Press Releases - Regulating Non-Banking - ஆர்பிஐ - Reserve Bank of India
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ஜன. 14, 2002
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 9, 2002 the application for certificate of registration submitted by Associated Business Credits Ltd., 163, Anna Salai, Channai-600 002, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 9, 2002 the application for certificate of registration submitted by Associated Business Credits Ltd., 163, Anna Salai, Channai-600 002, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
பிடிஎஃப் (
ஜன. 11, 2002
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 10, 2002 the application for certificate of registration submitted by M/s. Paro Leasing & Finance Limited, No.54, Sembudoss Street, 1st floor, Chennai 600 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial ins
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 10, 2002 the application for certificate of registration submitted by M/s. Paro Leasing & Finance Limited, No.54, Sembudoss Street, 1st floor, Chennai 600 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial ins
ஜன. 01, 2002
RBI rationalises NBFC Regulations
Considering the request from the industry, the Reserve Bank of India has decided to include loans against hypothecation of automobiles, aircrafts and ships registered with the concerned authority for the purpose of classification of a non-banking financial company into equipment leasing and hire purchase finance company. The Reserve Bank of India has also underlined a greater role for statutory auditors by reiterating its directions to report directly to the Reserve B
Considering the request from the industry, the Reserve Bank of India has decided to include loans against hypothecation of automobiles, aircrafts and ships registered with the concerned authority for the purpose of classification of a non-banking financial company into equipment leasing and hire purchase finance company. The Reserve Bank of India has also underlined a greater role for statutory auditors by reiterating its directions to report directly to the Reserve B
டிச. 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 December 19, 2001 the application for certificate of registration submitted by Monarch Finlease Ltd., Door No.7-9, Sri Sai Ram Complex, 1st Floor, Opp. Bus Terminus, Dilsukh Nagar, Hyderabad-500 060, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 19, 2001 the application for certificate of registration submitted by Monarch Finlease Ltd., Door No.7-9, Sri Sai Ram Complex, 1st Floor, Opp. Bus Terminus, Dilsukh Nagar, Hyderabad-500 060, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of
டிச. 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
டிச. 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
டிச. 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
நவ. 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
நவ. 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
நவ. 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
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