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Press Releases
સપ્ટે 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
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સપ્ટે 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
સપ્ટે 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
સપ્ટે 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
ઑગસ્ટ 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
ઑગસ્ટ 25, 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 23, 1999 the application for certificate of registration submitted by the financial company M/s. Tulip Finance Ltd., 3rd Floor, United India Life Building, "F" Block, Connaught Place, New Delhi-110 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a
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 23, 1999 the application for certificate of registration submitted by the financial company M/s. Tulip Finance Ltd., 3rd Floor, United India Life Building, "F" Block, Connaught Place, New Delhi-110 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a
ઑગસ્ટ 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
ઑગસ્ટ 24, 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. Platinum Finance Ltd., P-3, C.I.T., Road Scheme No.52, Entally, Calcutta-700 014, West Bengal.23.8.19992.M/s. Savera Securities (India) Ltd., 47, Janakpuri, Bareilly (U.P.)23.8.1
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. Platinum Finance Ltd., P-3, C.I.T., Road Scheme No.52, Entally, Calcutta-700 014, West Bengal.23.8.19992.M/s. Savera Securities (India) Ltd., 47, Janakpuri, Bareilly (U.P.)23.8.1
ઑગસ્ટ 19, 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. Deeplaxmi Savings & Investments Co. Ltd., 209, Citicentre Building, Patto Plaza, Panaji-403 001.18.8.19992.M/s. Ashraya Finance & Investments Ltd., Prabhat Chowk, Amravat
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. Deeplaxmi Savings & Investments Co. Ltd., 209, Citicentre Building, Patto Plaza, Panaji-403 001.18.8.19992.M/s. Ashraya Finance & Investments Ltd., Prabhat Chowk, Amravat
ઑગસ્ટ 19, 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. Sweethome Lease & Hire Purchase (P) Ltd., 46-47, River Palace, Nanpura, Surat.18.8.19992.M/s. Islamic Finance & Investments Co. Ltd., 3, Nawab Badruddin Street, Calcutta-700 0
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. Sweethome Lease & Hire Purchase (P) Ltd., 46-47, River Palace, Nanpura, Surat.18.8.19992.M/s. Islamic Finance & Investments Co. Ltd., 3, Nawab Badruddin Street, Calcutta-700 0
ઑગસ્ટ 19, 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. Rajendra Finance & Leasing (Private) Ltd., Old Post Office Building, Maya Bazar, Visnagar-384 315.18.8.19992.M/s. Vindyasara Finance & Savings (I) Pvt. Ltd., 27/A-1251, G
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. Rajendra Finance & Leasing (Private) Ltd., Old Post Office Building, Maya Bazar, Visnagar-384 315.18.8.19992.M/s. Vindyasara Finance & Savings (I) Pvt. Ltd., 27/A-1251, G
ઑગસ્ટ 18, 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 16, 1999 the application for certificate of registration submitted by the financial company Saritha Leafin (P) Ltd., 3-5-944/222 & 223, Panchavati Mall, Opp. Taj Mahal Hotel, Narayanguda, Hyderabad.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a
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 16, 1999 the application for certificate of registration submitted by the financial company Saritha Leafin (P) Ltd., 3-5-944/222 & 223, Panchavati Mall, Opp. Taj Mahal Hotel, Narayanguda, Hyderabad.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a
ઑગસ્ટ 18, 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. Fineline Finance and Investments Ltd., Ananda Building, First Floor, No.3, Station Road, West Mambalam, Chennai-600 033.14.8.19992.M/s. Godavari Hire Purchase (P) Ltd., Near Rail
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. Fineline Finance and Investments Ltd., Ananda Building, First Floor, No.3, Station Road, West Mambalam, Chennai-600 033.14.8.19992.M/s. Godavari Hire Purchase (P) Ltd., Near Rail
ઑગસ્ટ 18, 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 16, 1999 the application for certificate of registration submitted by the financial company M/s. Verona Commercial Credit & Investment Co. Ltd., 68B, A.P.C. Road, 2nd Floor, Room No. 16, Calcutta-700 009.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cla
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 16, 1999 the application for certificate of registration submitted by the financial company M/s. Verona Commercial Credit & Investment Co. Ltd., 68B, A.P.C. Road, 2nd Floor, Room No. 16, Calcutta-700 009.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cla
ઑગસ્ટ 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 August 16, 1999 the application for certificate of registration submitted by the financial company M/s. Mangal Finance Ltd., 202, Balarama House, 1, Karampura Commercial Complex, New Delhi-110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
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 16, 1999 the application for certificate of registration submitted by the financial company M/s. Mangal Finance Ltd., 202, Balarama House, 1, Karampura Commercial Complex, New Delhi-110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
ઑગસ્ટ 16, 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 12, 1999 the application for certificate of registration submitted by the financial company M/s. Nagma Mutual Benefit (I) Ltd., 12-A, Nagma Market, Paltan Bazar, Pratapgarh (Uttar Pradesh).As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
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 12, 1999 the application for certificate of registration submitted by the financial company M/s. Nagma Mutual Benefit (I) Ltd., 12-A, Nagma Market, Paltan Bazar, Pratapgarh (Uttar Pradesh).As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
ઑગસ્ટ 16, 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 13, 1999 the application for certificate of registration submitted by the financial company M/s. Grover Leasing Ltd., M-2, Yogeshwar, Connaught Place, New Delhi-110 001.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
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 13, 1999 the application for certificate of registration submitted by the financial company M/s. Grover Leasing Ltd., M-2, Yogeshwar, Connaught Place, New Delhi-110 001.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
ઑગસ્ટ 16, 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 13, 1999 the application for certificate of registration submitted by the financial company The City Investment & Finance Ltd., 81, Kharavel Nagar, Unit III, Bhubaneshwar-751 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I o
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 13, 1999 the application for certificate of registration submitted by the financial company The City Investment & Finance Ltd., 81, Kharavel Nagar, Unit III, Bhubaneshwar-751 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I o
ઑગસ્ટ 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 August 12, 1999, the application for certificate of registration submitted by the financial company M/s. Parasrampuria Credit & Investments Ltd., Regent Chambers, 10th Floor, 208, Nariman Point, Mumbai 400 021.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
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 12, 1999, the application for certificate of registration submitted by the financial company M/s. Parasrampuria Credit & Investments Ltd., Regent Chambers, 10th Floor, 208, Nariman Point, Mumbai 400 021.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
ઑગસ્ટ 11, 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 7, 1999 the application for certificate of registration submitted by the financial company Benison Finance Ltd., Chandmari (opp.Brahmaputra Flood Control Commission), Guwahati-781003.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I o
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 7, 1999 the application for certificate of registration submitted by the financial company Benison Finance Ltd., Chandmari (opp.Brahmaputra Flood Control Commission), Guwahati-781003.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I o
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