code (IBC), 2016 read with Rules 5 and 6 of the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudication Authority) R
പിഡിഎഫ് (
നവം 20, 2019
Supersession of the Board of Directors and Appointment of Administrator - Dewan Housing Finance Corporation Limited
In exercise of the powers conferred under Section 45-IE (I) of the Reserve Bank of India Act, 1934, the Reserve Bank has today superseded the Board of Directors of Dewan Housing Finance Corporation Limited (DHFL) owing to governance concerns and defaults by DHFL in meeting various payment obligations. Shri R. Subramaniakumar, ex-MD and CEO of Indian Overseas Bank has been appointed as the Administrator under Section 45-IE (2) of the Act. The Reserve Bank also intends
In exercise of the powers conferred under Section 45-IE (I) of the Reserve Bank of India Act, 1934, the Reserve Bank has today superseded the Board of Directors of Dewan Housing Finance Corporation Limited (DHFL) owing to governance concerns and defaults by DHFL in meeting various payment obligations. Shri R. Subramaniakumar, ex-MD and CEO of Indian Overseas Bank has been appointed as the Administrator under Section 45-IE (2) of the Act. The Reserve Bank also intends
നവം 15, 2019
RBI cancels Certificate of Registration of 25 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Hindon Investment Ltd. B-110, Office No. 107, First Floor, South Ganesh Nagar, Delhi-110 092 14.00487 March 19, 1998 August 30, 2019 2. Shina
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Hindon Investment Ltd. B-110, Office No. 107, First Floor, South Ganesh Nagar, Delhi-110 092 14.00487 March 19, 1998 August 30, 2019 2. Shina
നവം 15, 2019
Five NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Protech Financials Private Limited D-70, Panchsheel Enclave, New Delhi-110 017 14
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Protech Financials Private Limited D-70, Panchsheel Enclave, New Delhi-110 017 14
നവം 08, 2019
RBI cancels Certificate of Registration of Twenty Seven NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. MSR Securities Private Limited RZ—D-26 Nihal Vihar, Nangloi, Delhi-110 041 14.00174 March 03, 1998 August 22, 2019 2. Laxman Investments Limi
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. MSR Securities Private Limited RZ—D-26 Nihal Vihar, Nangloi, Delhi-110 041 14.00174 March 03, 1998 August 22, 2019 2. Laxman Investments Limi
നവം 06, 2019
RBI releases the Report of the Working Group to Review the Regulatory and Supervisory Framework for Core Investment Companies
The Reserve Bank of India had constituted a Working Group (WG) to Review Regulatory and Supervisory Framework for Core Investment Companies (CICs), on July 03, 2019, with Shri Tapan Ray, former Secretary, Ministry of Corporate Affairs, Government of India as the Chairperson. The WG has submitted its report to the Governor. The key recommendations of the WG are as follows: Capital contribution by a CIC in a step-down CIC, over and above 10% of its owned funds, should b
The Reserve Bank of India had constituted a Working Group (WG) to Review Regulatory and Supervisory Framework for Core Investment Companies (CICs), on July 03, 2019, with Shri Tapan Ray, former Secretary, Ministry of Corporate Affairs, Government of India as the Chairperson. The WG has submitted its report to the Governor. The key recommendations of the WG are as follows: Capital contribution by a CIC in a step-down CIC, over and above 10% of its owned funds, should b
നവം 01, 2019
Cancellation of Certificate of Authorisation
The Reserve Bank of India, in exercise of the powers conferred on it under the Payment and Settlement Systems Act, 2007, has cancelled the Certificate of Authorisation (CoA) of the below mentioned Payment System Operator (PSO): Company's Name Registered Office Address CoA No. & Date Payment System Authorised Date of Cancellation My Mobile Payments Limited MOM House, Plot No. 61, Ramchandra Lane, Kanchpada, Malad (West), Mumbai 400064 46/2011 dated 24.10.2011 Issua
The Reserve Bank of India, in exercise of the powers conferred on it under the Payment and Settlement Systems Act, 2007, has cancelled the Certificate of Authorisation (CoA) of the below mentioned Payment System Operator (PSO): Company's Name Registered Office Address CoA No. & Date Payment System Authorised Date of Cancellation My Mobile Payments Limited MOM House, Plot No. 61, Ramchandra Lane, Kanchpada, Malad (West), Mumbai 400064 46/2011 dated 24.10.2011 Issua
ഒക്ടോ 15, 2019
Cancellation of Certificate of Registration of Asset Reconstruction Company
The Reserve Bank of India, in exercise of powers conferred on it under Section 4(1) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, has cancelled the Certificate of Registration of the following company. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Meliora Asset Reconstruction Company limited (CIN: U65923AP2012PLC084298) 106,
The Reserve Bank of India, in exercise of powers conferred on it under Section 4(1) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, has cancelled the Certificate of Registration of the following company. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Meliora Asset Reconstruction Company limited (CIN: U65923AP2012PLC084298) 106,
ഒക്ടോ 10, 2019
Reserve Bank of India imposes monetary penalty on Toyota Financial Services India Limited
The Reserve Bank of India (RBI) has, by an order dated October 09, 2019, imposed a monetary penalty of ₹ 5 lakh on M/s Toyota Financial Services India Limited (company), for non-compliance with directions issued by RBI on ‘Monitoring of Frauds in NBFCs’. The penalty has been imposed in exercise of powers vested in RBI under the provisions of clause (b) of sub-section (1) of section 58G read with clause (aa) of sub-section (5) of section 58B of the Reserve Bank of Indi
The Reserve Bank of India (RBI) has, by an order dated October 09, 2019, imposed a monetary penalty of ₹ 5 lakh on M/s Toyota Financial Services India Limited (company), for non-compliance with directions issued by RBI on ‘Monitoring of Frauds in NBFCs’. The penalty has been imposed in exercise of powers vested in RBI under the provisions of clause (b) of sub-section (1) of section 58G read with clause (aa) of sub-section (5) of section 58B of the Reserve Bank of Indi
സെപ്റ്റം 30, 2019
RBI cancels Certificate of Registration of 26 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. SPML India Limited 113 Park Street, Poddar Point, South Block, 3rd Floor, Kolkata-700 016 B-05.07060 January 17, 2018 August 21, 2019 2. Padm
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. SPML India Limited 113 Park Street, Poddar Point, South Block, 3rd Floor, Kolkata-700 016 B-05.07060 January 17, 2018 August 21, 2019 2. Padm
സെപ്റ്റം 30, 2019
Two NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Jagrati Trade Services Private Limited 3A, Shakespeare Sarani, 8th Floor, Kolkata
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Jagrati Trade Services Private Limited 3A, Shakespeare Sarani, 8th Floor, Kolkata
സെപ്റ്റം 30, 2019
Applicable Average Base Rate to be charged by NBFC-MFIs for the Quarter Beginning October 1, 2019
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning October 1, 2019 will be 9.22 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the aver
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning October 1, 2019 will be 9.22 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the aver
സെപ്റ്റം 09, 2019
RBI releases the Report of the Committee on the Development of Housing Finance Securitisation Market
The Reserve Bank of India had constituted a Committee on the Development of Housing Finance Securitisation Market, on May 29, 2019, with Dr. Harsh Vardhan, Senior Advisor, Bain & Co. as the Chairperson. The Committee was set up in recognition of the role of well-functioning securitisation markets for better management of credit and liquidity risks in the balance-sheets of banks as well as non-bank mortgage originators. The Terms of Reference of the Committee were
The Reserve Bank of India had constituted a Committee on the Development of Housing Finance Securitisation Market, on May 29, 2019, with Dr. Harsh Vardhan, Senior Advisor, Bain & Co. as the Chairperson. The Committee was set up in recognition of the role of well-functioning securitisation markets for better management of credit and liquidity risks in the balance-sheets of banks as well as non-bank mortgage originators. The Terms of Reference of the Committee were
ഓഗ 29, 2019
Five NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Isometric Capital Ventures Private Limited New No. 207/2, Old No. 93/2, T.T.K Sal
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Isometric Capital Ventures Private Limited New No. 207/2, Old No. 93/2, T.T.K Sal
ഓഗ 29, 2019
RBI cancels Certificate of Registration of Twelve NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Padamsagar Enterprises Private Limited 3, Middleton Row, Kolkata-700 071 B-05.03692 November 14, 2003 July 22, 2019 2. Abbott Marketing Priva
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Padamsagar Enterprises Private Limited 3, Middleton Row, Kolkata-700 071 B-05.03692 November 14, 2003 July 22, 2019 2. Abbott Marketing Priva
ഓഗ 13, 2019
Transfer of Regulation of Housing Finance Companies (HFCs) to Reserve Bank of India
The Finance (No.2) Act, 2019 (23 of 2019) has amended the National Housing Bank Act, 1987 conferring certain powers for regulation of Housing Finance Companies (HFCs) with Reserve Bank of India. The Central Government has since issued notification appointing August 09, 2019 as the date on which the relevant part of that Act, namely, Part VII of Chapter VI shall come into effect. HFCs will henceforth be treated as one of the categories of Non-Banking Financial Companie
The Finance (No.2) Act, 2019 (23 of 2019) has amended the National Housing Bank Act, 1987 conferring certain powers for regulation of Housing Finance Companies (HFCs) with Reserve Bank of India. The Central Government has since issued notification appointing August 09, 2019 as the date on which the relevant part of that Act, namely, Part VII of Chapter VI shall come into effect. HFCs will henceforth be treated as one of the categories of Non-Banking Financial Companie
ഓഗ 02, 2019
Six NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Financial Arm India Private Limited D-315, Defence Colony, New Delhi-110 024 14.0
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Financial Arm India Private Limited D-315, Defence Colony, New Delhi-110 024 14.0
ഓഗ 02, 2019
RBI cancels Certificate of Registration of six NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Stuti Tie-Up Private Limited 30, Jadunath Dey Road, Kolkata-700 012 B-05.04218 April 30, 2001 July 04, 2019 2. Jaroli Vincom Private Limited
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Stuti Tie-Up Private Limited 30, Jadunath Dey Road, Kolkata-700 012 B-05.04218 April 30, 2001 July 04, 2019 2. Jaroli Vincom Private Limited
ജൂലൈ 18, 2019
RBI cancels Certificate of Registration of 10 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Anant Portfolios (P) Ltd. 9/16 A, Pusa Road, New Delhi-110 005 14.01063 August 21, 1998 May 28, 2019 2. Crishpark Vincom Limited 251 G.T. Roa
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Anant Portfolios (P) Ltd. 9/16 A, Pusa Road, New Delhi-110 005 14.01063 August 21, 1998 May 28, 2019 2. Crishpark Vincom Limited 251 G.T. Roa
ജൂലൈ 05, 2019
RBI Announces Additional Liquidity Facility to Banks for Purchase of Assets from and/or onlending to NBFCs/HFCs
As articulated during the post-MPC media conference on June 6, 2019, the RBI has been closely monitoring top NBFCs/HFCs, identified on the basis of their size and credit behaviour. Over the past six months or so, the Reserve Bank has also infused adequate liquidity in to the system through OMOs, currency swaps, phased increase in Facility to Avail Liquidity for Liquidity Coverage Ratio (FALLCR), etc. For more than a month now, there is surplus liquidity in the system.
As articulated during the post-MPC media conference on June 6, 2019, the RBI has been closely monitoring top NBFCs/HFCs, identified on the basis of their size and credit behaviour. Over the past six months or so, the Reserve Bank has also infused adequate liquidity in to the system through OMOs, currency swaps, phased increase in Facility to Avail Liquidity for Liquidity Coverage Ratio (FALLCR), etc. For more than a month now, there is surplus liquidity in the system.
ജൂൺ 28, 2019
Applicable Average Base Rate to be charged by NBFC-MFIs for the Quarter Beginning July 1, 2019
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning July 1, 2019 will be 9.18 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the average
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning July 1, 2019 will be 9.18 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the average
ജൂൺ 27, 2019
4 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. KRC Insurance Advisors Private Limited (presently known as KRChoksey Insurance Ad
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. KRC Insurance Advisors Private Limited (presently known as KRChoksey Insurance Ad
ജൂൺ 27, 2019
RBI cancels Certificate of Registration of 23 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Ansun Investments Limited B-123, Okhla Industrial Area Phase-1, New Delhi-110 020 B-14.01774 June 21, 2000 May 10, 2019 2. Intimate Finance &
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Ansun Investments Limited B-123, Okhla Industrial Area Phase-1, New Delhi-110 020 B-14.01774 June 21, 2000 May 10, 2019 2. Intimate Finance &
മേയ് 28, 2019
RBI cancels Certificate of Registration of 12 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Garnet Finance Limited Plot No. 1, Tirumala Enclave, Tirumalgherry, Secunderabad, Telangana-500 017 B-09.00162 May 24, 2003 April 04, 2019 2.
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Garnet Finance Limited Plot No. 1, Tirumala Enclave, Tirumalgherry, Secunderabad, Telangana-500 017 B-09.00162 May 24, 2003 April 04, 2019 2.
മേയ് 28, 2019
5 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Geera Finance Limited 302, Shaswat Complex, Near Hotel Kanak, Opp. Gujarat Colleg
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Geera Finance Limited 302, Shaswat Complex, Near Hotel Kanak, Opp. Gujarat Colleg
മേയ് 24, 2019
RBI releases draft circular on “Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies” for public comments
The Non-Banking Financial Companies (NBFCs) play an important role in the financial system of the country, particularly in delivering credit to the last mile, including the retail as well as MSME sectors. NBFCs’ ability to perform their role effectively and efficiently requires them to be financially resilient, well-regulated and properly governed so that they retain the confidence of all their stakeholders including their lenders and borrowers. The Reserve Bank has a
The Non-Banking Financial Companies (NBFCs) play an important role in the financial system of the country, particularly in delivering credit to the last mile, including the retail as well as MSME sectors. NBFCs’ ability to perform their role effectively and efficiently requires them to be financially resilient, well-regulated and properly governed so that they retain the confidence of all their stakeholders including their lenders and borrowers. The Reserve Bank has a
മേയ് 08, 2019
Cyber Security Incident Reporting by Non - Banking Financial Companies (NBFCs)
In terms of para 3.6 of Master Direction DNBS.PPD.No.04/66.15.001/2016-17 dated June 08, 2017 on IT Framework for Non-Banking Financial Companies (NBFCs), all NBFCs are presently reporting cyber security related incidents to the Reserve Bank’s Department of Non-Banking Supervision, Central Office, Mumbai in physical form as per the prescribed format. NBFCs registered with the Reserve Bank of India are advised to henceforth submit all cyber security related incidents b
In terms of para 3.6 of Master Direction DNBS.PPD.No.04/66.15.001/2016-17 dated June 08, 2017 on IT Framework for Non-Banking Financial Companies (NBFCs), all NBFCs are presently reporting cyber security related incidents to the Reserve Bank’s Department of Non-Banking Supervision, Central Office, Mumbai in physical form as per the prescribed format. NBFCs registered with the Reserve Bank of India are advised to henceforth submit all cyber security related incidents b
മേയ് 02, 2019
RBI cancels Certificate of Registration of 24 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Sanket Investments & Marketing Limited A-223, Ansal Chamber-1, 2nd Floor, 3, Bhikaji Cama Place, New Delhi-110 066 B-14.02746 February 21
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Sanket Investments & Marketing Limited A-223, Ansal Chamber-1, 2nd Floor, 3, Bhikaji Cama Place, New Delhi-110 066 B-14.02746 February 21
മേയ് 02, 2019
2 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. L.D. Leasing and Credit Private Limited Beekay House L-8, Green Park Extension, N
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. L.D. Leasing and Credit Private Limited Beekay House L-8, Green Park Extension, N
ഏപ്രി 26, 2019
The Reserve Bank Extends Ombudsman Scheme for Non-Banking Financial Companies to eligible Non-Deposit Taking Non-Banking Financial Companies
As announced in Para 11 of the Statement on Developmental and Regulatory Policies of the Monetary Policy Statement dated April 04, 2019, the Reserve Bank of India (RBI) today has extended the coverage of Ombudsman Scheme for Non-Banking Financial Companies (NBFCs), 2018 (the Scheme) to eligible Non Deposit Taking Non Banking Financial Companies (NBFC-NDs) having asset size of Rupees 100 crore or above with customer interface vide Notification dated April 26, 2019. The
As announced in Para 11 of the Statement on Developmental and Regulatory Policies of the Monetary Policy Statement dated April 04, 2019, the Reserve Bank of India (RBI) today has extended the coverage of Ombudsman Scheme for Non-Banking Financial Companies (NBFCs), 2018 (the Scheme) to eligible Non Deposit Taking Non Banking Financial Companies (NBFC-NDs) having asset size of Rupees 100 crore or above with customer interface vide Notification dated April 26, 2019. The
ഏപ്രി 22, 2019
5 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Motilal Oswal Financial Services Limited Motilal Oswal Tower, Rahimtullah Sayani
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Motilal Oswal Financial Services Limited Motilal Oswal Tower, Rahimtullah Sayani
ഏപ്രി 22, 2019
RBI cancels Certificate of Registration of 24 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Jewel Stationary Private Limited 11, Babar Lane, Bengali Market, New Delhi-110 001 B-14.03302 May 30, 2014 January 18, 2019 2. AVS Fincap Limited 1214, 12th Floor, 38, Ansal Tower,
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Jewel Stationary Private Limited 11, Babar Lane, Bengali Market, New Delhi-110 001 B-14.03302 May 30, 2014 January 18, 2019 2. AVS Fincap Limited 1214, 12th Floor, 38, Ansal Tower,
മാർ 29, 2019
Applicable Average Base Rate to be charged by NBFC-MFIs for the Quarter Beginning April 01, 2019
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning April 01, 2019 will be 9.21 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the avera
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning April 01, 2019 will be 9.21 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the avera
മാർ 20, 2019
RBI cancels Certificate of Registration of 29 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Dazzle Holdings Private Limited 1216, 12th Floor, 38, Ansal Tower, Nehru Place, New Delhi-110 019 B-14.01764 June 24, 2000 January 14, 2019 2
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Dazzle Holdings Private Limited 1216, 12th Floor, 38, Ansal Tower, Nehru Place, New Delhi-110 019 B-14.01764 June 24, 2000 January 14, 2019 2
മാർ 20, 2019
3 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Rajat Export Imports (India) Private Limited A 134, Arjan Nagar, Kotla Mubarakpur
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Rajat Export Imports (India) Private Limited A 134, Arjan Nagar, Kotla Mubarakpur
ഫെബ്രു 25, 2019
RBI cancels Certificate of Registration of 25 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Anand Business Pvt. Ltd. 2, Chowringhee Approach, 3rd Floor, Kolkata-700 072, West Bengal 05.02854 August 27, 1998 January 04, 2019 2. Manish
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Anand Business Pvt. Ltd. 2, Chowringhee Approach, 3rd Floor, Kolkata-700 072, West Bengal 05.02854 August 27, 1998 January 04, 2019 2. Manish
ഫെബ്രു 14, 2019
6 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address COR No Issued On Cancellation Order Date 1. Dimensional Finance Private Limited 4/5, Noormal Lohia Lane, Kolkata-700 007, West
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address COR No Issued On Cancellation Order Date 1. Dimensional Finance Private Limited 4/5, Noormal Lohia Lane, Kolkata-700 007, West
ഫെബ്രു 11, 2019
RBI cancels Certificate of Registration of 32 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Konkan Capfin Limited 419, Hind Rajasthan Building, D S Phalke Road, Dadar, Mumbai-400 014 13.00835 May 26, 1998 December 13, 2018 2. Vividha
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Konkan Capfin Limited 419, Hind Rajasthan Building, D S Phalke Road, Dadar, Mumbai-400 014 13.00835 May 26, 1998 December 13, 2018 2. Vividha
ജനു 25, 2019
RBI cancels Certificate of Registration of 28 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. SFSL Investments Limited D-32, Kamla Nagar, New Delhi-110 007 14.00415 March 11, 1998 November 28, 2018 2. Ferguson Traders Private Limited V
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. SFSL Investments Limited D-32, Kamla Nagar, New Delhi-110 007 14.00415 March 11, 1998 November 28, 2018 2. Ferguson Traders Private Limited V
ജനു 24, 2019
5 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Overseas Tracom Pvt. Ltd. 7A Bentick Street, 1ST Floor, Room No. 103, Kolkata-700
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Overseas Tracom Pvt. Ltd. 7A Bentick Street, 1ST Floor, Room No. 103, Kolkata-700
ജനു 24, 2019
RBI cancels Certificate of Registration of 5 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Ronnie Finance Limited 261, First Floor, Okhla Industrial Estate, Phase-III, New Delhi-110 020 B-14.02958 August 27, 2003 December 13, 2018 2
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Ronnie Finance Limited 261, First Floor, Okhla Industrial Estate, Phase-III, New Delhi-110 020 B-14.02958 August 27, 2003 December 13, 2018 2
ജനു 22, 2019
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - United Cooperative Bank Limited - Extension of Period
Reserve Bank of India, in public interest, had issued directions to United Co-operative Bank Limited, Bagnan Station Road (North), P.O-Bagnan, Dist. - Howrah, Pin-711303, West Bengal in exercise of its powers vested in it under sub-section (1) of Section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on July 18, 2018 which was valid till January 18, 2019. Reserve Bank of India has now, in public interest, further extende
Reserve Bank of India, in public interest, had issued directions to United Co-operative Bank Limited, Bagnan Station Road (North), P.O-Bagnan, Dist. - Howrah, Pin-711303, West Bengal in exercise of its powers vested in it under sub-section (1) of Section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on July 18, 2018 which was valid till January 18, 2019. Reserve Bank of India has now, in public interest, further extende
ജനു 18, 2019
RBI cancels Certificate of Registration of 31 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company COR no Date of issue of CoR Date of Cancellation of CoR 1. Panther InvestTrade Ltd. 1st Floor, Radha Bhuvan, 121, Nagindas Master Road, Fort, Mumbai-400 023 13.01311 November 05, 1999 October 18, 2018
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company COR no Date of issue of CoR Date of Cancellation of CoR 1. Panther InvestTrade Ltd. 1st Floor, Radha Bhuvan, 121, Nagindas Master Road, Fort, Mumbai-400 023 13.01311 November 05, 1999 October 18, 2018
ജനു 18, 2019
4 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address COR No Issued On Cancellation Order Date 1. Thacker & Co. Ltd. Jatia Chambers, 60, Dr. V.B. Gandhi Marg, Mumbai-400 001 13
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address COR No Issued On Cancellation Order Date 1. Thacker & Co. Ltd. Jatia Chambers, 60, Dr. V.B. Gandhi Marg, Mumbai-400 001 13
ജനു 14, 2019
RBI imposes monetary penalty on Bajaj Finance Ltd
The Reserve Bank of India (RBI) has imposed, by an order dated January 03, 2019, a monetary penalty of ₹ 10.0 million on Bajaj Finance Ltd. (the NBFC) for violation of Fair Practices Code of Master Direction DNBR. PD. 008/03.10.119/2016-17 dated September 01, 2016. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 58G(1)(b) read with sub-section 5(aa) of section 58B of the RBI Act, 1934. This action is based on deficienc
The Reserve Bank of India (RBI) has imposed, by an order dated January 03, 2019, a monetary penalty of ₹ 10.0 million on Bajaj Finance Ltd. (the NBFC) for violation of Fair Practices Code of Master Direction DNBR. PD. 008/03.10.119/2016-17 dated September 01, 2016. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 58G(1)(b) read with sub-section 5(aa) of section 58B of the RBI Act, 1934. This action is based on deficienc
ജനു 11, 2019
RBI Issues Directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad (Telangana)
The Reserve Bank of India is satisfied that in the interest of public, it is necessary to issue certain directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that Sri Bharathi Co-operative Urb
The Reserve Bank of India is satisfied that in the interest of public, it is necessary to issue certain directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that Sri Bharathi Co-operative Urb
ജനു 10, 2019
RBI cancels Certificate of Registration of 32 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Girik Estates Private Limited Metal Market Building, 157, N S Road, Top Floor, Kolkata-700 001, West Bengal B-05.04179 April 23, 2001 Novembe
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Girik Estates Private Limited Metal Market Building, 157, N S Road, Top Floor, Kolkata-700 001, West Bengal B-05.04179 April 23, 2001 Novembe
ജനു 08, 2019
RBI cancels Certificate of Registration of 32 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Khaitan Urja Private Limited 27, Weston Street, 5th Floor, Room No. 514, Kolkata-700 012, West Bengal B.05.04389 September 18, 2001 December
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Khaitan Urja Private Limited 27, Weston Street, 5th Floor, Room No. 514, Kolkata-700 012, West Bengal B.05.04389 September 18, 2001 December
ജനു 08, 2019
RBI cancels Certificate of Registration of 13 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Fast-N-Perfect Commercial Pvt. Ltd. 23 A, N.S. Road, 3rd Floor, Room No. 10, Kolkata-700 001, West Bengal 05.01135 March 20, 1998 November 12
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Fast-N-Perfect Commercial Pvt. Ltd. 23 A, N.S. Road, 3rd Floor, Room No. 10, Kolkata-700 001, West Bengal 05.01135 March 20, 1998 November 12
ജനു 01, 2019
RBI releases guidelines on restructuring of advances to MSMEs
Micro, Small and Medium Enterprises (MSMEs) form an important component of the Indian economy and contribute significantly to the country’s GDP, exports, industrial output, employment generation, etc. Considering the importance of MSMEs in the Indian economy, it is considered necessary at this juncture to take certain measures for creating an enabling environment for the sector. The issue of restructuring of MSME accounts was discussed in the meeting of the Central Bo
Micro, Small and Medium Enterprises (MSMEs) form an important component of the Indian economy and contribute significantly to the country’s GDP, exports, industrial output, employment generation, etc. Considering the importance of MSMEs in the Indian economy, it is considered necessary at this juncture to take certain measures for creating an enabling environment for the sector. The issue of restructuring of MSME accounts was discussed in the meeting of the Central Bo
റിസർവ് ബാങ്ക് ഓഫ് ഇന്ത്യ മൊബൈൽ ആപ്ലിക്കേഷൻ ഇൻസ്റ്റാൾ ചെയ്ത് ഏറ്റവും പുതിയ വാർത്തകളിലേക്ക് വേഗത്തിലുള്ള ആക്സസ് നേടുക!
പേജ് അവസാനം അപ്ഡേറ്റ് ചെയ്തത്: ജൂലൈ 24, 2024
