Rejection of application for certificate of registration - आरबीआय - Reserve Bank of India
55025319
प्रकाशित तारीख ऑक्टोबर 30, 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 October 29, 1998 the application for certificate of registration submitted by the financial company Onida Finance Ltd., 1007, Mercantile House, Kasturba Gandhi Marg, New Delhi-110 001.
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 Act, 1934.
S. R. Singh |
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Press Release:1998-99/548 |
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