Press Releases - Regulating Non-Banking - ఆర్బిఐ - Reserve Bank of India
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నవం 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
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నవం 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
నవం 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
నవం 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
నవం 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
నవం 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
అక్టో 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
అక్టో 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
అక్టో 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
అక్టో 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
అక్టో 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
అక్టో 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
అక్టో 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)
అక్టో 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
అక్టో 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,
అక్టో 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
అక్టో 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)
అక్టో 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
అక్టో 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
అక్టో 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
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