Press Releases - Regulating Non-Banking - ଆରବିଆଇ - Reserve Bank of India
ପ୍ରେସ୍ ପ୍ରକାଶନୀ
ମାର୍ଚ୍ଚ 01, 2000
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 29, 2000 the application for Certificate of Registration submitted by Ahmedabad Leasing & Finance Ltd., having its Registered Office at 101, Shreeji Complex, Ellise Bridge, Ahmedabad.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
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 29, 2000 the application for Certificate of Registration submitted by Ahmedabad Leasing & Finance Ltd., having its Registered Office at 101, Shreeji Complex, Ellise Bridge, Ahmedabad.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
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ଫେବୃଆରୀ 29, 2000
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 22, 2000 the application for Certificate of Registration submitted by Teem Investment Co., having its Registered Office at Sherpur, G.T.Road, Ludhiana.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 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 February 22, 2000 the application for Certificate of Registration submitted by Teem Investment Co., having its Registered Office at Sherpur, G.T.Road, Ludhiana.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 A
ଫେବୃଆରୀ 28, 2000
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 23, 2000, the application for Certificate of Registration submitted by M/s. Sai Saran Leasing Ltd., Door No.6-64/I, Chaitanya Nagar, Gajuwaka, Visakhapatnam, Hyderabad. As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 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 on February 23, 2000, the application for Certificate of Registration submitted by M/s. Sai Saran Leasing Ltd., Door No.6-64/I, Chaitanya Nagar, Gajuwaka, Visakhapatnam, Hyderabad. As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1
ଫେବୃଆରୀ 24, 2000
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: Sr.No.Name of the CompanyRejected on 1.Jamuna Valley Finance & Investment (India) Pvt. Ltd., M. D. Road, Nagaon-782 001, Assam.18.02.2000 2.Amoli Finance & Leasing Ltd., 2nd Floor, Shivalik Palace, Faizabad Road,
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: Sr.No.Name of the CompanyRejected on 1.Jamuna Valley Finance & Investment (India) Pvt. Ltd., M. D. Road, Nagaon-782 001, Assam.18.02.2000 2.Amoli Finance & Leasing Ltd., 2nd Floor, Shivalik Palace, Faizabad Road,
ଫେବୃଆରୀ 23, 2000
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: Sr.No.Name of the CompanyRejected on 1.M/s. New India Industrial & Savings Co. Ltd., Anandi Buildings, Vallalar Salai, Venkata Nagar, Pondicherry-605 011.18.02.2000 2.M/s. TLV Finance Ltd., 54, Perambur Barracks Road,
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: Sr.No.Name of the CompanyRejected on 1.M/s. New India Industrial & Savings Co. Ltd., Anandi Buildings, Vallalar Salai, Venkata Nagar, Pondicherry-605 011.18.02.2000 2.M/s. TLV Finance Ltd., 54, Perambur Barracks Road,
ଫେବୃଆରୀ 22, 2000
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 18, 2000 the application for Certificate of Registration submitted by M/s. Esskay Telecom Ltd., 49 G. C. Avenue, 2nd Floor, Calcutta-700 013.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.Chhaya Raje ManagerPress
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 18, 2000 the application for Certificate of Registration submitted by M/s. Esskay Telecom Ltd., 49 G. C. Avenue, 2nd Floor, Calcutta-700 013.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.Chhaya Raje ManagerPress
ଫେବୃଆରୀ 22, 2000
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 17, 2000, the application for Certificate of Registration submitted by M/s. South Asian Financial Exchange Ltd., 34, Dr. P.V. Cherian Crescent, Off Ethiraj Salai, Chennai-600 105.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-IA of the R
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 17, 2000, the application for Certificate of Registration submitted by M/s. South Asian Financial Exchange Ltd., 34, Dr. P.V. Cherian Crescent, Off Ethiraj Salai, Chennai-600 105.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-IA of the R
ଫେବୃଆରୀ 22, 2000
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 18, 2000 the application for Certificate of Registration submitted by the financial company Blue Chip Securities & Leasing Ltd., Bhuj, Surveena, Nagar Chakla, New Mint Road, Bhuj (Gujarat State)As such, the above 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 February 18, 2000 the application for Certificate of Registration submitted by the financial company Blue Chip Securities & Leasing Ltd., Bhuj, Surveena, Nagar Chakla, New Mint Road, Bhuj (Gujarat State)As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a)
ଫେବୃଆରୀ 22, 2000
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, has rejected on February 17, 2000, the application for Certificate of Registration submitted by The Kisholaya Small Investments (India) Ltd., having its Registered office at 54/171, Rabindra Avenue, P.O. & District - Malda, Pin-732 101.As such, the above company cannot transact the business of a non-banking financial institution as define
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45IA of the Reserve Bank of India Act, 1934, has rejected on February 17, 2000, the application for Certificate of Registration submitted by The Kisholaya Small Investments (India) Ltd., having its Registered office at 54/171, Rabindra Avenue, P.O. & District - Malda, Pin-732 101.As such, the above company cannot transact the business of a non-banking financial institution as define
ଫେବୃଆରୀ 21, 2000
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 17, 2000 the application for Certificate of Registration submitted by M/s. Vijaya Leasing Ltd.,Centenary Building, 28, M.G.Road, Bangalore-560001.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 Act, 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 on February 17, 2000 the application for Certificate of Registration submitted by M/s. Vijaya Leasing Ltd.,Centenary Building, 28, M.G.Road, Bangalore-560001.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 Act, 1
ଫେବୃଆରୀ 18, 2000
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 17, 2000 the application for Certificate of Registration submitted by Subharambh Finance & Investment Pvt. Ltd., having its Registered Office at E/135, Jayant Park Society, Adinath Nagar, Memnager, Ahmedabad 380 052.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 February 17, 2000 the application for Certificate of Registration submitted by Subharambh Finance & Investment Pvt. Ltd., having its Registered Office at E/135, Jayant Park Society, Adinath Nagar, Memnager, Ahmedabad 380 052.As such, the above company cannot transact the business of a Non-Banking Financial Institution as
ଫେବୃଆରୀ 18, 2000
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 17, 2000 the application for certificate of registration submitted by the financial company J & K Originated Finance Co. Ltd., K.P.Road, Anatnag, Kashmir.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
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 17, 2000 the application for certificate of registration submitted by the financial company J & K Originated Finance Co. Ltd., K.P.Road, Anatnag, Kashmir.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
ଫେବୃଆରୀ 17, 2000
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 16, 2000 the application for Certificate of Registration submitted by the financial company Al-Falah Finlease Ltd., Al-Falah House, 274-A, Jamia Nagar, Okhla, New Delhi-110 025.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of t
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 16, 2000 the application for Certificate of Registration submitted by the financial company Al-Falah Finlease Ltd., Al-Falah House, 274-A, Jamia Nagar, Okhla, New Delhi-110 025.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of t
ଫେବୃଆରୀ 14, 2000
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 11, 2000 the application for Certificate of Registration submitted by Karoon Mutual Benefit Limited, having its Registered Office at Sector M, E-IV, 186, Aliganj, Lucknow, U.P.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 th
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 11, 2000 the application for Certificate of Registration submitted by Karoon Mutual Benefit Limited, having its Registered Office at Sector M, E-IV, 186, Aliganj, Lucknow, U.P.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 th
ଫେବୃଆରୀ 08, 2000
Certificate of Registration mandatory for NBFCs/RNBCs
The Reserve Bank of India has clarified that it is mandatory for all the non-banking financial companies (NBFCs) including residuary non-banking companies (RNBCs) to obtain a Certificate of Registration from the Bank under Section 45-IA of the Reserve Bank of India Act. This requirement is mandatory even for those NBFCs which do not hold/accept deposits from public or which are holding companies or investment companies not trading in the shares held by them, etc. The
The Reserve Bank of India has clarified that it is mandatory for all the non-banking financial companies (NBFCs) including residuary non-banking companies (RNBCs) to obtain a Certificate of Registration from the Bank under Section 45-IA of the Reserve Bank of India Act. This requirement is mandatory even for those NBFCs which do not hold/accept deposits from public or which are holding companies or investment companies not trading in the shares held by them, etc. The
ଫେବୃଆରୀ 08, 2000
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, 2000 the application for Certificate of Registration submitted by the financial company M/s. Attic Finvest Pvt. Ltd., B-4, Satya Tower, 36, Commercial Complex, Wazirpur Industrial Area, Delhi-110 052.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 5, 2000 the application for Certificate of Registration submitted by the financial company M/s. Attic Finvest Pvt. Ltd., B-4, Satya Tower, 36, Commercial Complex, Wazirpur Industrial Area, Delhi-110 052.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ଫେବୃଆରୀ 08, 2000
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, 2000 the application for Certificate of Registration submitted by the financial company Bharatiya Krishi Import Commercial Company Limited, Yogia Tola, Yarpur, 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 IA of t
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 5, 2000 the application for Certificate of Registration submitted by the financial company Bharatiya Krishi Import Commercial Company Limited, Yogia Tola, Yarpur, 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 IA of t
ଫେବୃଆରୀ 05, 2000
Rejection of applications for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for certificate of registration submitted by the following non-banking financial companies:Name of the CompanyRejected on1. M/s Flawless Leasing and Housing Finance Ltd., B 38/13-8 Navodit Nagar, Mahmoorganj, Varanasi 221010(U.P.)February 3, 20002.Drishtikone Finance and Leasing Company Ltd. Nazma Market, Bulaki
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for certificate of registration submitted by the following non-banking financial companies:Name of the CompanyRejected on1. M/s Flawless Leasing and Housing Finance Ltd., B 38/13-8 Navodit Nagar, Mahmoorganj, Varanasi 221010(U.P.)February 3, 20002.Drishtikone Finance and Leasing Company Ltd. Nazma Market, Bulaki
ଫେବୃଆରୀ 05, 2000
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 3, 2000 the application for Certificate of Registration submitted by the financial company Kashmir Valley Finance & Investment Co. Ltd., K.P. Road, Anantnag, Kashmir.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 Rese
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 3, 2000 the application for Certificate of Registration submitted by the financial company Kashmir Valley Finance & Investment Co. Ltd., K.P. Road, Anantnag, Kashmir.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 Rese
ଫେବୃଆରୀ 04, 2000
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 3, 2000 the application for Certificate of Registration submitted by the financial company Vanguard (India) Finance Limited, Hem Ram Bora Complex, First Floor, Opp. G.L. Publication, P.O. Ulbari, Guwahati.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 February 3, 2000 the application for Certificate of Registration submitted by the financial company Vanguard (India) Finance Limited, Hem Ram Bora Complex, First Floor, Opp. G.L. Publication, P.O. Ulbari, Guwahati.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
ଫେବୃଆରୀ 04, 2000
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 financial companies:Sr.No.Name of the CompanyRejected on1. Trade Well Finance Limited, Radhika Mansion, Kunwar Singh Chowk, Jugsalai, Jamshedpur-831 00203.02.20002.Cosmen Finance & Investment Limited 114, Jagat Trade Centre, Fraser Road, Pa
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 financial companies:Sr.No.Name of the CompanyRejected on1. Trade Well Finance Limited, Radhika Mansion, Kunwar Singh Chowk, Jugsalai, Jamshedpur-831 00203.02.20002.Cosmen Finance & Investment Limited 114, Jagat Trade Centre, Fraser Road, Pa
ଫେବୃଆରୀ 01, 2000
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 financial companies:Sr.No.Name of the CompanyRejected on1. Nezone Valley Finvest Private Limited Natunpara, Tezpur, Dist. Sonitpur, Assam.27.01.20002.Shree Finance and Securities Limited, Dolamundai, Mahatab Road, Pithapur, Cuttack-753 001.29.0
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 financial companies:Sr.No.Name of the CompanyRejected on1. Nezone Valley Finvest Private Limited Natunpara, Tezpur, Dist. Sonitpur, Assam.27.01.20002.Shree Finance and Securities Limited, Dolamundai, Mahatab Road, Pithapur, Cuttack-753 001.29.0
ଜାନୁଆରୀ 31, 2000
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 27, 2000 the application for Certificate of Registration submitted by the financial company Shubhashish Finlease Private Ltd., B-27, Govardhan Nagar, Motived, Surat-395 004.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 Re
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 27, 2000 the application for Certificate of Registration submitted by the financial company Shubhashish Finlease Private Ltd., B-27, Govardhan Nagar, Motived, Surat-395 004.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 Re
ଜାନୁଆରୀ 29, 2000
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 27, 2000 the application for Certificate of Registration submitted by the financial company Apace India Corporation Ltd., Registered Office : Kumar Tanay Vaishya Sabha, Purani Sabji Mandi, Kashipur, Udham Singh Nagar, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial inst
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 27, 2000 the application for Certificate of Registration submitted by the financial company Apace India Corporation Ltd., Registered Office : Kumar Tanay Vaishya Sabha, Purani Sabji Mandi, Kashipur, Udham Singh Nagar, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial inst
ଜାନୁଆରୀ 28, 2000
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 27, 2000 the application for Certificate of Registration submitted by the financial company Apace Savings and Mutual Benefit (I) Ltd., Registered Office : Kumar Tanay Vaishya Sabha, Purani Sabji Mandi, Kashipur, Udham Singh Nagar, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking f
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 27, 2000 the application for Certificate of Registration submitted by the financial company Apace Savings and Mutual Benefit (I) Ltd., Registered Office : Kumar Tanay Vaishya Sabha, Purani Sabji Mandi, Kashipur, Udham Singh Nagar, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking f
ଜାନୁଆରୀ 27, 2000
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 25, 2000 the application for Certificate of Registration submitted by the financial company M/s. Pushparag Savings & Investment Co. Pvt. Ltd., Old Pandapara, P.O.Pandapara, Kalibari, Dist. Jalpaiguri, West Bengal-735 132.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 January 25, 2000 the application for Certificate of Registration submitted by the financial company M/s. Pushparag Savings & Investment Co. Pvt. Ltd., Old Pandapara, P.O.Pandapara, Kalibari, Dist. Jalpaiguri, West Bengal-735 132.As such, the above company cannot transact the business of a non-banking financial institution
ଜାନୁଆରୀ 27, 2000
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 19, 2000 the application for Certificate of Registration submitted by the financial company M/s. Jeet Hire Purchase Pvt. Ltd., Registered Office : Jogipura, Near Nagarpalika, Badaun-243601, Uttar Pradesh.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 January 19, 2000 the application for Certificate of Registration submitted by the financial company M/s. Jeet Hire Purchase Pvt. Ltd., Registered Office : Jogipura, Near Nagarpalika, Badaun-243601, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ଜାନୁଆରୀ 24, 2000
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 22, 2000 the application for Certificate of Registration submitted by the financial company M/s. Rajavir Finance Private Ltd., Jila Garden Road, Bapunagar, Rajkot-360 002.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 Rese
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 22, 2000 the application for Certificate of Registration submitted by the financial company M/s. Rajavir Finance Private Ltd., Jila Garden Road, Bapunagar, Rajkot-360 002.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 Rese
ଜାନୁଆରୀ 18, 2000
No extension of time limit for NBFCs : says RBI
The Reserve Bank of India has advised all non-banking financial companies (NBFCs), which had applied to Reserve Bank for grant of Certificate of Registration under section 45-IA of Reserve Bank of India Act, 1934, on or before July 9, 1997 but had not attained the minimum statutory net owned funds (NOF) of Rs.25 lakh as on January 9, 2000 that it has not extended the deadline for NBFCs to attain the minimum NOF limit.The Reserve Bank has further advised that the NBFCs
The Reserve Bank of India has advised all non-banking financial companies (NBFCs), which had applied to Reserve Bank for grant of Certificate of Registration under section 45-IA of Reserve Bank of India Act, 1934, on or before July 9, 1997 but had not attained the minimum statutory net owned funds (NOF) of Rs.25 lakh as on January 9, 2000 that it has not extended the deadline for NBFCs to attain the minimum NOF limit.The Reserve Bank has further advised that the NBFCs
ଜାନୁଆରୀ 13, 2000
RBI amends NBFC Directions
The Governor had announced in his Statement on 'Mid Term Review of Monetary and Credit Policy for the Year 1999-2000' issued on October 29, 1999, three major decisions in relation to Non-Banking Financial Companies (NBFCs) whereby borrowings from mutual funds are to be treated outside the purview of public deposits, the NBFCs are required to give public notice of three months prior to the closure of a branch and/or transfer of control/management by them. The RBI today
The Governor had announced in his Statement on 'Mid Term Review of Monetary and Credit Policy for the Year 1999-2000' issued on October 29, 1999, three major decisions in relation to Non-Banking Financial Companies (NBFCs) whereby borrowings from mutual funds are to be treated outside the purview of public deposits, the NBFCs are required to give public notice of three months prior to the closure of a branch and/or transfer of control/management by them. The RBI today
ଜାନୁଆରୀ 11, 2000
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, 2000 the application for Certificate of Registration submitted by the financial company Panchsheel Investment and Fintrade (P) Limited, Dr. Huge Road, Christainpatty, Nagoan-782 001.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 January 7, 2000 the application for Certificate of Registration submitted by the financial company Panchsheel Investment and Fintrade (P) Limited, Dr. Huge Road, Christainpatty, Nagoan-782 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
ଜାନୁଆରୀ 10, 2000
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 10, 2000 the application for Certificate of Registration submitted by the financial company M/s. VCK Capital Market Services Ltd., Duckback House, 41, Shekespeare Sarani, Calcutta-700 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 10, 2000 the application for Certificate of Registration submitted by the financial company M/s. VCK Capital Market Services Ltd., Duckback House, 41, Shekespeare Sarani, Calcutta-700 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
ଜାନୁଆରୀ 08, 2000
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, 2000 the application for Certificate of Registration submitted by the financial company M/s. Himachal Grameen Sanchayka Ltd., Sanchayka Bhawan, Chakkar, Shimla-171 005.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 Rese
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, 2000 the application for Certificate of Registration submitted by the financial company M/s. Himachal Grameen Sanchayka Ltd., Sanchayka Bhawan, Chakkar, Shimla-171 005.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 Rese
ଜାନୁଆରୀ 06, 2000
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 4, 2000 the application for Certificate of Registration submitted by the financial company M/s. Singh Finco Ltd., 28, Strand Road, Calcutta.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 Act, 1934. Th
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 4, 2000 the application for Certificate of Registration submitted by the financial company M/s. Singh Finco Ltd., 28, Strand Road, Calcutta.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 Act, 1934. Th
ଡିସେମ୍ବର 31, 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 29, 1999 the application for Certificate of Registration submitted by the financial company M/s. Piramal Financial Services Ltd., 4 C, D 'Suryarath', Panchwati, Ahmedabad-380 006.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 December 29, 1999 the application for Certificate of Registration submitted by the financial company M/s. Piramal Financial Services Ltd., 4 C, D 'Suryarath', Panchwati, Ahmedabad-380 006.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
ଡିସେମ୍ବର 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 December 27, 1999 the application for Certificate of Registration submitted by the financial company Ahuja Hire Purchase (P) Ltd., First Floor, Rajan Complex, Station Road, Moradabad-244 001, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) 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 27, 1999 the application for Certificate of Registration submitted by the financial company Ahuja Hire Purchase (P) Ltd., First Floor, Rajan Complex, Station Road, Moradabad-244 001, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) o
ଡିସେମ୍ବର 24, 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 24, 1999 the application for Certificate of Registration submitted by the financial company Sandi Finance & Investment Limited, Mohalla Munshi Ganj, 'Purani Chauki', Sandi, Hardoi, Uttar Pradesh-241 403.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 December 24, 1999 the application for Certificate of Registration submitted by the financial company Sandi Finance & Investment Limited, Mohalla Munshi Ganj, 'Purani Chauki', Sandi, Hardoi, Uttar Pradesh-241 403.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cl
ଡିସେମ୍ବର 23, 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 20, 1999 the application for Certificate of Registration submitted by the financial company M/s. Bharari Savings & Investment Finance Company Ltd., Shivshanti Apartments, Room No.17, 4th floor, Near S. T. Stand, Kulgaon, Badlapur (West), District Thane.As such, the above company cannot transact the business of 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 December 20, 1999 the application for Certificate of Registration submitted by the financial company M/s. Bharari Savings & Investment Finance Company Ltd., Shivshanti Apartments, Room No.17, 4th floor, Near S. T. Stand, Kulgaon, Badlapur (West), District Thane.As such, the above company cannot transact the business of a
ଡିସେମ୍ବର 22, 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 financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Vicar General Finance Company Ltd., Hill Cart Road, Siliguri, Darjeeling, West Bengal.21.12.19992.M/s. Triveni Greenery Finlease (I) Limited, 15, Diggi House, Shivaji Marg, Ram Sin
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 financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Vicar General Finance Company Ltd., Hill Cart Road, Siliguri, Darjeeling, West Bengal.21.12.19992.M/s. Triveni Greenery Finlease (I) Limited, 15, Diggi House, Shivaji Marg, Ram Sin
ଡିସେମ୍ବର 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 December 18, 1999, the application for Certificate of Registration submitted by the financial company, M/s. IFB Finance Ltd., 8/1, Middleton Row, Calcutta-700 071.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 Indi
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 18, 1999, the application for Certificate of Registration submitted by the financial company, M/s. IFB Finance Ltd., 8/1, Middleton Row, Calcutta-700 071.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 Indi
ଡିସେମ୍ବର 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 December 17, 1999, the application for Certificate of Registration submitted by the financial company, M/s. NTPL Finlevest Pvt. Ltd., Delight Bhavan, Asifganj Chowk, Azamgarh, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA
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 17, 1999, the application for Certificate of Registration submitted by the financial company, M/s. NTPL Finlevest Pvt. Ltd., Delight Bhavan, Asifganj Chowk, Azamgarh, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA
ଡିସେମ୍ବର 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 December 13, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Kataria Finlease Private Limited, 5-6, Ashwarath, Nr. Usmanpura Circle, Ashram Road, Ahmedabad-380 014.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 December 13, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Kataria Finlease Private Limited, 5-6, Ashwarath, Nr. Usmanpura Circle, Ashram Road, Ahmedabad-380 014.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ଡିସେମ୍ବର 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 December 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Tarangini Finance & Investment (India) Limited, Hanuman Galli, Zenda Chowk, Sitabuldi, Nagpur-440 012.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 December 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Tarangini Finance & Investment (India) Limited, Hanuman Galli, Zenda Chowk, Sitabuldi, Nagpur-440 012.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ଡିସେମ୍ବର 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 financial companies:Sr.No.Name of the CompanyRejected on1. Wizard Mutual Benefit Company Ltd., 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar Pradesh7.12.19992. Wizard Leasings Limited, 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar P
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 financial companies:Sr.No.Name of the CompanyRejected on1. Wizard Mutual Benefit Company Ltd., 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar Pradesh7.12.19992. Wizard Leasings Limited, 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar P
ଡିସେମ୍ବର 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 December 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Disha Mutual Benefits Ltd., C 3225, Rajaji Puram, Lucknow - 226 017.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 Ba
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 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Disha Mutual Benefits Ltd., C 3225, Rajaji Puram, Lucknow - 226 017.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 Ba
ଡିସେମ୍ବର 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 December 3, 1999, the application for Certificate of Registration submitted by the financial company M/s. Mortein Finlease Pvt. Ltd., 2211 Sector-13, Karnal-132 001, Haryana.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 Ba
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 3, 1999, the application for Certificate of Registration submitted by the financial company M/s. Mortein Finlease Pvt. Ltd., 2211 Sector-13, Karnal-132 001, Haryana.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 Ba
ଡିସେମ୍ବର 02, 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 November 30, 1999, the application for Certificate of Registration submitted by the financial company M/s. Marg Holdings and Financial Services Ltd., having its Registered Office at 501, Apex Chambers, 20, Thiagaraya Road, T.Nagar, Chennai 600 017.As such, the above company cannot transact the business of a non-banking financ
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 30, 1999, the application for Certificate of Registration submitted by the financial company M/s. Marg Holdings and Financial Services Ltd., having its Registered Office at 501, Apex Chambers, 20, Thiagaraya Road, T.Nagar, Chennai 600 017.As such, the above company cannot transact the business of a non-banking financ
ନଭେମ୍ବର 30, 1999
RBI clarifies on pending NBFC applications
A section of the press had reported that 28,232 applications of non-banking finance companies (NBFCs) are pending for registration with the Reserve Bank and there is no immediate action plan for disposal of these applications.The Reserve Bank of India has clarified that the Reserve Bank of India Act, 1934, as approved by the Parliament, NBFCs having Net Owned Funds below Rs.25 lakh have been given time up to three years to attain the norm of Rs.25 lakh. The time expir
A section of the press had reported that 28,232 applications of non-banking finance companies (NBFCs) are pending for registration with the Reserve Bank and there is no immediate action plan for disposal of these applications.The Reserve Bank of India has clarified that the Reserve Bank of India Act, 1934, as approved by the Parliament, NBFCs having Net Owned Funds below Rs.25 lakh have been given time up to three years to attain the norm of Rs.25 lakh. The time expir
ନଭେମ୍ବର 25, 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 November 22, 1999, the application for Certificate of Registration submitted by the financial company, M/s. M.D.D. Mutual Benefits Ltd., 555/GA/1/58 Barabirwa, Alambagh, Lucknow.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 Reserv
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 22, 1999, the application for Certificate of Registration submitted by the financial company, M/s. M.D.D. Mutual Benefits Ltd., 555/GA/1/58 Barabirwa, Alambagh, Lucknow.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 Reserv
ନଭେମ୍ବର 22, 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 November 22, 1999, the application for Certificate of Registration submitted by the financial company Kandoi Finance Private Ltd., Professor Para, Cuttack-753 003.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
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 22, 1999, the application for Certificate of Registration submitted by the financial company Kandoi Finance Private Ltd., Professor Para, Cuttack-753 003.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
ନଭେମ୍ବର 22, 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 November 22, 1999, the application for Certificate of Registration submitted by the financial company M/s. Rapti Group of Finance Ltd., 36, Kings Road, 4th Floor, Howrah-700 001, West Bengal.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 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 November 22, 1999, the application for Certificate of Registration submitted by the financial company M/s. Rapti Group of Finance Ltd., 36, Kings Road, 4th Floor, Howrah-700 001, West Bengal.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
ନଭେମ୍ବର 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 November 17, 1999, the application for Certificate of Registration submitted by the financial company Tanjor Finlease Ltd., 501, Gupta Complex, Inderlok Chowk, 1, Old Rohtak Road, New Delhi-110 035.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 November 17, 1999, the application for Certificate of Registration submitted by the financial company Tanjor Finlease Ltd., 501, Gupta Complex, Inderlok Chowk, 1, Old Rohtak Road, New Delhi-110 035.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sectio
ନଭେମ୍ବର 16, 1999
RBI notifies changes in NBFC Regulations
The Reserve Bank of India today notified the changes in its regulations pertaining to the NBFCs for implementation. The decision to modify the regulations was announced in the Governor's Statement on Mid-Term Review of the Monetary and Credit Policy for the year 1999-2000 on October 29, 1999. The changes come into force with immediate effect.Borrowings from mutual funds exempted from public deposits The Non-Banking Financial Companies Acceptance of Public Deposits (Re
The Reserve Bank of India today notified the changes in its regulations pertaining to the NBFCs for implementation. The decision to modify the regulations was announced in the Governor's Statement on Mid-Term Review of the Monetary and Credit Policy for the year 1999-2000 on October 29, 1999. The changes come into force with immediate effect.Borrowings from mutual funds exempted from public deposits The Non-Banking Financial Companies Acceptance of Public Deposits (Re
ନଭେମ୍ବର 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 November 12, 1999, the application for Certificate of Registration submitted by the financial company M/s. PL Finance and Investment Ltd., 1 & 4 Apex Chambers, IIIrd Floor, 20, Thyagaraya Road, T.Nagar, Chennai-600 017.As such, the above company cannot transact the business of a non-banking financial institution as define
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 12, 1999, the application for Certificate of Registration submitted by the financial company M/s. PL Finance and Investment Ltd., 1 & 4 Apex Chambers, IIIrd Floor, 20, Thyagaraya Road, T.Nagar, Chennai-600 017.As such, the above company cannot transact the business of a non-banking financial institution as define
ନଭେମ୍ବର 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 a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Jai Jai Priyanga Finance Pvt. Ltd., 41, Visuvasapuri, I Street, Gnanaolivupuram, Madurai-625 0162.11.19992.Puberun Finance Private Limited, M.Azad Road, Nagaon, Dist. Nagaon, Ass
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:Sr.No.Name of the CompanyRejected on1. M/s. Jai Jai Priyanga Finance Pvt. Ltd., 41, Visuvasapuri, I Street, Gnanaolivupuram, Madurai-625 0162.11.19992.Puberun Finance Private Limited, M.Azad Road, Nagaon, Dist. Nagaon, Ass
ନଭେମ୍ବର 06, 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:Sr.No.Name of the CompanyRejected on1. M/s. Mercard Ltd., "South India House" 36-40, Armenian Street, Chennai-600 001.4.11.19992.M/s. Bildeq Leasefin Ltd., Suit No.5, BBC Plaza, 178-180, North Usman Road, T. Nagar, Chennai
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:Sr.No.Name of the CompanyRejected on1. M/s. Mercard Ltd., "South India House" 36-40, Armenian Street, Chennai-600 001.4.11.19992.M/s. Bildeq Leasefin Ltd., Suit No.5, BBC Plaza, 178-180, North Usman Road, T. Nagar, Chennai
ନଭେମ୍ବର 03, 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:Sr.No.Name of the CompanyRejected on1. M/s. Goan Overseas Housing Investment & Finance Ltd., Bhairao Building, 3rd floor, Opp. Municipal Market, Mapusa, Goa.2.11.19992.M/s. Bharatiya Development Finance Ltd., Apartment
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:Sr.No.Name of the CompanyRejected on1. M/s. Goan Overseas Housing Investment & Finance Ltd., Bhairao Building, 3rd floor, Opp. Municipal Market, Mapusa, Goa.2.11.19992.M/s. Bharatiya Development Finance Ltd., Apartment
ଅକ୍ଟୋବର 28, 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:Sr.No.Name of the CompanyRejected on1. M/s. Trisubh Finlease Pvt. Ltd., 90A, Lajpat Nagar-II, New Delhi-110 02426.10.19992.Mahanadi Commercial and Investment Ltd., AT/PO Kuchinada, Dist. Sambalpur, Orissa.26.10.19993.Nagar
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:Sr.No.Name of the CompanyRejected on1. M/s. Trisubh Finlease Pvt. Ltd., 90A, Lajpat Nagar-II, New Delhi-110 02426.10.19992.Mahanadi Commercial and Investment Ltd., AT/PO Kuchinada, Dist. Sambalpur, Orissa.26.10.19993.Nagar
ଅକ୍ଟୋବର 28, 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:Sr.No.Name of the CompanyRejected on1. M/s. Mahajan Hire Finlease (P) Ltd., 14/119, Gandhi Nagar, Aligarh-202 001, Uttar Pradesh.25.10.19992.M/s. Sansvee Finance & Leasing Ltd., 44, W.G.C. Road, Tuticorin-628 002, Tami
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:Sr.No.Name of the CompanyRejected on1. M/s. Mahajan Hire Finlease (P) Ltd., 14/119, Gandhi Nagar, Aligarh-202 001, Uttar Pradesh.25.10.19992.M/s. Sansvee Finance & Leasing Ltd., 44, W.G.C. Road, Tuticorin-628 002, Tami
ଅକ୍ଟୋବର 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 October 25, 1999 the application for certificate of registration submitted by the financial company Samaleswari General Finance & Investment Company Ltd., Nayanpara P.O., Dist. Sambalpur, Orissa.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 October 25, 1999 the application for certificate of registration submitted by the financial company Samaleswari General Finance & Investment Company Ltd., Nayanpara P.O., Dist. Sambalpur, Orissa.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
ଅକ୍ଟୋବର 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 October 25, 1999 the application for certificate of registration submitted by the financial company M/s. Asia Pacific Financial Services Ltd., Suite No. 18, Shantiniketan, 8, Camac Street, Calcutta-700 017.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) 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 October 25, 1999 the application for certificate of registration submitted by the financial company M/s. Asia Pacific Financial Services Ltd., Suite No. 18, Shantiniketan, 8, Camac Street, Calcutta-700 017.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) o
ଅକ୍ଟୋବର 22, 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 October 21, 1999 the application for certificate of registration submitted by the financial company M/s. Pappu Finance Ltd., No.60, G.N. Chetty Road, T.Nagar, Chennai-600 017.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 B
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on October 21, 1999 the application for certificate of registration submitted by the financial company M/s. Pappu Finance Ltd., No.60, G.N. Chetty Road, T.Nagar, Chennai-600 017.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 B
ଅକ୍ଟୋବର 22, 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 October 21, 1999 the application for certificate of registration submitted by the financial company M/s. Drushti Savings & Investments Ltd., Municipal Complex, Sainagar, Anantapur-515 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
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 21, 1999 the application for certificate of registration submitted by the financial company M/s. Drushti Savings & Investments Ltd., Municipal Complex, Sainagar, Anantapur-515 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
ଅକ୍ଟୋବର 21, 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 October 21, 1999 the application for certificate of registration submitted by the financial company M/s. Bachan Auto Hire Purchase (P) Ltd., 1st floor, Diamond Complex, opp. Main Bus Stand, Ludhiana-141 002.As such, the above 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 October 21, 1999 the application for certificate of registration submitted by the financial company M/s. Bachan Auto Hire Purchase (P) Ltd., 1st floor, Diamond Complex, opp. Main Bus Stand, Ludhiana-141 002.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a)
ଅକ୍ଟୋବର 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 October 18, 1999 the application for certificate of registration submitted by the financial company Mark Leasing and Finance Ltd., 93, Mahavar Towers, 9th Floor, Nr.Mahalaxmi Char Rasta, Paldi, Ahmedabad-380 007.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 October 18, 1999 the application for certificate of registration submitted by the financial company Mark Leasing and Finance Ltd., 93, Mahavar Towers, 9th Floor, Nr.Mahalaxmi Char Rasta, Paldi, Ahmedabad-380 007.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ଅକ୍ଟୋବର 15, 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:Sr.No.Name of the CompanyRejected on1. M/s. Siddarth Motor Finance Pvt. Ltd., 488-6A, Opp. DTC Bus Terminal, Dilshad Garden, Delhi-110 09513.10.19992.M/s. Damayanti Credit & Financial Services (P) Ltd., D.No. 57-1-20,
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:Sr.No.Name of the CompanyRejected on1. M/s. Siddarth Motor Finance Pvt. Ltd., 488-6A, Opp. DTC Bus Terminal, Dilshad Garden, Delhi-110 09513.10.19992.M/s. Damayanti Credit & Financial Services (P) Ltd., D.No. 57-1-20,
ଅକ୍ଟୋବର 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 October 13, 1999, the application for Certificate of Registration submitted by the financial company M/s. Swano Credit and Finvest Pvt. Ltd., P.O. Mechada, Dist. Midnapore, West Bengal, Pin-721 137.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 October 13, 1999, the application for Certificate of Registration submitted by the financial company M/s. Swano Credit and Finvest Pvt. Ltd., P.O. Mechada, Dist. Midnapore, West Bengal, Pin-721 137.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sectio
ଅକ୍ଟୋବର 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 October 7, 1999, the application for Certificate of Registration submitted by M/s. Vijaya Commercial Credits Ltd., having its Registered Office at S.R.S. Home Commercial Complex, K.R.R. Road, Mangalore - 575 003.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 October 7, 1999, the application for Certificate of Registration submitted by M/s. Vijaya Commercial Credits Ltd., having its Registered Office at S.R.S. Home Commercial Complex, K.R.R. Road, Mangalore - 575 003.As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Clause (a)
ଅକ୍ଟୋବର 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 October 11, 1999, the application for Certificate of Registration submitted by M/s. Krittika Finco & Investment Ltd., having its Registered Office at 114/C, Garfa Main Road, Calcutta - 700 075.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-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 October 11, 1999, the application for Certificate of Registration submitted by M/s. Krittika Finco & Investment Ltd., having its Registered Office at 114/C, Garfa Main Road, Calcutta - 700 075.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-I
ଅକ୍ଟୋବର 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 October 11, 1999, the application for Certificate of Registration submitted by the financial company Tapasya Leasing India Ltd., 2579, Mandir Wali Gali, Opp. West Patel Nagar, New Delhi-110 008.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 October 11, 1999, the application for Certificate of Registration submitted by the financial company Tapasya Leasing India Ltd., 2579, Mandir Wali Gali, Opp. West Patel Nagar, New Delhi-110 008.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
ଅକ୍ଟୋବର 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 October 7, 1999, the application for Certificate of Registration submitted by the financial company Tapasya Savings & Investments India Ltd., 2579, Mandir Wali Gali, Opp. West Patel Nagar, New Delhi-110 008.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 October 7, 1999, the application for Certificate of Registration submitted by the financial company Tapasya Savings & Investments India Ltd., 2579, Mandir Wali Gali, Opp. West Patel Nagar, New Delhi-110 008.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ଅକ୍ଟୋବର 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 October 7, 1999, the application for Certificate of Registration submitted by the financial company M/s. Ram Kaashyap Investments Ltd., No.53, Bishop garden, Chennai-600 028.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 Ba
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 7, 1999, the application for Certificate of Registration submitted by the financial company M/s. Ram Kaashyap Investments Ltd., No.53, Bishop garden, Chennai-600 028.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 Ba
ଅକ୍ଟୋବର 06, 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:Sr.No.Name of the CompanyRejected on1. M/s. Harihar Vanijya Pvt. Ltd., 2A, Shakespeare Sarani, Victoria Plaza, Calcutta-700 07130.9.19992.M/s. Himgiri Finvest Pvt. Ltd., B-14, Lajpat Nagar-III, New Delhi-110 024.4.10.19993
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:Sr.No.Name of the CompanyRejected on1. M/s. Harihar Vanijya Pvt. Ltd., 2A, Shakespeare Sarani, Victoria Plaza, Calcutta-700 07130.9.19992.M/s. Himgiri Finvest Pvt. Ltd., B-14, Lajpat Nagar-III, New Delhi-110 024.4.10.19993
ଅକ୍ଟୋବର 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 October 5, 1999, the application for Certificate of Registration submitted by the financial company, Vishal Finance and Construction Co. Ltd., 1st floor, Western Block, Arunoday Market Building, Cuttack.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of S
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 5, 1999, the application for Certificate of Registration submitted by the financial company, Vishal Finance and Construction Co. Ltd., 1st floor, Western Block, Arunoday Market Building, Cuttack.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of S
ଅକ୍ଟୋବର 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 October 4, 1999 the application for Certificate of Registration submitted by the financial company Om Finance & Property Development Pvt. Ltd., Cinema Hall Road, Bolangir, PIN 767 001.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 October 4, 1999 the application for Certificate of Registration submitted by the financial company Om Finance & Property Development Pvt. Ltd., Cinema Hall Road, Bolangir, PIN 767 001.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
ସେପ୍ଟେମ୍ବର 30, 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 September 30, 1999 the application for Certificate of Registration submitted by the financial company M/s. Srijani Finance & Investment Co. Ltd., Baruipur, Station Road, Dist. South 24-Paraganas, West Bengal.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 September 30, 1999 the application for Certificate of Registration submitted by the financial company M/s. Srijani Finance & Investment Co. Ltd., Baruipur, Station Road, Dist. South 24-Paraganas, West Bengal.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ସେପ୍ଟେମ୍ବର 30, 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:Sr.No.Name of the CompanyRejected on1. M/s. Shri Niketan Credits (India) Ltd., D-38.114, Hauz Katora, Varanasi, Uttar Pradesh28.9.19992.M/s. KVR Sri Venkateswara Finance Pvt. Ltd., D.No.6-43, KASPA Street, Cheepurupalli-53
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:Sr.No.Name of the CompanyRejected on1. M/s. Shri Niketan Credits (India) Ltd., D-38.114, Hauz Katora, Varanasi, Uttar Pradesh28.9.19992.M/s. KVR Sri Venkateswara Finance Pvt. Ltd., D.No.6-43, KASPA Street, Cheepurupalli-53
ସେପ୍ଟେମ୍ବର 30, 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 September 30, 1999 the application for Certificate of Registration submitted by the financial company M/s. Classic Global Securities Ltd., P-27, Princep Street, 3rd Floor, Calcutta-700 072.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 September 30, 1999 the application for Certificate of Registration submitted by the financial company M/s. Classic Global Securities Ltd., P-27, Princep Street, 3rd Floor, Calcutta-700 072.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
ସେପ୍ଟେମ୍ବର 28, 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:Sr.No.Name of the CompanyRejected on1. M/s. Sri Nookambica Finance & Investments (P) Ltd., 28-11-38(2), Surya Bag, Visakhapatnam-530 020.24.9.19992.M/s. Renuga Finance (P) Ltd., 134, Kamatchi Amman, Koil Street, Tirupu
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:Sr.No.Name of the CompanyRejected on1. M/s. Sri Nookambica Finance & Investments (P) Ltd., 28-11-38(2), Surya Bag, Visakhapatnam-530 020.24.9.19992.M/s. Renuga Finance (P) Ltd., 134, Kamatchi Amman, Koil Street, Tirupu
ସେପ୍ଟେମ୍ବର 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 September 27, 1999 the application for Certificate of Registration submitted by the financial company Groweth India Finance & Investment Ltd., 705, Luvkush Tower, 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 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 September 27, 1999 the application for Certificate of Registration submitted by the financial company Groweth India Finance & Investment Ltd., 705, Luvkush Tower, 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 Sectio
ସେପ୍ଟେମ୍ବର 24, 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 September 22, 1999 the application for Certificate of Registration submitted by the financial company M/s. Zen Global Finance Ltd., A-26, Bajanaikoil Street, Choolaimedu, Chennai-600 094.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 t
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 22, 1999 the application for Certificate of Registration submitted by the financial company M/s. Zen Global Finance Ltd., A-26, Bajanaikoil Street, Choolaimedu, Chennai-600 094.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 t
ସେପ୍ଟେମ୍ବର 21, 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 September 15, 1999 the application for Certificate of Registration submitted by the financial company M/s. Kirloskar Investment & Finance Ltd., Unity Building, Second floor, J.C.Road, Bangalore-560002.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 September 15, 1999 the application for Certificate of Registration submitted by the financial company M/s. Kirloskar Investment & Finance Ltd., Unity Building, Second floor, J.C.Road, Bangalore-560002.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of
ସେପ୍ଟେମ୍ବର 21, 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:Sr.No.Name of the CompanyRejected on1. M/s. Marvellous General Finance & Investment Ltd., 22, Anna Salai, Tiruvannamalai - 600 601.20.9.19992.M/s. Sneha Sindhu Securities Ltd., Door No.3-5-762, Vittalwadi X Roads, Nara
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:Sr.No.Name of the CompanyRejected on1. M/s. Marvellous General Finance & Investment Ltd., 22, Anna Salai, Tiruvannamalai - 600 601.20.9.19992.M/s. Sneha Sindhu Securities Ltd., Door No.3-5-762, Vittalwadi X Roads, Nara
ସେପ୍ଟେମ୍ବର 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 September 15, 1999 the application for Certificate of Registration submitted by the financial company Rand Finance Pvt. Ltd., 1(1) K.R.R. Layout, Mangalam Road, Karuvampalayam, Tirupur-641 604.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 September 15, 1999 the application for Certificate of Registration submitted by the financial company Rand Finance Pvt. Ltd., 1(1) K.R.R. Layout, Mangalam Road, Karuvampalayam, Tirupur-641 604.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
ସେପ୍ଟେମ୍ବର 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 September 15, 1999 the application for Certificate of Registration submitted by the financial company M/s. Union Credit and Development (India) Ltd., 'Rockland', 87, Lenin Sarani, Ground Floor, Calcutta 700 013.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 September 15, 1999 the application for Certificate of Registration submitted by the financial company M/s. Union Credit and Development (India) Ltd., 'Rockland', 87, Lenin Sarani, Ground Floor, Calcutta 700 013.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ସେପ୍ଟେମ୍ବର 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 September 10, 1999 the application for Certificate of Registration submitted by the financial company Ratnajyoti Finance & Trading Private Ltd., Dr. Huze Road, Nagaon, Assam.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 Reserv
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 10, 1999 the application for Certificate of Registration submitted by the financial company Ratnajyoti Finance & Trading Private Ltd., Dr. Huze Road, Nagaon, Assam.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 Reserv
ସେପ୍ଟେମ୍ବର 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 September 9, 1999 the application for Certificate of Registration submitted by the financial company M/s. Viswasakthi Finance Ltd., 210, M.T.H. Road, Villivakkam, Chennai-600 049.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 Reser
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 9, 1999 the application for Certificate of Registration submitted by the financial company M/s. Viswasakthi Finance Ltd., 210, M.T.H. Road, Villivakkam, Chennai-600 049.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 Reser
ସେପ୍ଟେମ୍ବର 10, 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:Sr.No.Name of the CompanyRejected on1. M/s. Janapriya Finance & Industrial Investment (I) Ltd., 113 Park Street, 7th floor, North Block, Calcutta-700 016.8.9.19992.North Kamrup Albatross Small Investment Co. Ltd., Baih
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:Sr.No.Name of the CompanyRejected on1. M/s. Janapriya Finance & Industrial Investment (I) Ltd., 113 Park Street, 7th floor, North Block, Calcutta-700 016.8.9.19992.North Kamrup Albatross Small Investment Co. Ltd., Baih
ସେପ୍ଟେମ୍ବର 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 September 9, 1999 the application for Certificate of Registration submitted by the financial company M/s. Zencare Finance & Investment Private Ltd., "Gokul", Opp. G.T.Sheth Vidyalaya, Kalawad Road, Rajkot-360 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in 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 on September 9, 1999 the application for Certificate of Registration submitted by the financial company M/s. Zencare Finance & Investment Private Ltd., "Gokul", Opp. G.T.Sheth Vidyalaya, Kalawad Road, Rajkot-360 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in C
ସେପ୍ଟେମ୍ବର 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 September 7, 1999 the application for Certificate of Registration submitted by the financial company M/s. Sahu Investment Co. Ltd., 28, Strand Road, Calcutta-700 001.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 In
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 7, 1999 the application for Certificate of Registration submitted by the financial company M/s. Sahu Investment Co. Ltd., 28, Strand Road, Calcutta-700 001.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 In
ସେପ୍ଟେମ୍ବର 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 a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Galaxy Growfin Ltd., B-12/112-1, Gauriganj, Bhelpura, Varanasi-221 010.7.9.19992.M/s. Galaxy Finlease Ltd., B-12/112-1, Gauriganj, Bhelpura, Varanasi-221 010.7.9.1999As such, 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 the applications for grant of a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Galaxy Growfin Ltd., B-12/112-1, Gauriganj, Bhelpura, Varanasi-221 010.7.9.19992.M/s. Galaxy Finlease Ltd., B-12/112-1, Gauriganj, Bhelpura, Varanasi-221 010.7.9.1999As such, the
ଅଗଷ୍ଟ 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 August 27, 1999 the application for certificate of registration submitted by the financial company M/s. Sivamala Finance Ltd., 47-E, Dr. Radhakrishnan Road, Tatabad, Coimbatore-641 012.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 August 27, 1999 the application for certificate of registration submitted by the financial company M/s. Sivamala Finance Ltd., 47-E, Dr. Radhakrishnan Road, Tatabad, Coimbatore-641 012.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
ଅଗଷ୍ଟ 25, 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:Sr.No.Name of the CompanyRejected on1. ABB Securities & Finance Ltd., Eagle Building, Basistha Road, Beltola, Guwahati.24.8.19992.The Cidown Finance & Builders Pvt. Ltd., 207-B, Shri Krishna Puri, Boring Road, Patn
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:Sr.No.Name of the CompanyRejected on1. ABB Securities & Finance Ltd., Eagle Building, Basistha Road, Beltola, Guwahati.24.8.19992.The Cidown Finance & Builders Pvt. Ltd., 207-B, Shri Krishna Puri, Boring Road, Patn
ଅଗଷ୍ଟ 25, 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 August 23, 1999 the application for certificate of registration submitted by the financial company M/s. Tulip Finance Ltd., 3rd Floor, United India Life Building, "F" Block, Connaught Place, New Delhi-110 001.As such, the above 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 August 23, 1999 the application for certificate of registration submitted by the financial company M/s. Tulip Finance Ltd., 3rd Floor, United India Life Building, "F" Block, Connaught Place, New Delhi-110 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a
ଅଗଷ୍ଟ 24, 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:Sr.No.Name of the CompanyRejected on1. M/s. Platinum Finance Ltd., P-3, C.I.T., Road Scheme No.52, Entally, Calcutta-700 014, West Bengal.23.8.19992.M/s. Savera Securities (India) Ltd., 47, Janakpuri, Bareilly (U.P.)23.8.1
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 a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Platinum Finance Ltd., P-3, C.I.T., Road Scheme No.52, Entally, Calcutta-700 014, West Bengal.23.8.19992.M/s. Savera Securities (India) Ltd., 47, Janakpuri, Bareilly (U.P.)23.8.1
ଅଗଷ୍ଟ 19, 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:Sr.No.Name of the CompanyRejected on1. M/s. Rajendra Finance & Leasing (Private) Ltd., Old Post Office Building, Maya Bazar, Visnagar-384 315.18.8.19992.M/s. Vindyasara Finance & Savings (I) Pvt. Ltd., 27/A-1251, G
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:Sr.No.Name of the CompanyRejected on1. M/s. Rajendra Finance & Leasing (Private) Ltd., Old Post Office Building, Maya Bazar, Visnagar-384 315.18.8.19992.M/s. Vindyasara Finance & Savings (I) Pvt. Ltd., 27/A-1251, G
ଅଗଷ୍ଟ 19, 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:Sr.No.Name of the CompanyRejected on1. M/s. Deeplaxmi Savings & Investments Co. Ltd., 209, Citicentre Building, Patto Plaza, Panaji-403 001.18.8.19992.M/s. Ashraya Finance & Investments Ltd., Prabhat Chowk, Amravat
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:Sr.No.Name of the CompanyRejected on1. M/s. Deeplaxmi Savings & Investments Co. Ltd., 209, Citicentre Building, Patto Plaza, Panaji-403 001.18.8.19992.M/s. Ashraya Finance & Investments Ltd., Prabhat Chowk, Amravat
ଅଗଷ୍ଟ 19, 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:Sr.No.Name of the CompanyRejected on1. Sweethome Lease & Hire Purchase (P) Ltd., 46-47, River Palace, Nanpura, Surat.18.8.19992.M/s. Islamic Finance & Investments Co. Ltd., 3, Nawab Badruddin Street, Calcutta-700 0
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:Sr.No.Name of the CompanyRejected on1. Sweethome Lease & Hire Purchase (P) Ltd., 46-47, River Palace, Nanpura, Surat.18.8.19992.M/s. Islamic Finance & Investments Co. Ltd., 3, Nawab Badruddin Street, Calcutta-700 0
ଅଗଷ୍ଟ 18, 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:Sr.No.Name of the CompanyRejected on1. M/s. Fineline Finance and Investments Ltd., Ananda Building, First Floor, No.3, Station Road, West Mambalam, Chennai-600 033.14.8.19992.M/s. Godavari Hire Purchase (P) Ltd., Near Rail
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:Sr.No.Name of the CompanyRejected on1. M/s. Fineline Finance and Investments Ltd., Ananda Building, First Floor, No.3, Station Road, West Mambalam, Chennai-600 033.14.8.19992.M/s. Godavari Hire Purchase (P) Ltd., Near Rail
ଅଗଷ୍ଟ 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 August 16, 1999 the application for certificate of registration submitted by the financial company Saritha Leafin (P) Ltd., 3-5-944/222 & 223, Panchavati Mall, Opp. Taj Mahal Hotel, Narayanguda, Hyderabad.As such, the above 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 August 16, 1999 the application for certificate of registration submitted by the financial company Saritha Leafin (P) Ltd., 3-5-944/222 & 223, Panchavati Mall, Opp. Taj Mahal Hotel, Narayanguda, Hyderabad.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a
ରିଜର୍ଭ ବ୍ୟାଙ୍କ ଅଫ୍ ଇଣ୍ଡିଆ ମୋବାଇଲ୍ ଆପ୍ଲିକେସନ୍ ଇନଷ୍ଟଲ୍ କରନ୍ତୁ ଏବଂ ଲାଟେଷ୍ଟ ନିଉଜ୍ କୁ ଶୀଘ୍ର ଆକ୍ସେସ୍ ପାଆନ୍ତୁ!
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ଜୁଲାଇ 24, 2024
