Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Nov 25, 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 November 20, 1998, the application for certificate of registration submitted by the financial company M/s. Standard Savings & Investments Co. Ltd., Gola Ghat Chowk, Bhagalpur.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 Reserv
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 20, 1998, the application for certificate of registration submitted by the financial company M/s. Standard Savings & Investments Co. Ltd., Gola Ghat Chowk, Bhagalpur.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 Reserv
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Nov 24, 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 November 21, 1998, the application for certificate of registration submitted by the M/s. Nath Capital & Financial Services Limited, a Non-Banking Financial Company having its Registered Office at 1, Chatean Windsor, 86, Veer Nariman Road, Churchgate, Mumbai 400 020.As such, the above company cannot transact the business 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 November 21, 1998, the application for certificate of registration submitted by the M/s. Nath Capital & Financial Services Limited, a Non-Banking Financial Company having its Registered Office at 1, Chatean Windsor, 86, Veer Nariman Road, Churchgate, Mumbai 400 020.As such, the above company cannot transact the business of
Nov 23, 1998
Rejection of application for certificate of registration
The Reserve Bank of Indiain exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 21, 1998 the application for certificate of registration submitted by the M/s. New Royal Prompt Investments & Leasing Ltd., 750, Sarafa Silver Compound, Jabalpur-482 002 (M.P.).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 Indiain exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 21, 1998 the application for certificate of registration submitted by the M/s. New Royal Prompt Investments & Leasing Ltd., 750, Sarafa Silver Compound, Jabalpur-482 002 (M.P.).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
Nov 23, 1998
Rejection of application for certificate of registration
The Reserve Bank of Indiain exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 21, 1998 the application for certificate of registration submitted by the M/s. Avia Finance & Investments Pvt. Ltd., 145 C Mittal Court, 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 Reserv
The Reserve Bank of Indiain exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 21, 1998 the application for certificate of registration submitted by the M/s. Avia Finance & Investments Pvt. Ltd., 145 C Mittal Court, 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 Reserv
Nov 21, 1998
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 financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Mohali Hire Purchase Private Ltd., Village Dappar, District Patiala, Punjab. 20.11.1998 2. M/s. Canopy Securities & Finance Ltd., Top Floor, Mahashakti Complex, Stadium Cr
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 financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Mohali Hire Purchase Private Ltd., Village Dappar, District Patiala, Punjab. 20.11.1998 2. M/s. Canopy Securities & Finance Ltd., Top Floor, Mahashakti Complex, Stadium Cr
Nov 20, 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 November 19, 1998, the application for certificate of registration submitted by the financial company M/s. Faldrup Finance Pvt. Ltd., 18, Ramco Apartments, 18th Floor, Khar (West), Mumbai 400 052. 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 November 19, 1998, the application for certificate of registration submitted by the financial company M/s. Faldrup Finance Pvt. Ltd., 18, Ramco Apartments, 18th Floor, Khar (West), Mumbai 400 052. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
Nov 20, 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 November 19, 1998, the application for certificate of registration submitted by the financial company M/s. Bright Future Finance & Investment Ltd., P-38 Block-B, Lake Town, Calcutta-700 089. 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 November 19, 1998, the application for certificate of registration submitted by the financial company M/s. Bright Future Finance & Investment Ltd., P-38 Block-B, Lake Town, Calcutta-700 089. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
Nov 19, 1998
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 Company Rejected on 1. M/s. Mahanivesh (India) Ltd., 13/34, W.E.A., 4th Floor, Arya Samaj Road, Karol Baug, New Delhi-110 005. 18.11.1998 2. M/s.Geefcee Finance Ltd., Baroda Road, Gohana, Haryana-124 30
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 Company Rejected on 1. M/s. Mahanivesh (India) Ltd., 13/34, W.E.A., 4th Floor, Arya Samaj Road, Karol Baug, New Delhi-110 005. 18.11.1998 2. M/s.Geefcee Finance Ltd., Baroda Road, Gohana, Haryana-124 30
Nov 19, 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 November 18, 1998, the application for certificate of registration submitted by M/s. Chicago Futures & Finance Ltd., a non-banking financial company having its Registered Office at 710-D, GIDC Estate, Ankleshwar-393 002. As such, the above company cannot transact the business of a non-banking financial institution as defin
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 18, 1998, the application for certificate of registration submitted by M/s. Chicago Futures & Finance Ltd., a non-banking financial company having its Registered Office at 710-D, GIDC Estate, Ankleshwar-393 002. As such, the above company cannot transact the business of a non-banking financial institution as defin
Nov 17, 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 November 14, 1998, the application for certificate of registration submitted by M/s. Lalchand Hastimal Investment Private Ltd., having its Registered Office at 7-2-765, Pot Market, Secunderabad 500 003. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of S
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 14, 1998, the application for certificate of registration submitted by M/s. Lalchand Hastimal Investment Private Ltd., having its Registered Office at 7-2-765, Pot Market, Secunderabad 500 003. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of S
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