Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Feb 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 February 12, 1999 the application for certificate of registration submitted by the financial company M/s. Satadal Savings & Investment Ltd., 137, S. P. Mukherjee Road, Unit 18 (1st Floor), Calcutta - 700 026.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 February 12, 1999 the application for certificate of registration submitted by the financial company M/s. Satadal Savings & Investment Ltd., 137, S. P. Mukherjee Road, Unit 18 (1st Floor), Calcutta - 700 026.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
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Feb 09, 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 February 5, 1999 the application for certificate of registration submitted by M/s Enarai Finance Ltd., a Non-Banking Financial Company having its Registered Office at B-104, Station Plaza, Station Road, Bhandup (West), Mumbai 400 078.As such, the above company cannot transact the business of a non-banking financial institutio
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 5, 1999 the application for certificate of registration submitted by M/s Enarai Finance Ltd., a Non-Banking Financial Company having its Registered Office at B-104, Station Plaza, Station Road, Bhandup (West), Mumbai 400 078.As such, the above company cannot transact the business of a non-banking financial institutio
Feb 02, 1999
Application for grant of Certificate of Registration rejected
February 2, 1999The 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. Marigold Motor Advances (India) Ltd., SCO-846 Shivalik Enclave, Manimajra, Chandigarh28.1.1999 2.M/s. Marigold Leasing (India) Ltd., SCO-846 Shivalik Enclave, Mani
February 2, 1999The 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. Marigold Motor Advances (India) Ltd., SCO-846 Shivalik Enclave, Manimajra, Chandigarh28.1.1999 2.M/s. Marigold Leasing (India) Ltd., SCO-846 Shivalik Enclave, Mani
Jan 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 January 12, 1999, the application for certificate of registration submitted by M/s. Vasanthi Finance Ltd., having its Registered Office at 22-240/5, Nandita Complex, Opp. KPHB Colony, Kukatpally, Hyderabad-500 072.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
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 January 12, 1999, the application for certificate of registration submitted by M/s. Vasanthi Finance Ltd., having its Registered Office at 22-240/5, Nandita Complex, Opp. KPHB Colony, Kukatpally, Hyderabad-500 072.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
Jan 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 January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Memorial Finance & Investment (I) Ltd., 71/IA, Patuatola Lane, Calcutta-700 009.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, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Memorial Finance & Investment (I) Ltd., 71/IA, Patuatola Lane, Calcutta-700 009.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
Jan 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 January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Pittie Finance Ltd., 713, Raheja Centre, Nariman Point, Mumbai 400 021..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
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 January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Pittie Finance Ltd., 713, Raheja Centre, Nariman Point, Mumbai 400 021..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
Jan 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 January 11, 1999, the application for certificate of registration submitted by the financial company M/s. Singal Leasefin Ltd., Singal House, 2367, Kalupur, Kot-Ni-Rang, Ahmedabad-380 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I 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 January 11, 1999, the application for certificate of registration submitted by the financial company M/s. Singal Leasefin Ltd., Singal House, 2367, Kalupur, Kot-Ni-Rang, Ahmedabad-380 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of
Jan 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 certificates of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. S. M. Finance Ltd. No.6, Upper Ground Floor, Nalanda Apartment, Somajiguda, Hyderabad-500 08209.01.1999 2.M/s. Madhusudan
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 certificates of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. S. M. Finance Ltd. No.6, Upper Ground Floor, Nalanda Apartment, Somajiguda, Hyderabad-500 08209.01.1999 2.M/s. Madhusudan
Jan 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 non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Midwest Mutual Fund Ltd.1-10-73/1, Airport Road, Begumpet, Hyderabad-500 016.7.1.1999 2.M/s. Midwest Hire Purchase Ltd.1-1
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 the applications for grant of certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Midwest Mutual Fund Ltd.1-10-73/1, Airport Road, Begumpet, Hyderabad-500 016.7.1.1999 2.M/s. Midwest Hire Purchase Ltd.1-1
Jan 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 January 7, 1999 the application for certificate of registration submitted by the financial company M/s. KMF Securities Limited, 1018, Bansal Chambers, Arya Samaj Road, Karol Baug, New Delhi- 110 005.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 January 7, 1999 the application for certificate of registration submitted by the financial company M/s. KMF Securities Limited, 1018, Bansal Chambers, Arya Samaj Road, Karol Baug, New Delhi- 110 005.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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