Regulating Non-Banking

The Reserve Bank of India, has on July 25, 2005 cancelled the certificate of registration granted to Daffordils Finance Limited, having its registered office at Jain Street, Seohara, Bijnor District, Uttar Pradesh, for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Daffordils Finance Limited, cannot transact the business of a non-banking financial institution. The company has also been prohibited fr

The Reserve Bank of India, has on September 22, 2005 cancelled the certificate of registration issued to Trimurthi Securities Limited having its registered office at 303, Doshi Chambers, Basheerbagh, Hyderabad-500 029 (since shifted to) 4-7-364 to 367 Esamia Bazar, Hyderabad-500 027 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the reg

The Reserve Bank of India, has on September 09, 2005 cancelled the certificate of registration granted to Abuzu Holdings Private Limited, having its registered office at 601-B, Wall Street II, Ellisbridge, Ahmedabad-380006 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Abuzu Holdings Private Limited cannot transact the business of a non-banking financial institution.. Under powers conferred by S

The Reserve Bank of India, has on September 14, 2005 cancelled the certificate of registration granted to Pondicherry Nidhi Limited, having its registered office at 189, Mission Street, Pondichery-605001 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Pondicherry Nidhi Limited cannot transact the business of a non-banking financial institution.. Under powers conferred by Section 45-IA (6) of the

The Reserve Bank of India, has on September 12, 2005 cancelled the certificate of registration granted to Minerva Holdings Limited, having its registered office at A-34, Sector-14, Noida District Gautam Buddh Nagar, Uttar Prades for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Minerva Holdings Limited cannot transact the business of a non-banking financial institution.. Under powers conferred by S

The Reserve Bank of India, has on September 8, 2005 cancelled the certificate of registration granted to Payyanur Anjaly Investments Private Limited, having its registered office at `Anjali', Payyanur, Annur-670 332, Kannur, Kerala for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Payyanur Anjaly Investments Private Limited cannot transact the business of a non-banking financial institution.. Under

The Reserve Bank of India, has on September 6, 2005 cancelled the certificate of registration granted to Golden Loan Park Investors Private Limited, having its registered office at Kavumpady Road, Muvattapuzha-686 661 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Golden Loan Park Investors Private Limited cannot transact the business of a non-banking financial institution. Under powers conferre

The Reserve Bank of India, has on September 8, 2005 cancelled the certificate of registration granted to Dheva Investments & Finance (India) Pvt. Limited, having its registered office at 5C, Mookambika Complex, No.4, Lady Deslkachary Road, Mylapore, Chennai for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Dheva Investments & Finance (India) Pvt. Limited cannot transact the business of a no

The Reserve Bank of India, has on September 12, 2005 cancelled the certificate of registration granted to Hallmark Leasing & Finance Limited, having its registered office at No.36, Halls Road, Egmore, Chennai-600008 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Hallmark Leasing & Finance Limited cannot transact the business of a non-banking financial institution. Under powers conferred

The Reserve Bank of India, has on September 1, 2005 rejected the application for certificate of registration submitted by Belani Finance Limited having its office at 'India House', 9th floor, 69, Ganesh Chandra Avenue, Kolkata – 700 013. Following rejection of application for certificate of registration, Belani Finance Limited can not transact the business of a non-banking financial institution. The Reserve Bank of India has taken this action under powers conferred on