Rejection of application for certificate of registration - ربی - Reserve Bank of India
55019379
شائع کیا گیا پر دسمبر 22, 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 December 18, 1998 the application for certificate of registration submitted by the financial company M/s. Extol Financial Services Ltd., 1/3, Amaltas Complex Shahpura, Bhopal-462016.
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.
Maureen Shankar
Manager
Press Release:1998-99/819
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