Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Oct 06, 1999
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 October 5, 1999, the application for Certificate of Registration submitted by the financial company, Vishal Finance and Construction Co. Ltd., 1st floor, Western Block, Arunoday Market Building, Cuttack.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 October 5, 1999, the application for Certificate of Registration submitted by the financial company, Vishal Finance and Construction Co. Ltd., 1st floor, Western Block, Arunoday Market Building, Cuttack.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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Oct 05, 1999
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 October 4, 1999 the application for Certificate of Registration submitted by the financial company Om Finance & Property Development Pvt. Ltd., Cinema Hall Road, Bolangir, PIN 767 001.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 India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on October 4, 1999 the application for Certificate of Registration submitted by the financial company Om Finance & Property Development Pvt. Ltd., Cinema Hall Road, Bolangir, PIN 767 001.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
Sep 30, 1999
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 September 30, 1999 the application for Certificate of Registration submitted by the financial company M/s. Srijani Finance & Investment Co. Ltd., Baruipur, Station Road, Dist. South 24-Paraganas, West Bengal.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
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 September 30, 1999 the application for Certificate of Registration submitted by the financial company M/s. Srijani Finance & Investment Co. Ltd., Baruipur, Station Road, Dist. South 24-Paraganas, West Bengal.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
Sep 30, 1999
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 CompanyRejected on1. M/s. Shri Niketan Credits (India) Ltd., D-38.114, Hauz Katora, Varanasi, Uttar Pradesh28.9.19992.M/s. KVR Sri Venkateswara Finance Pvt. Ltd., D.No.6-43, KASPA Street, Cheepurupalli-53
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 CompanyRejected on1. M/s. Shri Niketan Credits (India) Ltd., D-38.114, Hauz Katora, Varanasi, Uttar Pradesh28.9.19992.M/s. KVR Sri Venkateswara Finance Pvt. Ltd., D.No.6-43, KASPA Street, Cheepurupalli-53
Sep 30, 1999
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 September 30, 1999 the application for Certificate of Registration submitted by the financial company M/s. Classic Global Securities Ltd., P-27, Princep Street, 3rd Floor, Calcutta-700 072.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 India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 30, 1999 the application for Certificate of Registration submitted by the financial company M/s. Classic Global Securities Ltd., P-27, Princep Street, 3rd Floor, Calcutta-700 072.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
Sep 28, 1999
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 CompanyRejected on1. M/s. Sri Nookambica Finance & Investments (P) Ltd., 28-11-38(2), Surya Bag, Visakhapatnam-530 020.24.9.19992.M/s. Renuga Finance (P) Ltd., 134, Kamatchi Amman, Koil Street, Tirupu
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 CompanyRejected on1. M/s. Sri Nookambica Finance & Investments (P) Ltd., 28-11-38(2), Surya Bag, Visakhapatnam-530 020.24.9.19992.M/s. Renuga Finance (P) Ltd., 134, Kamatchi Amman, Koil Street, Tirupu
Sep 27, 1999
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 September 27, 1999 the application for Certificate of Registration submitted by the financial company Groweth India Finance & Investment Ltd., 705, Luvkush Tower, Exhibition Road, Patna-800 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sectio
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 September 27, 1999 the application for Certificate of Registration submitted by the financial company Groweth India Finance & Investment Ltd., 705, Luvkush Tower, Exhibition Road, Patna-800 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sectio
Sep 24, 1999
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 September 22, 1999 the application for Certificate of Registration submitted by the financial company M/s. Zen Global Finance Ltd., A-26, Bajanaikoil Street, Choolaimedu, Chennai-600 094.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 t
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 September 22, 1999 the application for Certificate of Registration submitted by the financial company M/s. Zen Global Finance Ltd., A-26, Bajanaikoil Street, Choolaimedu, Chennai-600 094.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 t
Sep 21, 1999
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 September 15, 1999 the application for Certificate of Registration submitted by the financial company M/s. Kirloskar Investment & Finance Ltd., Unity Building, Second floor, J.C.Road, Bangalore-560002.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) 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 September 15, 1999 the application for Certificate of Registration submitted by the financial company M/s. Kirloskar Investment & Finance Ltd., Unity Building, Second floor, J.C.Road, Bangalore-560002.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of
Sep 21, 1999
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 CompanyRejected on1. M/s. Marvellous General Finance & Investment Ltd., 22, Anna Salai, Tiruvannamalai - 600 601.20.9.19992.M/s. Sneha Sindhu Securities Ltd., Door No.3-5-762, Vittalwadi X Roads, Nara
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 CompanyRejected on1. M/s. Marvellous General Finance & Investment Ltd., 22, Anna Salai, Tiruvannamalai - 600 601.20.9.19992.M/s. Sneha Sindhu Securities Ltd., Door No.3-5-762, Vittalwadi X Roads, Nara
Sep 17, 1999
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 September 15, 1999 the application for Certificate of Registration submitted by the financial company Rand Finance Pvt. Ltd., 1(1) K.R.R. Layout, Mangalam Road, Karuvampalayam, Tirupur-641 604.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 September 15, 1999 the application for Certificate of Registration submitted by the financial company Rand Finance Pvt. Ltd., 1(1) K.R.R. Layout, Mangalam Road, Karuvampalayam, Tirupur-641 604.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
Sep 15, 1999
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 September 15, 1999 the application for Certificate of Registration submitted by the financial company M/s. Union Credit and Development (India) Ltd., 'Rockland', 87, Lenin Sarani, Ground Floor, Calcutta 700 013.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
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 September 15, 1999 the application for Certificate of Registration submitted by the financial company M/s. Union Credit and Development (India) Ltd., 'Rockland', 87, Lenin Sarani, Ground Floor, Calcutta 700 013.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
Sep 14, 1999
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 September 10, 1999 the application for Certificate of Registration submitted by the financial company Ratnajyoti Finance & Trading Private Ltd., Dr. Huze Road, Nagaon, Assam.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 September 10, 1999 the application for Certificate of Registration submitted by the financial company Ratnajyoti Finance & Trading Private Ltd., Dr. Huze Road, Nagaon, Assam.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
Sep 10, 1999
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 September 9, 1999 the application for Certificate of Registration submitted by the financial company M/s. Viswasakthi Finance Ltd., 210, M.T.H. Road, Villivakkam, Chennai-600 049.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 Reser
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 September 9, 1999 the application for Certificate of Registration submitted by the financial company M/s. Viswasakthi Finance Ltd., 210, M.T.H. Road, Villivakkam, Chennai-600 049.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 Reser
Sep 10, 1999
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 CompanyRejected on1. M/s. Janapriya Finance & Industrial Investment (I) Ltd., 113 Park Street, 7th floor, North Block, Calcutta-700 016.8.9.19992.North Kamrup Albatross Small Investment Co. Ltd., Baih
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 CompanyRejected on1. M/s. Janapriya Finance & Industrial Investment (I) Ltd., 113 Park Street, 7th floor, North Block, Calcutta-700 016.8.9.19992.North Kamrup Albatross Small Investment Co. Ltd., Baih
Sep 10, 1999
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 September 9, 1999 the application for Certificate of Registration submitted by the financial company M/s. Zencare Finance & Investment Private Ltd., "Gokul", Opp. G.T.Sheth Vidyalaya, Kalawad Road, Rajkot-360 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in C
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 September 9, 1999 the application for Certificate of Registration submitted by the financial company M/s. Zencare Finance & Investment Private Ltd., "Gokul", Opp. G.T.Sheth Vidyalaya, Kalawad Road, Rajkot-360 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in C
Sep 08, 1999
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 September 7, 1999 the application for Certificate of Registration submitted by the financial company M/s. Sahu Investment Co. Ltd., 28, Strand Road, Calcutta-700 001.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 In
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 September 7, 1999 the application for Certificate of Registration submitted by the financial company M/s. Sahu Investment Co. Ltd., 28, Strand Road, Calcutta-700 001.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 In
Sep 08, 1999
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 CompanyRejected on1. M/s. Galaxy Growfin Ltd., B-12/112-1, Gauriganj, Bhelpura, Varanasi-221 010.7.9.19992.M/s. Galaxy Finlease Ltd., B-12/112-1, Gauriganj, Bhelpura, Varanasi-221 010.7.9.1999As such, the
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 CompanyRejected on1. M/s. Galaxy Growfin Ltd., B-12/112-1, Gauriganj, Bhelpura, Varanasi-221 010.7.9.19992.M/s. Galaxy Finlease Ltd., B-12/112-1, Gauriganj, Bhelpura, Varanasi-221 010.7.9.1999As such, the
Aug 28, 1999
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 August 27, 1999 the application for certificate of registration submitted by the financial company M/s. Sivamala Finance Ltd., 47-E, Dr. Radhakrishnan Road, Tatabad, Coimbatore-641 012.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
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 August 27, 1999 the application for certificate of registration submitted by the financial company M/s. Sivamala Finance Ltd., 47-E, Dr. Radhakrishnan Road, Tatabad, Coimbatore-641 012.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
Aug 25, 1999
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 CompanyRejected on1. ABB Securities & Finance Ltd., Eagle Building, Basistha Road, Beltola, Guwahati.24.8.19992.The Cidown Finance & Builders Pvt. Ltd., 207-B, Shri Krishna Puri, Boring Road, Patn
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 CompanyRejected on1. ABB Securities & Finance Ltd., Eagle Building, Basistha Road, Beltola, Guwahati.24.8.19992.The Cidown Finance & Builders Pvt. Ltd., 207-B, Shri Krishna Puri, Boring Road, Patn
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