Press Releases - Regulating Non-Banking - ଆରବିଆଇ - Reserve Bank of India
ପ୍ରେସ୍ ପ୍ରକାଶନୀ
ଡିସେମ୍ବର 19, 2001
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, 2001 the application for certificate of registration submitted by Ankush Commercial pvt. Ltd., Pushpanjalli, 2nd Floor, Lake Road, Ranchi-834 001, Jharkhand for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial insti
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 18, 2001 the application for certificate of registration submitted by Ankush Commercial pvt. Ltd., Pushpanjalli, 2nd Floor, Lake Road, Ranchi-834 001, Jharkhand for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial insti
ଡିସେମ୍ବର 13, 2001
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 8, 2001 the application for certificate of registration submitted by Panchajanya Leafin India Ltd., H. No. 3-4-485/1, D-2, IInd Floor, Agarwal Apartments, near Bank of Baroda, Barkatpura, Hyderabad-500 027 for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact
The Reserve Bank 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 8, 2001 the application for certificate of registration submitted by Panchajanya Leafin India Ltd., H. No. 3-4-485/1, D-2, IInd Floor, Agarwal Apartments, near Bank of Baroda, Barkatpura, Hyderabad-500 027 for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact
ଡିସେମ୍ବର 12, 2001
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 Company Rejected on 1. M/s. Trustwin Finance Company Ltd., November 29, 2001 13/14-B, Sub Plot, Kurla Andheri Road, Mumbai 400 059. 2. M/s. Dargoba Finance Company Ltd. November 29, 2001 Post-Chinchani, Mangru
The Reserve Bank 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 Company Rejected on 1. M/s. Trustwin Finance Company Ltd., November 29, 2001 13/14-B, Sub Plot, Kurla Andheri Road, Mumbai 400 059. 2. M/s. Dargoba Finance Company Ltd. November 29, 2001 Post-Chinchani, Mangru
ନଭେମ୍ବର 28, 2001
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 27, 2001 the application for certificate of registration submitted by Sri Devi Annapoorna Associates Leasing Hire Purchase and Finances Ltd., H. No.11-56/A, Main Road, Thorrur, Warangal District, Andhra Pradesh-506 163 , for carrying on the business of a Non-Banking Financial Institution. As such, the above company 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 November 27, 2001 the application for certificate of registration submitted by Sri Devi Annapoorna Associates Leasing Hire Purchase and Finances Ltd., H. No.11-56/A, Main Road, Thorrur, Warangal District, Andhra Pradesh-506 163 , for carrying on the business of a Non-Banking Financial Institution. As such, the above company c
ନଭେମ୍ବର 27, 2001
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 24, 2001the application for certificate of registration submitted by DCM Shriram Leasing & Finance Ltd., Kanchanjunga, 18, Barakhamba Road, New Delhi-110001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 24, 2001the application for certificate of registration submitted by DCM Shriram Leasing & Finance Ltd., Kanchanjunga, 18, Barakhamba Road, New Delhi-110001.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
ନଭେମ୍ବର 26, 2001
Rejection of applications for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 15, 2001 the application for certificate of registration submitted by the M/s. Srujit Hire Purchase and Investment Ltd., D 58/16-71B Ashok Nagar, Sigra Varansi, Uttar Pradesh. As such, the above companies 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 November 15, 2001 the application for certificate of registration submitted by the M/s. Srujit Hire Purchase and Investment Ltd., D 58/16-71B Ashok Nagar, Sigra Varansi, Uttar Pradesh. As such, the above companies cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of
ନଭେମ୍ବର 24, 2001
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, 2001 the application for certificate of registration submitted by M/s. Nidhi Finance and Investment Enterprises Ltd., B-3/58, Safdarjung Enclave, New Delhi-110 029.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 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, 2001 the application for certificate of registration submitted by M/s. Nidhi Finance and Investment Enterprises Ltd., B-3/58, Safdarjung Enclave, New Delhi-110 029.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 Reserv
ନଭେମ୍ବର 21, 2001
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 7, 2001 the application for certificate of registration submitted by M/s. Merlin Leasing Investment Private Ltd., having its registered office at 76, Habibullah Road, T. Nagar, Chennai-600017, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business
The Reserve Bank 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 7, 2001 the application for certificate of registration submitted by M/s. Merlin Leasing Investment Private Ltd., having its registered office at 76, Habibullah Road, T. Nagar, Chennai-600017, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business
ନଭେମ୍ବର 09, 2001
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 7, 2001 the application for certificate of registration submitted by M/s. Fidelity Finance Ltd., having its registered office at `Aarti Chambers', 189, Anna Salai, Chennai-600 006, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-ban
The Reserve Bank 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 7, 2001 the application for certificate of registration submitted by M/s. Fidelity Finance Ltd., having its registered office at `Aarti Chambers', 189, Anna Salai, Chennai-600 006, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-ban
ନଭେମ୍ବର 06, 2001
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 24, 2001 the application for certificate of registration submitted by M/s. Kakatiya Credit and Commercial Ltd.,Gouri Shankar Complex, 2nd Floor, Station Road, Warangal, Andhra Pradesh-506 002. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sec
The Reserve Bank 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 24, 2001 the application for certificate of registration submitted by M/s. Kakatiya Credit and Commercial Ltd.,Gouri Shankar Complex, 2nd Floor, Station Road, Warangal, Andhra Pradesh-506 002. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sec
ନଭେମ୍ବର 03, 2001
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 2, 2001 the application for certificate of registration submitted by M/s. Sunderban Dealers Pvt. Ltd., 168/A, Cotton Street, 4th Floor, Kolkata-700 007. 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
The Reserve Bank 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 2, 2001 the application for certificate of registration submitted by M/s. Sunderban Dealers Pvt. Ltd., 168/A, Cotton Street, 4th Floor, Kolkata-700 007. 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
ଅକ୍ଟୋବର 31, 2001
RBI lowers Ceiling on NBFC Deposit Rates
The Reserve Bank of India today announced a revision in the maximum rate of interest which the non-banking financial companies can offer on their public deposits. Taking into account the market conditions and changes in other interest rates in the system, the maximum rate of interest that NBFCs can pay on their public deposits has been reduced, effective from November 1, 2001 from 14 per cent to 12.5 per cent per annum. Other stipulations regarding the interest rate r
The Reserve Bank of India today announced a revision in the maximum rate of interest which the non-banking financial companies can offer on their public deposits. Taking into account the market conditions and changes in other interest rates in the system, the maximum rate of interest that NBFCs can pay on their public deposits has been reduced, effective from November 1, 2001 from 14 per cent to 12.5 per cent per annum. Other stipulations regarding the interest rate r
ଅକ୍ଟୋବର 05, 2001
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 on October 3, 2001 rejected the application for certificate of registration submitted by Siel Financial Services Ltd., 4th floor, Soni Mansion, 12-B, Ratlam Kothi, Indore-452001(M.P.). 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 Act. The co
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has on October 3, 2001 rejected the application for certificate of registration submitted by Siel Financial Services Ltd., 4th floor, Soni Mansion, 12-B, Ratlam Kothi, Indore-452001(M.P.). 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 Act. The co
ଅକ୍ଟୋବର 05, 2001
RBI rejects Star Venture Private Limited's application for certificate of registration as NBFC
The Reserve Bank 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 28, 2001 the application for grant of certificate of registration submitted by M/s Star Venture Private Limited. The company has its Registered Office at Shantivan-II, G-6 Doctors Colony, Lohia Nagar, Kankarbagh, Patna - 800020. As such, it cannot transact the business of a non-banking financial institution as defin
The Reserve Bank 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 28, 2001 the application for grant of certificate of registration submitted by M/s Star Venture Private Limited. The company has its Registered Office at Shantivan-II, G-6 Doctors Colony, Lohia Nagar, Kankarbagh, Patna - 800020. As such, it cannot transact the business of a non-banking financial institution as defin
ଅକ୍ଟୋବର 01, 2001
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 28, 2001 he application for certificate of registration submitted by M/s.Mahamedha Investment & Finance (India) Ltd., 2428, Chipiwara Kalan, Near Jama Masjid, New Delhi 110 006. 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 September 28, 2001 he application for certificate of registration submitted by M/s.Mahamedha Investment & Finance (India) Ltd., 2428, Chipiwara Kalan, Near Jama Masjid, New Delhi 110 006. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
ସେପ୍ଟେମ୍ବର 29, 2001
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 28, 2001 the application for certificate of registration submitted by the M/s. Prithvi Credit & Leasing Ltd., 398/22 Ramee's Centre, North Avenue, Santacruz, Mumbai 400 054. 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 September 28, 2001 the application for certificate of registration submitted by the M/s. Prithvi Credit & Leasing Ltd., 398/22 Ramee's Centre, North Avenue, Santacruz, Mumbai 400 054. 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
ସେପ୍ଟେମ୍ବର 29, 2001
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 28, 2001 the application for certificate of registration submitted by M/s.Bhagwati Auto Credits & Finance Ltd., S-8, Hallet Road, Near Fire Service Station, Moradabad-244 001 (U.P.). 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 September 28, 2001 the application for certificate of registration submitted by M/s.Bhagwati Auto Credits & Finance Ltd., S-8, Hallet Road, Near Fire Service Station, Moradabad-244 001 (U.P.). As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
ସେପ୍ଟେମ୍ବର 25, 2001
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 20, 2001 the application for certificate of registration submitted by M/s. Roxy Motor Finance Private Ltd., Shop No.135, JDA Complex, Nehru Market, Jammu, Jammu & 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 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 20, 2001 the application for certificate of registration submitted by M/s. Roxy Motor Finance Private Ltd., Shop No.135, JDA Complex, Nehru Market, Jammu, Jammu & 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 t
ସେପ୍ଟେମ୍ବର 12, 2001
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 cancelled on September 11, 2001 the for certificate of registration granted to Crystal Credits Corporation Ltd.,Crystal House, G-17G, South Extension-II, New Delhi-110 049. 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
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has cancelled on September 11, 2001 the for certificate of registration granted to Crystal Credits Corporation Ltd.,Crystal House, G-17G, South Extension-II, New Delhi-110 049. 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
ସେପ୍ଟେମ୍ବର 07, 2001
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 application for certificate of registration submitted by the following non-banking financial company:Name of the CompanyRejected on1. Frontline Industrial & Credits Corporation Ltd., Frontline Complex, Sheesh Mahal, kathgodam (Nainital)August 30, 2001 As such, the above company cannot transact the business of a non-banki
The Reserve Bank 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 application for certificate of registration submitted by the following non-banking financial company:Name of the CompanyRejected on1. Frontline Industrial & Credits Corporation Ltd., Frontline Complex, Sheesh Mahal, kathgodam (Nainital)August 30, 2001 As such, the above company cannot transact the business of a non-banki
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ନଭେମ୍ବର 13, 2024