Press Releases - Regulating Non-Banking - ஆர்பிஐ - Reserve Bank of India
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நவ. 12, 1998
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 Company Rejected on 1. M/s. Arunodaya Savings & Investments (I) Ltd., A/9X/14 (SQ), Station Road, Kalyani Nadia 741 235 (WB) 9.11.1998 2. M/s. Integrated Leasing & Finance (P) Ltd., 171, Kailash
The Reserve 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 Company Rejected on 1. M/s. Arunodaya Savings & Investments (I) Ltd., A/9X/14 (SQ), Station Road, Kalyani Nadia 741 235 (WB) 9.11.1998 2. M/s. Integrated Leasing & Finance (P) Ltd., 171, Kailash
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நவ. 11, 1998
Banks can rediscount transport sector bills discounted by NBFCs
The Reserve Bank of India has allowed banks to rediscount bills discounted by non-banking financial companies (NBFCs) arising from sale of commercial vehicles including light commercial vehicles. Banks should, however, ensure that such rediscounting is subject to normal lending safeguards. This measure will enable NBFCs to have recourse to further finance through the rediscounting of bills. In a circular issued to all scheduled commercial banks today, the Reserve Bank
The Reserve Bank of India has allowed banks to rediscount bills discounted by non-banking financial companies (NBFCs) arising from sale of commercial vehicles including light commercial vehicles. Banks should, however, ensure that such rediscounting is subject to normal lending safeguards. This measure will enable NBFCs to have recourse to further finance through the rediscounting of bills. In a circular issued to all scheduled commercial banks today, the Reserve Bank
நவ. 11, 1998
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 Company Rejected on 1. M/s. Starjyot Credit & Finance Ltd., 24/4, White House, Savarkar Nagar, Navghar, Vasai (W) Thane-401 202 10.11.1998 2. M/s. Shantidoot Finance & Investment Co. Ltd., G. 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 the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Starjyot Credit & Finance Ltd., 24/4, White House, Savarkar Nagar, Navghar, Vasai (W) Thane-401 202 10.11.1998 2. M/s. Shantidoot Finance & Investment Co. Ltd., G. T.
நவ. 10, 1998
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 Company Rejected on 1. M/s. Credential Holdings Pvt. Ltd., 618, Maker Chambers V, Nariman Point, Mumbai 400 0021. 5.11.1998 2. M/s. Madhumilan Fincorp Ltd., Dhiraj Chambers, 94, Somani Marg, Fort, Mumba
The Reserve 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 Company Rejected on 1. M/s. Credential Holdings Pvt. Ltd., 618, Maker Chambers V, Nariman Point, Mumbai 400 0021. 5.11.1998 2. M/s. Madhumilan Fincorp Ltd., Dhiraj Chambers, 94, Somani Marg, Fort, Mumba
நவ. 09, 1998
Rejection of applications for certificates 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 certificates of registration submitted by the following financial companies: Name and address of the Company Date of rejection of application 1. M/s. Baroda Agro Industries Ltd., 3rd Floor, Rainbow House, Pratap Road, Raopura, Baroda-390001. 5.11.1998 2. M/s. Anand Credit Limited, 1002, `Hemkoot', Ashram Roa
The Reserve 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 certificates of registration submitted by the following financial companies: Name and address of the Company Date of rejection of application 1. M/s. Baroda Agro Industries Ltd., 3rd Floor, Rainbow House, Pratap Road, Raopura, Baroda-390001. 5.11.1998 2. M/s. Anand Credit Limited, 1002, `Hemkoot', Ashram Roa
நவ. 06, 1998
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 Company Rejected on 1. VSB Leasing & Finance Ltd., F-128, Mohammadpur, Near Bhikaji Cama Palace, New Delhi. 3.11.1998 2. M/s. AGM Portfolio Ltd., KD-135, Pritampura, New Delhi. 3.11.1998 3. M/s. Vip
The Reserve 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 Company Rejected on 1. VSB Leasing & Finance Ltd., F-128, Mohammadpur, Near Bhikaji Cama Palace, New Delhi. 3.11.1998 2. M/s. AGM Portfolio Ltd., KD-135, Pritampura, New Delhi. 3.11.1998 3. M/s. Vip
நவ. 06, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 5, 1998 the application for certificate of registration submitted by M/s. B Nanji Finance Limited a Non-Banking Financial Company having its Registered Office at 1318, Parabodi, Near Railway Crossing, Mithakhali, Navrangpura, Ahmedabad-380 009. As such, the above company cannot transact the business of a non-banking
The Reserve 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 5, 1998 the application for certificate of registration submitted by M/s. B Nanji Finance Limited a Non-Banking Financial Company having its Registered Office at 1318, Parabodi, Near Railway Crossing, Mithakhali, Navrangpura, Ahmedabad-380 009. As such, the above company cannot transact the business of a non-banking
நவ. 06, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 5, 1998 the application for certificate of registration submitted by the M/s. Shagun Leasing Ltd., 1196, Napier Town, Jabalpur-482 002. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of India Act, 1934. Alpana
The Reserve 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 5, 1998 the application for certificate of registration submitted by the M/s. Shagun Leasing Ltd., 1196, Napier Town, Jabalpur-482 002. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of India Act, 1934. Alpana
நவ. 05, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 3, 1998 the application for certificate of registration submitted by the financial company M/s. K. D. T. Mutual Benefits Co. Ltd., Premier Car Building, 2nd Floor, Shahnajaf Road, Lucknow-226 001. 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 November 3, 1998 the application for certificate of registration submitted by the financial company M/s. K. D. T. Mutual Benefits Co. Ltd., Premier Car Building, 2nd Floor, Shahnajaf Road, Lucknow-226 001. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) o
நவ. 02, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on October 30, 1998 the application for certificate of registration submitted by the financial company M/s. Prudential Capital Markets Ltd., Tobacco House, 1 & 2 Old House Centre, Calcutta-700 001. 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 30, 1998 the application for certificate of registration submitted by the financial company M/s. Prudential Capital Markets Ltd., Tobacco House, 1 & 2 Old House Centre, Calcutta-700 001. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
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