Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Jun 03, 2013
M/s Base Financials Limited, New Delhi Cancellation of Certificate of Registration
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of powers conferred on it under Section 45-IA(6) of the Reserve Bank of India Act, 1934, has cancelled on May 6, 2013, the Certificate of Registration bearing No.14.00679 dated April 24, 1998 issued to M/s Base Financials Limited, New Delhi (having its Registered Office at 904-A, Chiranjiv Tower, 43, Nehru Place, New Delhi - 110019), to carry on the business of a Non-Ban
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of powers conferred on it under Section 45-IA(6) of the Reserve Bank of India Act, 1934, has cancelled on May 6, 2013, the Certificate of Registration bearing No.14.00679 dated April 24, 1998 issued to M/s Base Financials Limited, New Delhi (having its Registered Office at 904-A, Chiranjiv Tower, 43, Nehru Place, New Delhi - 110019), to carry on the business of a Non-Ban
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May 31, 2013
Check before Depositing Money with Financial Entities: RBI Advisory
The Reserve Bank of India has today issued an advisory to members of public urging them to carefully evaluate their investment decisions, including making deposit with NBFCs. The advisory is part of the Frequently Asked Questions (FAQs) issued by the central bank. The FAQs explain in detail the various kinds of financial entities and the regulations governing them. They also list where members of public can lodge complaints in case some financial entity is found to be
The Reserve Bank of India has today issued an advisory to members of public urging them to carefully evaluate their investment decisions, including making deposit with NBFCs. The advisory is part of the Frequently Asked Questions (FAQs) issued by the central bank. The FAQs explain in detail the various kinds of financial entities and the regulations governing them. They also list where members of public can lodge complaints in case some financial entity is found to be
May 24, 2013
Finances of Non-Government Non-Financial Public Limited Companies, 2011-12
The Reserve Bank of India today released on its website, data related to Finances of Non-Government Non-Financial (NGNF) Public Limited Companies, 2011-12. The data have been compiled based on audited annual accounts of 3,041 NGNF public limited companies. It provides a comparative picture over the three-year period 2009-10 to 2011-12. ‘Explanatory notes’ on data are given at the end. Similar data for large NGNF Public Limited companies (each with paid-up capital ` 10
The Reserve Bank of India today released on its website, data related to Finances of Non-Government Non-Financial (NGNF) Public Limited Companies, 2011-12. The data have been compiled based on audited annual accounts of 3,041 NGNF public limited companies. It provides a comparative picture over the three-year period 2009-10 to 2011-12. ‘Explanatory notes’ on data are given at the end. Similar data for large NGNF Public Limited companies (each with paid-up capital ` 10
Apr 26, 2013
Certificate of Registration - Cancelled
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
Apr 22, 2013
Certificate of Registration - Cancelled
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
Mar 20, 2013
Certificate of Registration of Vilas Finance & Investment Limited Cancelled
The Reserve Bank of India has on January 31, 2013 cancelled the certificate of registration No. B-09.00397 dated February 19, 2002, issued to Vilas Finance & Investment Limited, having its registered office at 5-37-27, 2nd Floor, 4/2 Brodipet, Guntur-522002 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registration certificate the company can
The Reserve Bank of India has on January 31, 2013 cancelled the certificate of registration No. B-09.00397 dated February 19, 2002, issued to Vilas Finance & Investment Limited, having its registered office at 5-37-27, 2nd Floor, 4/2 Brodipet, Guntur-522002 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registration certificate the company can
Mar 20, 2013
Certificate of Registration - Cancelled
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies on supervisory grounds, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration N
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies on supervisory grounds, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration N
Feb 22, 2013
Finances of Non-Government Non-Financial Large Public Limited Companies, 2011-12
The Reserve Bank of India today released on its website the data related to Finances of Non-Government Non-Financial (NGNF) Large Public Limited Companies, 2011-12. The data have been compiled based on audited annual accounts of 1,843 large (each with paid-up capital of `10 million and above) NGNF public limited companies. It draws a comparative picture over the three year period 2009-10 to 2011-12. ‘Explanatory notes’ to the statements are given separately in Annexur
The Reserve Bank of India today released on its website the data related to Finances of Non-Government Non-Financial (NGNF) Large Public Limited Companies, 2011-12. The data have been compiled based on audited annual accounts of 1,843 large (each with paid-up capital of `10 million and above) NGNF public limited companies. It draws a comparative picture over the three year period 2009-10 to 2011-12. ‘Explanatory notes’ to the statements are given separately in Annexur
Feb 14, 2013
Certificate of Registration of Equitas Micro Finance India Private Limited Cancelled
The Reserve Bank of India has on December 3, 2012 cancelled the certificate of registration No. N-07-00768 dated March 13, 2008, issued to Equitas Micro Finance India Private Limited (erstwhile UPDB Micro Finance Private Limited), having its registered office at 4th Floor, Temple Tower, 672, Anna Salai, Chennai-600035 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following ca
The Reserve Bank of India has on December 3, 2012 cancelled the certificate of registration No. N-07-00768 dated March 13, 2008, issued to Equitas Micro Finance India Private Limited (erstwhile UPDB Micro Finance Private Limited), having its registered office at 4th Floor, Temple Tower, 672, Anna Salai, Chennai-600035 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following ca
Feb 06, 2013
RBI releases Final Report of the Working Group on Issues Related to Gold Imports and Gold Loan NBFCs in India
The Reserve Bank of India has today placed on its website the final Report of the Working Group to Study the Issues Related to Gold Imports and Gold Loan NBFCs (non-banking finance companies) in India. Key Recommendations of the Working Group: a. Macro Issues There is a need to moderate the demand for gold imports considering its impact on the current account deficit. A combination of demand reduction measures, supply management measures and measures to increase monet
The Reserve Bank of India has today placed on its website the final Report of the Working Group to Study the Issues Related to Gold Imports and Gold Loan NBFCs (non-banking finance companies) in India. Key Recommendations of the Working Group: a. Macro Issues There is a need to moderate the demand for gold imports considering its impact on the current account deficit. A combination of demand reduction measures, supply management measures and measures to increase monet
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