Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Apr 01, 2000
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 CompanyRejected on1.M/s Team Finance & Leasing Ltd., 1st floor, 73-A, Cherry Road, Hasthampatty, Salem 636 007March 30, 20002.M/s. Lakshmi Trade Credits Ltd. Khivraj Estate, 624, Anna Salai, Chennai 600 00
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 CompanyRejected on1.M/s Team Finance & Leasing Ltd., 1st floor, 73-A, Cherry Road, Hasthampatty, Salem 636 007March 30, 20002.M/s. Lakshmi Trade Credits Ltd. Khivraj Estate, 624, Anna Salai, Chennai 600 00
Mar 31, 2000
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 March 30, 2000 the application for certificate of registration submitted by the financial company Esma Investments Ltd., DE-744, Jahangir Puri, New Delhi. 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 Act, 1
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 March 30, 2000 the application for certificate of registration submitted by the financial company Esma Investments Ltd., DE-744, Jahangir Puri, New Delhi. 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 Act, 1
Mar 31, 2000
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 March 29, 2000 the application for certificate of registration submitted by the financial company Newly Savings & Investments Ltd., Hanuman Market, Kunwar Singh Colony, Chas-Bokaro 827 013. 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 March 29, 2000 the application for certificate of registration submitted by the financial company Newly Savings & Investments Ltd., Hanuman Market, Kunwar Singh Colony, Chas-Bokaro 827 013. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
Mar 27, 2000
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 March 21, 2000 the application for certificate of registration submitted by the financial company Associated Finlease Ltd., 1E/12, Sewak House, Jhandewalan Extn., New Delhi-110 055. 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 R
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 March 21, 2000 the application for certificate of registration submitted by the financial company Associated Finlease Ltd., 1E/12, Sewak House, Jhandewalan Extn., New Delhi-110 055. 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 R
Mar 22, 2000
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 March 21, 2000, the application for Certificate of Registration submitted by M/s. Raj Janak Finlease (P) Ltd., 16, Sastrigunj, Station Road, Petlad, Gujarat-388 450.As such, the company cannot transact the business of Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.P.V. Sadana
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 March 21, 2000, the application for Certificate of Registration submitted by M/s. Raj Janak Finlease (P) Ltd., 16, Sastrigunj, Station Road, Petlad, Gujarat-388 450.As such, the company cannot transact the business of Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.P.V. Sadana
Mar 16, 2000
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 March 13, 2000, the application for Certificate of Registration submitted by M/s. Shrestha Finance Ltd., No.48, B.N. Road, Mahabubani Towers, T.Nagar, Chennai-600 017.As such, the company cannot transact the business of Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.P.V. Sada
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 March 13, 2000, the application for Certificate of Registration submitted by M/s. Shrestha Finance Ltd., No.48, B.N. Road, Mahabubani Towers, T.Nagar, Chennai-600 017.As such, the company cannot transact the business of Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1934.P.V. Sada
Mar 03, 2000
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 March 2, 2000 the application for Certificate of Registration submitted by Pal Credits (India) Limited, having its Registered Office at Bareilly Road, Haldwani, Dist.Nainital, Uttar Pradesh.As such, the above company cannot transact the business of 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 March 2, 2000 the application for Certificate of Registration submitted by Pal Credits (India) Limited, having its Registered Office at Bareilly Road, Haldwani, Dist.Nainital, Uttar Pradesh.As such, the above company cannot transact the business of Non-Banking Financial Institution as defined in Clause (a) of Section 45 IA of
Mar 01, 2000
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 February 29, 2000 the application for Certificate of Registration submitted by Ahmedabad Leasing & Finance Ltd., having its Registered Office at 101, Shreeji Complex, Ellise Bridge, Ahmedabad.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 February 29, 2000 the application for Certificate of Registration submitted by Ahmedabad Leasing & Finance Ltd., having its Registered Office at 101, Shreeji Complex, Ellise Bridge, Ahmedabad.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
Feb 29, 2000
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 February 22, 2000 the application for Certificate of Registration submitted by Teem Investment Co., having its Registered Office at Sherpur, G.T.Road, Ludhiana.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 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 February 22, 2000 the application for Certificate of Registration submitted by Teem Investment Co., having its Registered Office at Sherpur, G.T.Road, Ludhiana.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 A
Feb 28, 2000
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 February 23, 2000, the application for Certificate of Registration submitted by M/s. Sai Saran Leasing Ltd., Door No.6-64/I, Chaitanya Nagar, Gajuwaka, Visakhapatnam, Hyderabad. As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1
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 February 23, 2000, the application for Certificate of Registration submitted by M/s. Sai Saran Leasing Ltd., Door No.6-64/I, Chaitanya Nagar, Gajuwaka, Visakhapatnam, Hyderabad. As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Clause (a) of Section 45-IA of the RBI Act, 1
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