Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Feb 09, 2009
Certificate of Registration of M/s. Nilanshu Hire Purchase Ltd. - Cancelled
The Reserve Bank of India has on January 19, 2009 cancelled the certificate of registration granted to M/s. Nilanshu Hire Purchase Ltd. having its registered office at Ayodhya Nagar, Ujhani, Budaun for carrying on the business of a non-banking financial institution as the company has voluntarily exited from the business of a non-banking financial institution. Following cancellation of the registration certificate the company cannot transact the business of a non-banki
The Reserve Bank of India has on January 19, 2009 cancelled the certificate of registration granted to M/s. Nilanshu Hire Purchase Ltd. having its registered office at Ayodhya Nagar, Ujhani, Budaun for carrying on the business of a non-banking financial institution as the company has voluntarily exited from the business of a non-banking financial institution. Following cancellation of the registration certificate the company cannot transact the business of a non-banki
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Feb 09, 2009
Certificate of Registration of M/s. Padmavati Financial Services Ltd. - Cancelled
The Reserve Bank of India has on January 15, 2009 cancelled the certificate of registration granted to M/s. Padmavati Financial Services Ltd. having its registered office at 28, Hastings Road, Allahabad for carrying on the business of a non-banking financial institution as the company has voluntarily exited from the business of a non-banking financial institution. Following cancellation of the registration certificate the company cannot transact the business of a non-
The Reserve Bank of India has on January 15, 2009 cancelled the certificate of registration granted to M/s. Padmavati Financial Services Ltd. having its registered office at 28, Hastings Road, Allahabad for carrying on the business of a non-banking financial institution as the company has voluntarily exited from the business of a non-banking financial institution. Following cancellation of the registration certificate the company cannot transact the business of a non-
Jan 29, 2009
Certificate of Registration of M/s. Rangers Commercial Pvt. Ltd. - Cancelled
The Reserve Bank of India has on November 11, 2008 cancelled the certificate of registration granted to M/s. Rangers Commercial Pvt. Ltd. having its registered office at Office No. 1, Impex Palace, Near Dogra Hall, New Secretariat Road, Jammu-180001, for carrying on the business of a non-banking financial institution as the company has voluntarily exited from the business of a non-banking financial institution. Following cancellation of the registration certificate th
The Reserve Bank of India has on November 11, 2008 cancelled the certificate of registration granted to M/s. Rangers Commercial Pvt. Ltd. having its registered office at Office No. 1, Impex Palace, Near Dogra Hall, New Secretariat Road, Jammu-180001, for carrying on the business of a non-banking financial institution as the company has voluntarily exited from the business of a non-banking financial institution. Following cancellation of the registration certificate th
Jan 13, 2009
Reserve Bank Rejects Application for Certificate of Registration of
M/s Sahu Mutual Benefit & Finance Ltd.
M/s Sahu Mutual Benefit & Finance Ltd.
The Reserve Bank of India has on December 18, 2008 rejected the application for certificate of registration of M/s Sahu Mutual Benefit & Finance Ltd., Sahu Theatre Building, Hazratganj, Lucknow for carrying on the business of a non-banking financial institution. Following rejection of the application for certificate of registration M/s Sahu Mutual Benefit & Finance Ltd., cannot transact the business of a non-banking financial institution. </P>The Reserve
The Reserve Bank of India has on December 18, 2008 rejected the application for certificate of registration of M/s Sahu Mutual Benefit & Finance Ltd., Sahu Theatre Building, Hazratganj, Lucknow for carrying on the business of a non-banking financial institution. Following rejection of the application for certificate of registration M/s Sahu Mutual Benefit & Finance Ltd., cannot transact the business of a non-banking financial institution. </P>The Reserve
Dec 12, 2008
Certificate of Registration of Blue Green Constructions
& Investments Ltd. Cancelled
& Investments Ltd. Cancelled
The Reserve Bank of India has on November 24, 2008 cancelled the certificate of registration granted to Blue Green Constructions & Investments Ltd. having its registered office at Habib Complex, 6th Floor, No.5, Durgabai Deshmukh Road, R.A. Puram, Chennai-600028, for carrying on the business of a non-banking financial institution as the company has opted to exit from the business of a non-banking financial institution. Following cancellation of the registration ce
The Reserve Bank of India has on November 24, 2008 cancelled the certificate of registration granted to Blue Green Constructions & Investments Ltd. having its registered office at Habib Complex, 6th Floor, No.5, Durgabai Deshmukh Road, R.A. Puram, Chennai-600028, for carrying on the business of a non-banking financial institution as the company has opted to exit from the business of a non-banking financial institution. Following cancellation of the registration ce
Dec 05, 2008
RBI Seeks Comments on change in or take over of the Management of the business of the borrower under SARFAESI Act, 2002
The Reserve Bank of India has today placed on its website draft regulatory guidelines for securitisation and reconstruction companies. The draft guidelines relate to change in or takeover of the management of the business of the borrowers by Securitisation Companies/Reconstruction Companies. The Reserve Bank has invited comments on the draft guidelines from banks, financial institutions, non-banking finance companies, securitisation companies, reconstruction companies
The Reserve Bank of India has today placed on its website draft regulatory guidelines for securitisation and reconstruction companies. The draft guidelines relate to change in or takeover of the management of the business of the borrowers by Securitisation Companies/Reconstruction Companies. The Reserve Bank has invited comments on the draft guidelines from banks, financial institutions, non-banking finance companies, securitisation companies, reconstruction companies
Nov 25, 2008
Certificate of Registration of KGK Finance Limited Cancelled
The Reserve Bank of India has on October 29, 2008 cancelled the certificate of registration issued to KGK Finance Limited having its registered office at `Sri Rangapadmam', No.2, Hasthigiri Street, West Mambalam, Chennai-600033, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. Under powers conferred by Section 45-I
The Reserve Bank of India has on October 29, 2008 cancelled the certificate of registration issued to KGK Finance Limited having its registered office at `Sri Rangapadmam', No.2, Hasthigiri Street, West Mambalam, Chennai-600033, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. Under powers conferred by Section 45-I
Nov 06, 2008
Certificate of Registration of M/s. Western Securities Ltd. Cancelled
The Reserve Bank of India has on October 1, 2008 cancelled the certificate of registration granted to M/s. Western Securities Ltd. having its registered office at Hincon House, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai-400083, for carrying on the business of a non-banking financial institution as the company has opted to exit from the business of a non-banking financial institution. Following cancellation of the registration certificate the company cannot tran
The Reserve Bank of India has on October 1, 2008 cancelled the certificate of registration granted to M/s. Western Securities Ltd. having its registered office at Hincon House, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai-400083, for carrying on the business of a non-banking financial institution as the company has opted to exit from the business of a non-banking financial institution. Following cancellation of the registration certificate the company cannot tran
Oct 31, 2008
Certificate of Registration of M/s. Varun Capital Services Private Limited Cancelled
The Reserve Bank of India has on October 01, 2008 cancelled the certificate of registration granted to M/s. Varun Capital Services Private Limited having its registered office at 'Harikrupa' Santaram Road, Nadiad-387001 for carrying on the business of a non-banking financial institution as the company has ceased to be a non-banking financial institution and is not traceable. Following cancellation of the registration certificate the company cannot transact the busines
The Reserve Bank of India has on October 01, 2008 cancelled the certificate of registration granted to M/s. Varun Capital Services Private Limited having its registered office at 'Harikrupa' Santaram Road, Nadiad-387001 for carrying on the business of a non-banking financial institution as the company has ceased to be a non-banking financial institution and is not traceable. Following cancellation of the registration certificate the company cannot transact the busines
Oct 31, 2008
Certificate of Registration of M/s. SDFC Finance Limited Cancelled
The Reserve Bank of India has on October 01, 2008 cancelled the certificate of registration granted to M/s. SDFC Finance Limited having its registered office at Vyavasay Building, Ground Floor, Nr. Veraimata Mandir, Dinesh Mill Road, Vadodara-390005 for carrying on the business of a non-banking financial institution as the company has ceased to be a non-banking financial institution. Following cancellation of the registration certificate the company cannot transact th
The Reserve Bank of India has on October 01, 2008 cancelled the certificate of registration granted to M/s. SDFC Finance Limited having its registered office at Vyavasay Building, Ground Floor, Nr. Veraimata Mandir, Dinesh Mill Road, Vadodara-390005 for carrying on the business of a non-banking financial institution as the company has ceased to be a non-banking financial institution. Following cancellation of the registration certificate the company cannot transact th
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