Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Dec 23, 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 December 20, 1999 the application for Certificate of Registration submitted by the financial company M/s. Bharari Savings & Investment Finance Company Ltd., Shivshanti Apartments, Room No.17, 4th floor, Near S. T. Stand, Kulgaon, Badlapur (West), District Thane.As such, the above company cannot transact the business of 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 December 20, 1999 the application for Certificate of Registration submitted by the financial company M/s. Bharari Savings & Investment Finance Company Ltd., Shivshanti Apartments, Room No.17, 4th floor, Near S. T. Stand, Kulgaon, Badlapur (West), District Thane.As such, the above company cannot transact the business of a
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Dec 22, 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 certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Vicar General Finance Company Ltd., Hill Cart Road, Siliguri, Darjeeling, West Bengal.21.12.19992.M/s. Triveni Greenery Finlease (I) Limited, 15, Diggi House, Shivaji Marg, Ram Sin
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 certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. M/s. Vicar General Finance Company Ltd., Hill Cart Road, Siliguri, Darjeeling, West Bengal.21.12.19992.M/s. Triveni Greenery Finlease (I) Limited, 15, Diggi House, Shivaji Marg, Ram Sin
Dec 20, 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 December 18, 1999, the application for Certificate of Registration submitted by the financial company, M/s. IFB Finance Ltd., 8/1, Middleton Row, Calcutta-700 071.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 Indi
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, 1999, the application for Certificate of Registration submitted by the financial company, M/s. IFB Finance Ltd., 8/1, Middleton Row, Calcutta-700 071.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 Indi
Dec 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 December 17, 1999, the application for Certificate of Registration submitted by the financial company, M/s. NTPL Finlevest Pvt. Ltd., Delight Bhavan, Asifganj Chowk, Azamgarh, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA
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 17, 1999, the application for Certificate of Registration submitted by the financial company, M/s. NTPL Finlevest Pvt. Ltd., Delight Bhavan, Asifganj Chowk, Azamgarh, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA
Dec 16, 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 December 13, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Kataria Finlease Private Limited, 5-6, Ashwarath, Nr. Usmanpura Circle, Ashram Road, Ahmedabad-380 014.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 December 13, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Kataria Finlease Private Limited, 5-6, Ashwarath, Nr. Usmanpura Circle, Ashram Road, Ahmedabad-380 014.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
Dec 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 December 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Tarangini Finance & Investment (India) Limited, Hanuman Galli, Zenda Chowk, Sitabuldi, Nagpur-440 012.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 December 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Tarangini Finance & Investment (India) Limited, Hanuman Galli, Zenda Chowk, Sitabuldi, Nagpur-440 012.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
Dec 08, 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 certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. Wizard Mutual Benefit Company Ltd., 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar Pradesh7.12.19992. Wizard Leasings Limited, 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar P
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 certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1. Wizard Mutual Benefit Company Ltd., 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar Pradesh7.12.19992. Wizard Leasings Limited, 221 Canal Road, Rustampur, Gorakhpur-273 001, Uttar P
Dec 07, 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 December 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Disha Mutual Benefits Ltd., C 3225, Rajaji Puram, Lucknow - 226 017.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 Ba
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 6, 1999, the application for Certificate of Registration submitted by the financial company M/s. Disha Mutual Benefits Ltd., C 3225, Rajaji Puram, Lucknow - 226 017.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 Ba
Dec 06, 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 December 3, 1999, the application for Certificate of Registration submitted by the financial company M/s. Mortein Finlease Pvt. Ltd., 2211 Sector-13, Karnal-132 001, Haryana.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 Ba
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 3, 1999, the application for Certificate of Registration submitted by the financial company M/s. Mortein Finlease Pvt. Ltd., 2211 Sector-13, Karnal-132 001, Haryana.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 Ba
Dec 02, 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 30, 1999, the application for Certificate of Registration submitted by the financial company M/s. Marg Holdings and Financial Services Ltd., having its Registered Office at 501, Apex Chambers, 20, Thiagaraya Road, T.Nagar, Chennai 600 017.As such, the above company cannot transact the business of a non-banking financ
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 30, 1999, the application for Certificate of Registration submitted by the financial company M/s. Marg Holdings and Financial Services Ltd., having its Registered Office at 501, Apex Chambers, 20, Thiagaraya Road, T.Nagar, Chennai 600 017.As such, the above company cannot transact the business of a non-banking financ
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