Press Releases - Regulating Non-Banking - आरबीआय - Reserve Bank of India
प्रेस रिलीज
मे 18, 2002
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 15, 2002 the application for certificate of registration submitted by M/s. EDTV India Ltd. (Formerly known as Euro Discover India Limited), 143, Mittal Court `A', 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 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 15, 2002 the application for certificate of registration submitted by M/s. EDTV India Ltd. (Formerly known as Euro Discover India Limited), 143, Mittal Court `A', 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 Sectio
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मे 18, 2002
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 15, 2002 the application for certificate of registration submitted by M/s. Ficom Industries Limited, 162, Maker Chambers III, 223, 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 IA of the Reserve Bank of 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 May 15, 2002 the application for certificate of registration submitted by M/s. Ficom Industries Limited, 162, Maker Chambers III, 223, 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 IA of the Reserve Bank of I
मे 10, 2002
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 6, 2002 the application for certificate of registration submitted by M/s. Swar Shilp Finvest Private Limited, Second Floor, Above Sanket Classes, Jodhpur Char Rasta, Ahmedabad-380015.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 6, 2002 the application for certificate of registration submitted by M/s. Swar Shilp Finvest Private Limited, Second Floor, Above Sanket Classes, Jodhpur Char Rasta, Ahmedabad-380015.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
मे 06, 2002
Rejection of applications for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 30, 2002 the application for certificate of registration submitted by M/s. Ganga Leafin & Holdings Limited, H. No.2-5-282, Nakkalagutta, Hanamkonda-506 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial 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 April 30, 2002 the application for certificate of registration submitted by M/s. Ganga Leafin & Holdings Limited, H. No.2-5-282, Nakkalagutta, Hanamkonda-506 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institut
मे 04, 2002
Cancellation of the certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has on April 9, 2002 cancelled the certificate of registration granted to Cobol Management Pvt. Limited having its registered office at 4, Synagogue Street (Room No.903), Kolkata-700 001, for carrying on the business of a non-banking financial institution. As such, the above company cannot transact the business of a non-banking financial ins
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has on April 9, 2002 cancelled the certificate of registration granted to Cobol Management Pvt. Limited having its registered office at 4, Synagogue Street (Room No.903), Kolkata-700 001, for carrying on the business of a non-banking financial institution. As such, the above company cannot transact the business of a non-banking financial ins
मे 03, 2002
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 29, 2002 the application for certificate of registration submitted by M/s. Vivek-Mir Financial Management Pvt. Ltd., 401-A, Vishwa Sadan, 9, District Centre, Janak Puri, New Delhi-110 058. 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 29, 2002 the application for certificate of registration submitted by M/s. Vivek-Mir Financial Management Pvt. Ltd., 401-A, Vishwa Sadan, 9, District Centre, Janak Puri, New Delhi-110 058. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 4
एप्रि 30, 2002
Rejection of applications for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 19, 2002 the application for certificate of registration submitted by Sushma Finance Pvt. Ltd., P.O. Mohibullapur, Lucknow, Uttar Pradesh, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 19, 2002 the application for certificate of registration submitted by Sushma Finance Pvt. Ltd., P.O. Mohibullapur, Lucknow, Uttar Pradesh, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
एप्रि 30, 2002
Rejection of applications for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for certificate of registration submitted by the following non-banking financial companies:Name of the CompanyRejected on Harmony Capital Services Ltd.,April 18, 2002 1. F-20, B-Shankar Path, Todarmal Marg, Bani Park, Jaipur-302 006.2. Flat No.278, Vijay Path No.6, Dher Ka Balaji, Jaipur-302 012. As such, the ab
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for certificate of registration submitted by the following non-banking financial companies:Name of the CompanyRejected on Harmony Capital Services Ltd.,April 18, 2002 1. F-20, B-Shankar Path, Todarmal Marg, Bani Park, Jaipur-302 006.2. Flat No.278, Vijay Path No.6, Dher Ka Balaji, Jaipur-302 012. As such, the ab
एप्रि 22, 2002
RBI rationalises Prudential Norms for NBFCs
The Reserve Bank of India today announced that the past due period of 30 days for identification of non-performing assets by non-banking finance companies (NBFCs) would be done away with effective from March 31, 2003. As such, a loan asset would become a non-performing asset (NPA) if the instalment or interest remains overdue for six months. Similarly, a lease or hire purchase asset would become NPA if the lease rentals or hire purchase instalment remains overdue for
The Reserve Bank of India today announced that the past due period of 30 days for identification of non-performing assets by non-banking finance companies (NBFCs) would be done away with effective from March 31, 2003. As such, a loan asset would become a non-performing asset (NPA) if the instalment or interest remains overdue for six months. Similarly, a lease or hire purchase asset would become NPA if the lease rentals or hire purchase instalment remains overdue for
एप्रि 11, 2002
Cancellation of the certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has on April 10, 2002 cancelled the certificate of registration granted to S.N. Finance Limited having its registered office at Sri Laxmi, 180, 9th Cross, North of CMH Road, Raghavendra Temple Street, East of Indiranagar Evening College, Indiranagar 1st Stage, Bangalore - 560038. As such, the above company cannot transact the business of
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA (6) of the Reserve Bank of India Act, 1934, has on April 10, 2002 cancelled the certificate of registration granted to S.N. Finance Limited having its registered office at Sri Laxmi, 180, 9th Cross, North of CMH Road, Raghavendra Temple Street, East of Indiranagar Evening College, Indiranagar 1st Stage, Bangalore - 560038. As such, the above company cannot transact the business of
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