Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Nov 02, 2004
Reserve Bank Cancels Certificate of Registration of M/s Royal Finance Limited, Ahmedabad
The Reserve Bank of India, has on November 1, 2004 cancelled the certificate of registration granted to M/s Royal Finance Limited having its registered office at Samudra A-504, 5th Floor, S. P. Road, Navrangpura, Ahmedabad-380 009 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s Royal Finance Limited, cannot transact the business of a non-banking financial institution. Under powers conferred b
The Reserve Bank of India, has on November 1, 2004 cancelled the certificate of registration granted to M/s Royal Finance Limited having its registered office at Samudra A-504, 5th Floor, S. P. Road, Navrangpura, Ahmedabad-380 009 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s Royal Finance Limited, cannot transact the business of a non-banking financial institution. Under powers conferred b
Oct 30, 2004
Reserve Bank Cancels Certificate of Registration of M/s Mango Securities Limited, Hyderabad
The Reserve Bank of India, has on October 23, 2004 cancelled the certificate of registration granted to M/s Mango Securities Limited having its registered office at 3-6-874/4, Hyderguda, Hyerabad-500029 (allegedly changed to Flat No.109, S.R.Complex, Opposite to CCMB, Habsiguda, Hyderabad-500007) for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s Mango Securities Limited, cannot transact the bus
The Reserve Bank of India, has on October 23, 2004 cancelled the certificate of registration granted to M/s Mango Securities Limited having its registered office at 3-6-874/4, Hyderguda, Hyerabad-500029 (allegedly changed to Flat No.109, S.R.Complex, Opposite to CCMB, Habsiguda, Hyderabad-500007) for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s Mango Securities Limited, cannot transact the bus
Oct 29, 2004
Reserve Bank Cancels Certificate of Registration of Sri Selvanarayana Finance Limited, Chennai
The Reserve Bank of India, has on October 23, 2004 cancelled the certificate of registration granted to Sri Selvanarayana Finance Ltd. having its registered office at No.5, Balaram Complex, Vembakottai Road, Sattur-626203 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Sri Selvanarayana Finance Limited, cannot transact the business of a non-banking financial institution. Under powers conferred by
The Reserve Bank of India, has on October 23, 2004 cancelled the certificate of registration granted to Sri Selvanarayana Finance Ltd. having its registered office at No.5, Balaram Complex, Vembakottai Road, Sattur-626203 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Sri Selvanarayana Finance Limited, cannot transact the business of a non-banking financial institution. Under powers conferred by
Oct 29, 2004
Reserve Bank Cancels Certificate of Registration of M/s Shri Subhlaxmi Finvest Limited, Surendranagar
The Reserve Bank of India, has on October 25, 2004 cancelled the certificate of registration granted to M/s Shri Subhlaxmi Finvest Limited having its registered office at D/1, Yogi Shopping Centre, Main Road, Surendranagar-363001 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s Shri Subhlaxmi Finvest Limited, cannot transact the business of a non-banking financial institution. Under powers con
The Reserve Bank of India, has on October 25, 2004 cancelled the certificate of registration granted to M/s Shri Subhlaxmi Finvest Limited having its registered office at D/1, Yogi Shopping Centre, Main Road, Surendranagar-363001 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s Shri Subhlaxmi Finvest Limited, cannot transact the business of a non-banking financial institution. Under powers con
Oct 21, 2004
Reserve Bank Cancels Certificate of Registration of M/s. CHPL Finance Limited, Secunderabad
The Reserve Bank of India, has on October 18, 2004 cancelled the certificate of registration issued to M/s. CHPL Finance Limited, Secunderabad, having its registered office at Flat No.15, 2nd Floor Deepthi Apartments, Door No.9-1-7/83, S.P.Road, Secunderabad-500 026, (shifted to 2, Budhha Bhavanam, M. G. 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 A
The Reserve Bank of India, has on October 18, 2004 cancelled the certificate of registration issued to M/s. CHPL Finance Limited, Secunderabad, having its registered office at Flat No.15, 2nd Floor Deepthi Apartments, Door No.9-1-7/83, S.P.Road, Secunderabad-500 026, (shifted to 2, Budhha Bhavanam, M. G. 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 A
Oct 05, 2004
Reserve Bank Cancels Certificate of Registration of M/s. Sibar Finance Limited, Hyderabad
The Reserve Bank of India, has on September 28, 2004 cancelled the certificate of registration granted to M/s. Sibar Finance Limited, having its registered office at 27-14-49, II Floor, Rajagopalachari Street, Governorpet, Vijaywada, Hyderabad-520 002 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s. Sibar Finance Limited cannot transact the business of a non-banking financial institution. Und
The Reserve Bank of India, has on September 28, 2004 cancelled the certificate of registration granted to M/s. Sibar Finance Limited, having its registered office at 27-14-49, II Floor, Rajagopalachari Street, Governorpet, Vijaywada, Hyderabad-520 002 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s. Sibar Finance Limited cannot transact the business of a non-banking financial institution. Und
Oct 01, 2004
Reserve Bank Cancels Certificate of Registration of New Line Finance Limited, Chennai
The Reserve Bank of India, has on September 20, 2004 cancelled the certificate of registration granted to New Line Finance Limited, having its registered office at 15, Halls Road, Egmore, Chennai-600 008 for carrying on the business of a non-banking financial institution as the company opted to exit from the business of non-banking financial institution. Following cancellation of registration certificate, New Line Finance Limited cannot transact the business of a non-
The Reserve Bank of India, has on September 20, 2004 cancelled the certificate of registration granted to New Line Finance Limited, having its registered office at 15, Halls Road, Egmore, Chennai-600 008 for carrying on the business of a non-banking financial institution as the company opted to exit from the business of non-banking financial institution. Following cancellation of registration certificate, New Line Finance Limited cannot transact the business of a non-
Sep 22, 2004
Reserve Bank Cancels Certificate of Registration of M/s. Vir Finlease Limited, Ahmedabad
The Reserve Bank of India, has on September 15, 2004 cancelled the certificate of registration granted to M/s. Vir Finlease Limited having its registered office at 1, First Floor, Vee-Murti Complex, Gurukul Road, Memnagar, Ahmedabad-380 052 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s. Vir Finlease Limited cannot transact the business of a non-banking financial institution. Under powers co
The Reserve Bank of India, has on September 15, 2004 cancelled the certificate of registration granted to M/s. Vir Finlease Limited having its registered office at 1, First Floor, Vee-Murti Complex, Gurukul Road, Memnagar, Ahmedabad-380 052 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, M/s. Vir Finlease Limited cannot transact the business of a non-banking financial institution. Under powers co
Sep 17, 2004
Reserve Bank Cancels Certificate of Registration of Sehajpal Finance & Investment Limited, Nawanshar
The Reserve Bank of India, has on September 7, 2004 cancelled the certificate of registration granted to Sehajpal Finance & Investment Limited having its registered office at 1st Floor, Preet Palace, Rahon Road, Nawanshar Doaba (Punjab) for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Sehajpal Finance & Investment Limited cannot transact the business of a non-banking financial institution.
The Reserve Bank of India, has on September 7, 2004 cancelled the certificate of registration granted to Sehajpal Finance & Investment Limited having its registered office at 1st Floor, Preet Palace, Rahon Road, Nawanshar Doaba (Punjab) for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Sehajpal Finance & Investment Limited cannot transact the business of a non-banking financial institution.
Sep 17, 2004
RBI meets RNBCs
A meeting was held with Residuary Non-Banking Companies (RNBCs) today in the Reserve Bank of India. Dr. Y V Reddy, Governor, Reserve Bank chaired the meeting which was attended by Smt. K J Udeshi, Deputy Governor and Smt. Shyamala Gopinath, Executive Director along with other senior officials of the Reserve Bank. RNBCs were represented by Shri Subrata Roy, Managing Director, Sahara Indian Financial Corporation Limited, Shri S K Roy, Managing Director of Peerless Gener
A meeting was held with Residuary Non-Banking Companies (RNBCs) today in the Reserve Bank of India. Dr. Y V Reddy, Governor, Reserve Bank chaired the meeting which was attended by Smt. K J Udeshi, Deputy Governor and Smt. Shyamala Gopinath, Executive Director along with other senior officials of the Reserve Bank. RNBCs were represented by Shri Subrata Roy, Managing Director, Sahara Indian Financial Corporation Limited, Shri S K Roy, Managing Director of Peerless Gener
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