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Press Releases
ஜன. 22, 2002
Rejection of applications 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 the applications for certificate of registration submitted by the following non-banking financial companies: Name of the CompanyRejected on 1. M/s. Incan Investments and Leasing Ltd., 3/8, Vishwas Khand, Gomti Nagar, Lucknow, Uttar PradeshJanuary 17, 2002 2.M/s. Hindustan Hire Purchase Ltd., I. T. I. Chaurah, Farrukabad (U. P.)J
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 certificate of registration submitted by the following non-banking financial companies: Name of the CompanyRejected on 1. M/s. Incan Investments and Leasing Ltd., 3/8, Vishwas Khand, Gomti Nagar, Lucknow, Uttar PradeshJanuary 17, 2002 2.M/s. Hindustan Hire Purchase Ltd., I. T. I. Chaurah, Farrukabad (U. P.)J
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ஜன. 15, 2002
Cancellation of the certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(6) of the Reserve Bank of India Act, 1934, has rejected on January 10, 2002 the application for certificate of registration submitted by Padmaja Ventures Ltd., Plot No.160, AWHO Colony, Sector A, Phase III, Gautam Enclave, Secunderabad-500 009. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA o
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(6) of the Reserve Bank of India Act, 1934, has rejected on January 10, 2002 the application for certificate of registration submitted by Padmaja Ventures Ltd., Plot No.160, AWHO Colony, Sector A, Phase III, Gautam Enclave, Secunderabad-500 009. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA o
ஜன. 14, 2002
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 January 9, 2002 the application for certificate of registration submitted by Associated Business Credits Ltd., 163, Anna Salai, Channai-600 002, for carrying on the business of a Non-Banking Financial Institution. 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 January 9, 2002 the application for certificate of registration submitted by Associated Business Credits Ltd., 163, Anna Salai, Channai-600 002, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
ஜன. 11, 2002
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 January 10, 2002 the application for certificate of registration submitted by M/s. Paro Leasing & Finance Limited, No.54, Sembudoss Street, 1st floor, Chennai 600 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial ins
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 January 10, 2002 the application for certificate of registration submitted by M/s. Paro Leasing & Finance Limited, No.54, Sembudoss Street, 1st floor, Chennai 600 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial ins
ஜன. 01, 2002
RBI rationalises NBFC Regulations
Considering the request from the industry, the Reserve Bank of India has decided to include loans against hypothecation of automobiles, aircrafts and ships registered with the concerned authority for the purpose of classification of a non-banking financial company into equipment leasing and hire purchase finance company. The Reserve Bank of India has also underlined a greater role for statutory auditors by reiterating its directions to report directly to the Reserve B
Considering the request from the industry, the Reserve Bank of India has decided to include loans against hypothecation of automobiles, aircrafts and ships registered with the concerned authority for the purpose of classification of a non-banking financial company into equipment leasing and hire purchase finance company. The Reserve Bank of India has also underlined a greater role for statutory auditors by reiterating its directions to report directly to the Reserve B
டிச. 21, 2001
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 December 19, 2001 the application for certificate of registration submitted by Monarch Finlease Ltd., Door No.7-9, Sri Sai Ram Complex, 1st Floor, Opp. Bus Terminus, Dilsukh Nagar, Hyderabad-500 060, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business 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 December 19, 2001 the application for certificate of registration submitted by Monarch Finlease Ltd., Door No.7-9, Sri Sai Ram Complex, 1st Floor, Opp. Bus Terminus, Dilsukh Nagar, Hyderabad-500 060, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of
டிச. 19, 2001
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 December 18, 2001 the application for certificate of registration submitted by Ankush Commercial pvt. Ltd., Pushpanjalli, 2nd Floor, Lake Road, Ranchi-834 001, Jharkhand for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial insti
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 December 18, 2001 the application for certificate of registration submitted by Ankush Commercial pvt. Ltd., Pushpanjalli, 2nd Floor, Lake Road, Ranchi-834 001, Jharkhand for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking financial insti
டிச. 13, 2001
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 December 8, 2001 the application for certificate of registration submitted by Panchajanya Leafin India Ltd., H. No. 3-4-485/1, D-2, IInd Floor, Agarwal Apartments, near Bank of Baroda, Barkatpura, Hyderabad-500 027 for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact
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 December 8, 2001 the application for certificate of registration submitted by Panchajanya Leafin India Ltd., H. No. 3-4-485/1, D-2, IInd Floor, Agarwal Apartments, near Bank of Baroda, Barkatpura, Hyderabad-500 027 for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact
டிச. 12, 2001
Rejection of applications 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 the applications for certificate of registration submitted by the following non-banking financial companies: Name of the Company Rejected on 1. M/s. Trustwin Finance Company Ltd., November 29, 2001 13/14-B, Sub Plot, Kurla Andheri Road, Mumbai 400 059. 2. M/s. Dargoba Finance Company Ltd. November 29, 2001 Post-Chinchani, Mangru
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 certificate of registration submitted by the following non-banking financial companies: Name of the Company Rejected on 1. M/s. Trustwin Finance Company Ltd., November 29, 2001 13/14-B, Sub Plot, Kurla Andheri Road, Mumbai 400 059. 2. M/s. Dargoba Finance Company Ltd. November 29, 2001 Post-Chinchani, Mangru
நவ. 28, 2001
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 November 27, 2001 the application for certificate of registration submitted by Sri Devi Annapoorna Associates Leasing Hire Purchase and Finances Ltd., H. No.11-56/A, Main Road, Thorrur, Warangal District, Andhra Pradesh-506 163 , for carrying on the business of a Non-Banking Financial Institution. As such, the above company 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 November 27, 2001 the application for certificate of registration submitted by Sri Devi Annapoorna Associates Leasing Hire Purchase and Finances Ltd., H. No.11-56/A, Main Road, Thorrur, Warangal District, Andhra Pradesh-506 163 , for carrying on the business of a Non-Banking Financial Institution. As such, the above company c
நவ. 27, 2001
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 November 24, 2001the application for certificate of registration submitted by DCM Shriram Leasing & Finance Ltd., Kanchanjunga, 18, Barakhamba Road, New Delhi-110001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank
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 November 24, 2001the application for certificate of registration submitted by DCM Shriram Leasing & Finance Ltd., Kanchanjunga, 18, Barakhamba Road, New Delhi-110001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank
நவ. 26, 2001
Rejection of applications 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 November 15, 2001 the application for certificate of registration submitted by the M/s. Srujit Hire Purchase and Investment Ltd., D 58/16-71B Ashok Nagar, Sigra Varansi, Uttar Pradesh. As such, the above companies cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA 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 November 15, 2001 the application for certificate of registration submitted by the M/s. Srujit Hire Purchase and Investment Ltd., D 58/16-71B Ashok Nagar, Sigra Varansi, Uttar Pradesh. As such, the above companies cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of
நவ. 24, 2001
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 November 22, 2001 the application for certificate of registration submitted by M/s. Nidhi Finance and Investment Enterprises Ltd., B-3/58, Safdarjung Enclave, New Delhi-110 029.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA 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 November 22, 2001 the application for certificate of registration submitted by M/s. Nidhi Finance and Investment Enterprises Ltd., B-3/58, Safdarjung Enclave, New Delhi-110 029.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserv
நவ. 21, 2001
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 November 7, 2001 the application for certificate of registration submitted by M/s. Merlin Leasing Investment Private Ltd., having its registered office at 76, Habibullah Road, T. Nagar, Chennai-600017, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business
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 November 7, 2001 the application for certificate of registration submitted by M/s. Merlin Leasing Investment Private Ltd., having its registered office at 76, Habibullah Road, T. Nagar, Chennai-600017, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business
நவ. 09, 2001
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 November 7, 2001 the application for certificate of registration submitted by M/s. Fidelity Finance Ltd., having its registered office at `Aarti Chambers', 189, Anna Salai, Chennai-600 006, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-ban
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 November 7, 2001 the application for certificate of registration submitted by M/s. Fidelity Finance Ltd., having its registered office at `Aarti Chambers', 189, Anna Salai, Chennai-600 006, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-ban
நவ. 06, 2001
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 24, 2001 the application for certificate of registration submitted by M/s. Kakatiya Credit and Commercial Ltd.,Gouri Shankar Complex, 2nd Floor, Station Road, Warangal, Andhra Pradesh-506 002. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sec
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 24, 2001 the application for certificate of registration submitted by M/s. Kakatiya Credit and Commercial Ltd.,Gouri Shankar Complex, 2nd Floor, Station Road, Warangal, Andhra Pradesh-506 002. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sec
நவ. 03, 2001
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 November 2, 2001 the application for certificate of registration submitted by M/s. Sunderban Dealers Pvt. Ltd., 168/A, Cotton Street, 4th Floor, Kolkata-700 007. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank of India
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 November 2, 2001 the application for certificate of registration submitted by M/s. Sunderban Dealers Pvt. Ltd., 168/A, Cotton Street, 4th Floor, Kolkata-700 007. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank of India
அக். 31, 2001
RBI lowers Ceiling on NBFC Deposit Rates
The Reserve Bank of India today announced a revision in the maximum rate of interest which the non-banking financial companies can offer on their public deposits. Taking into account the market conditions and changes in other interest rates in the system, the maximum rate of interest that NBFCs can pay on their public deposits has been reduced, effective from November 1, 2001 from 14 per cent to 12.5 per cent per annum. Other stipulations regarding the interest rate r
The Reserve Bank of India today announced a revision in the maximum rate of interest which the non-banking financial companies can offer on their public deposits. Taking into account the market conditions and changes in other interest rates in the system, the maximum rate of interest that NBFCs can pay on their public deposits has been reduced, effective from November 1, 2001 from 14 per cent to 12.5 per cent per annum. Other stipulations regarding the interest rate r
அக். 05, 2001
RBI rejects Star Venture Private Limited's application for certificate of registration as NBFC
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 28, 2001 the application for grant of certificate of registration submitted by M/s Star Venture Private Limited. The company has its Registered Office at Shantivan-II, G-6 Doctors Colony, Lohia Nagar, Kankarbagh, Patna - 800020. As such, it cannot transact the business of a non-banking financial institution as defin
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 28, 2001 the application for grant of certificate of registration submitted by M/s Star Venture Private Limited. The company has its Registered Office at Shantivan-II, G-6 Doctors Colony, Lohia Nagar, Kankarbagh, Patna - 800020. As such, it cannot transact the business of a non-banking financial institution as defin
அக். 05, 2001
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 on October 3, 2001 rejected the application for certificate of registration submitted by Siel Financial Services Ltd., 4th floor, Soni Mansion, 12-B, Ratlam Kothi, Indore-452001(M.P.). 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 Act. The co
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 on October 3, 2001 rejected the application for certificate of registration submitted by Siel Financial Services Ltd., 4th floor, Soni Mansion, 12-B, Ratlam Kothi, Indore-452001(M.P.). 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 Act. The co
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கடைசியாக புதுப்பிக்கப்பட்ட பக்கம்: செப்டம்பர் 22, 2023
