Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Mar 22, 2005
RBI meets NBFC Representatives
Dr Y V Reddy, Governor, Reserve Bank of India, last week met the Finance Industry Development Council (FIDC), a representative body of non-banking finance companies (NBFCs). Deputy Governor Shri V Leeladhar, Shri A V Sardesai, Executive Director and other senior officials of the Reserve Bank were also present. The objective of the meeting was to work out a three-year perspective for the sector. In his opening remarks, the Governor pointed out that the NBFCs were an im
Dr Y V Reddy, Governor, Reserve Bank of India, last week met the Finance Industry Development Council (FIDC), a representative body of non-banking finance companies (NBFCs). Deputy Governor Shri V Leeladhar, Shri A V Sardesai, Executive Director and other senior officials of the Reserve Bank were also present. The objective of the meeting was to work out a three-year perspective for the sector. In his opening remarks, the Governor pointed out that the NBFCs were an im
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Feb 21, 2005
Reserve Bank Cancels Certificate of Registration of Chopra and Cheema Bros.Finlease Private Limited, New Delhi
The Reserve Bank of India, has on February 5, 2005 cancelled the certificate of registration issued to Chopra and Cheema Bros.Finlease Private Limited, having its registered office at M-450, Guru Harkrishan Nagar, Paschim Vihar, New Delhi-110 087 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking finan
The Reserve Bank of India, has on February 5, 2005 cancelled the certificate of registration issued to Chopra and Cheema Bros.Finlease Private Limited, having its registered office at M-450, Guru Harkrishan Nagar, Paschim Vihar, New Delhi-110 087 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking finan
Feb 19, 2005
Reserve Bank Cancels Certificate of Registration of Cheyyar Sri Vasavi Benefit Fund Limited, Chennai
The Reserve Bank of India, has on February 7, 2005 cancelled the certificate of registration granted to Cheyyar Sri Vasavi Benefit Fund Limited having its registered office at B. Ramakannu Chettiar Building, No.40, Gandhi Road, Cheyyar-604 407 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Cheyyar Sri Vasavi Benefit Fund Limited cannot transact the business of a non-banking financial institution
The Reserve Bank of India, has on February 7, 2005 cancelled the certificate of registration granted to Cheyyar Sri Vasavi Benefit Fund Limited having its registered office at B. Ramakannu Chettiar Building, No.40, Gandhi Road, Cheyyar-604 407 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Cheyyar Sri Vasavi Benefit Fund Limited cannot transact the business of a non-banking financial institution
Feb 18, 2005
Reserve Bank Cancels Certificate of Registration of Vinayaka Sai Finvest Ltd., Hyderabad
The Reserve Bank of India, has on February 14, 2005 cancelled the certificate of registration issued to Vinayaka Sai Finvest Limited, having its registered office at 5-5-61, Khaleelwadi, Nizamabad-503 003 and 2-5-43 Jawahar Road, Nizamabad and 1-607, Divyashakti Apartments, Ameerpet, Hyderabad-500 016 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can
The Reserve Bank of India, has on February 14, 2005 cancelled the certificate of registration issued to Vinayaka Sai Finvest Limited, having its registered office at 5-5-61, Khaleelwadi, Nizamabad-503 003 and 2-5-43 Jawahar Road, Nizamabad and 1-607, Divyashakti Apartments, Ameerpet, Hyderabad-500 016 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can
Feb 18, 2005
Reserve Bank Cancels Certificate of Registration of Mahatma Securities India Ltd., Hyderabad
The Reserve Bank of India, has on February 11, 2005 cancelled the certificate of registration issued to Mahatma Securities India Limited, having its registered office at Mahatma Bhavan, 1st Floor, Opp. R & B Guest House, Karimnagar-505 001 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking financia
The Reserve Bank of India, has on February 11, 2005 cancelled the certificate of registration issued to Mahatma Securities India Limited, having its registered office at Mahatma Bhavan, 1st Floor, Opp. R & B Guest House, Karimnagar-505 001 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking financia
Feb 18, 2005
Reserve Bank Cancels Certificate of Registration of Icon Securities India Ltd., Hyderabad
The Reserve Bank of India, has on February 11, 2005 cancelled the certificate of registration issued to Icon Securities India Limited, having its registered office at Plot No.S-2, Sivalahari Apartments, Road No.13, Himayatnagar, Hyderabad-500 029 and Behind Telephone Bhavan, New Bus Stand Road, Jagtial, Karimnagar Dist. for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, th
The Reserve Bank of India, has on February 11, 2005 cancelled the certificate of registration issued to Icon Securities India Limited, having its registered office at Plot No.S-2, Sivalahari Apartments, Road No.13, Himayatnagar, Hyderabad-500 029 and Behind Telephone Bhavan, New Bus Stand Road, Jagtial, Karimnagar Dist. for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, th
Feb 15, 2005
Reserve Bank Cancels Certificate of Registration of Bhaskar Narayan Finance Company Private Ltd., Hyderabad
The Reserve Bank of India, has on February 8, 2005 cancelled the certificate of registration issued to Bhaskar Narayan Finance Company Private Limited, having its registered office at 501, Sandhya Enclave, Saibaba Temple Lane, Dwarakapuri Colony, Punjagutta, Hyderabad 500 082 (since shifted to Flat No.102, H.No.6-1-69/1, Block `A', G.K.R.Mansion, Saifabad, Hyderabad 500 004 for carrying on the business of a non-banking financial institution. Under powers conferred by
The Reserve Bank of India, has on February 8, 2005 cancelled the certificate of registration issued to Bhaskar Narayan Finance Company Private Limited, having its registered office at 501, Sandhya Enclave, Saibaba Temple Lane, Dwarakapuri Colony, Punjagutta, Hyderabad 500 082 (since shifted to Flat No.102, H.No.6-1-69/1, Block `A', G.K.R.Mansion, Saifabad, Hyderabad 500 004 for carrying on the business of a non-banking financial institution. Under powers conferred by
Feb 15, 2005
Reserve Bank Cancels Certificate of Registration of Suryavanshi Finance & Investments Pvt. Ltd., Secunderabad
The Reserve Bank of India, has on February 11, 2005 cancelled the certificate of registration issued to Suryavanshi Finance & Investments Pvt. Ltd, having its registered office at `B' Block, 6th Floor, Surya Towers, 105, Sardar Patel Road, Secunderabad 500 003 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of
The Reserve Bank of India, has on February 11, 2005 cancelled the certificate of registration issued to Suryavanshi Finance & Investments Pvt. Ltd, having its registered office at `B' Block, 6th Floor, Surya Towers, 105, Sardar Patel Road, Secunderabad 500 003 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of
Feb 15, 2005
Reserve Bank Cancels Certificate of Registration of Sona Finance Ltd., Hyderabad
The Reserve Bank of India, has on February 7, 2005 cancelled the certificate of registration issued to Sona Finance Limited, having its registered office at B-103, Yaseen Complex, Pancom Business Centre, Ameerpet `X' Roads, Hyderabad 500 073 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking financial
The Reserve Bank of India, has on February 7, 2005 cancelled the certificate of registration issued to Sona Finance Limited, having its registered office at B-103, Yaseen Complex, Pancom Business Centre, Ameerpet `X' Roads, Hyderabad 500 073 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking financial
Feb 10, 2005
Reserve Bank Cancels Certificate of Registration of Al-Ameen Islamic Financial & Investment Corporation (India) Ltd.
The Reserve Bank of India, has on January 29, 2005 cancelled the certificate of registration granted to Al-Ameen Islamic Financial & Investment Corporation (India) Ltd., having its registered office at No.69, Al-Ameen Tower, 3rd Floor, Near Lalbagh Main Gate, Hosur Road, Bangalore-560 027 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Al-Ameen Islamic Financial & Investment Corporation (
The Reserve Bank of India, has on January 29, 2005 cancelled the certificate of registration granted to Al-Ameen Islamic Financial & Investment Corporation (India) Ltd., having its registered office at No.69, Al-Ameen Tower, 3rd Floor, Near Lalbagh Main Gate, Hosur Road, Bangalore-560 027 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Al-Ameen Islamic Financial & Investment Corporation (
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