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Press Releases
ഓഗ 09, 2018
2 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. G P Mass Finance Limited (previously known as Level Field Finance Limited) 4-5-37
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. G P Mass Finance Limited (previously known as Level Field Finance Limited) 4-5-37
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ഓഗ 09, 2018
RBI cancels Certificate of Registration of 17 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address COR No Issued On Cancellation Order Date 1. P.S. Enterprises Private Limited 16, Netaji Subhash Road, Kolkata -700 001, West Bengal B.05.03942 December 16, 2000 June 27, 2018 2. Anuradha Investments Limited Mody Building, 27 S
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address COR No Issued On Cancellation Order Date 1. P.S. Enterprises Private Limited 16, Netaji Subhash Road, Kolkata -700 001, West Bengal B.05.03942 December 16, 2000 June 27, 2018 2. Anuradha Investments Limited Mody Building, 27 S
ഓഗ 08, 2018
RBI cancels Certificate of Registration of 36 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s A P Udyog Ltd Room No. 110, Ist Floor, 27A, Waterloo Street, Kolkata- 700 069, West Bengal 05.01010 March 19, 1998 June 20, 2018 2. M/s Gajvadan Trades Pvt. Ltd. 10, Mayfair Roa
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s A P Udyog Ltd Room No. 110, Ist Floor, 27A, Waterloo Street, Kolkata- 700 069, West Bengal 05.01010 March 19, 1998 June 20, 2018 2. M/s Gajvadan Trades Pvt. Ltd. 10, Mayfair Roa
ഓഗ 06, 2018
RBI cancels Certificate of Registration of 28 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Steel City Automotives Products Private Limited 67, New Baradwari, Sakchi, Jamshedpur, Purba Singhbhum, Jharkhand-831 001 B.15.00032 September 25, 2001 June 27, 2018 2. M/s Hind
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Steel City Automotives Products Private Limited 67, New Baradwari, Sakchi, Jamshedpur, Purba Singhbhum, Jharkhand-831 001 B.15.00032 September 25, 2001 June 27, 2018 2. M/s Hind
ഓഗ 06, 2018
2 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Kongu Investors Investments Limited Kongu Matriculation School Campus, Parama
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Kongu Investors Investments Limited Kongu Matriculation School Campus, Parama
ഓഗ 03, 2018
RBI cancels Certificate of Registration of 26 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Hem Textile & Trading Co. Pvt. Ltd. 205, Rabindra Sarani, 4th Floor, Room No. 149A, Kolkata-700 007 B.05.05968 November 12, 2003 June 01, 2018 2. M/s Bee Tee Credit & Ma
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Hem Textile & Trading Co. Pvt. Ltd. 205, Rabindra Sarani, 4th Floor, Room No. 149A, Kolkata-700 007 B.05.05968 November 12, 2003 June 01, 2018 2. M/s Bee Tee Credit & Ma
ഓഗ 03, 2018
4 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1 M/s Tristar Pvt. Ltd. 34, Chittaranjan Avenue, Kolka
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1 M/s Tristar Pvt. Ltd. 34, Chittaranjan Avenue, Kolka
ഓഗ 02, 2018
RBI cancels Certificate of Registration of 36 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Date of CoR Date of Cancellation of CoR 1 Basant Motor & General Finance Pvt. Ltd. # 313, SF, Prestige Chambers, Wimpy’s Building, Adjoining Narinder Cinema, G.T. Road, Jalandhar, P
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Date of CoR Date of Cancellation of CoR 1 Basant Motor & General Finance Pvt. Ltd. # 313, SF, Prestige Chambers, Wimpy’s Building, Adjoining Narinder Cinema, G.T. Road, Jalandhar, P
ജൂലൈ 30, 2018
RBI cancels Certificate of Registration of 35 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1 Aristo Finance and Investments Limited 65, G.N.T Road, Kanakkan Chatram, Chennai – 600 110. B-07.00472 October 17, 2000 June 4, 2018 2 Evergreen Finlease
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1 Aristo Finance and Investments Limited 65, G.N.T Road, Kanakkan Chatram, Chennai – 600 110. B-07.00472 October 17, 2000 June 4, 2018 2 Evergreen Finlease
ജൂലൈ 27, 2018
RBI cancels Certificate of Registration of 7 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Shree Luxmi Narayan Trexim Private Limited 11, Clive Row, 1st Floor, Room No C Kolkata-700 001 B.05.04172 April 11, 2001 June 13, 2018 2. M/s Third
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Shree Luxmi Narayan Trexim Private Limited 11, Clive Row, 1st Floor, Room No C Kolkata-700 001 B.05.04172 April 11, 2001 June 13, 2018 2. M/s Third
ജൂലൈ 25, 2018
RBI cancels Certificate of Registration of 25 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1 ABS Leasing & Financing (India) Limited Ranjitpura, Kurali-Morinda Road, District- Ropar, Rupnagar, Punjab B-06.00488 September 12, 2008 May 30, 201
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1 ABS Leasing & Financing (India) Limited Ranjitpura, Kurali-Morinda Road, District- Ropar, Rupnagar, Punjab B-06.00488 September 12, 2008 May 30, 201
ജൂലൈ 23, 2018
RBI cancels Certificate of Registration of 8 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. Issued On Cancellation Order Date 1 M/s Vintage Securities Limited 58/3, B.R.B Basu Road, First Floor, Kolkata West Bengal-700 001 05.00237 February 20, 1998 June 13, 2018 2 M/s Klass Traders Private Limited
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. Issued On Cancellation Order Date 1 M/s Vintage Securities Limited 58/3, B.R.B Basu Road, First Floor, Kolkata West Bengal-700 001 05.00237 February 20, 1998 June 13, 2018 2 M/s Klass Traders Private Limited
ജൂലൈ 20, 2018
RBI cancels Certificate of Registration of 12 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. Issued On Cancellation Order Date 1 M/s Devika Motor Finance Private Limited A-24 Durga Chamber, Raj Nagar, Ghaziabad-201002 Uttar Pradesh B-12.00139 January 12, 2004 June 18, 2018 2 M/s Aeromec Engineering
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. Issued On Cancellation Order Date 1 M/s Devika Motor Finance Private Limited A-24 Durga Chamber, Raj Nagar, Ghaziabad-201002 Uttar Pradesh B-12.00139 January 12, 2004 June 18, 2018 2 M/s Aeromec Engineering
ജൂലൈ 19, 2018
RBI cancels Certificate of Registration of 29 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl Name of the Company CIN No Registration Office COR No Date of COR Cancellation Order Date 1 The Commercial Credit Corporation (1943) Private Limited U50100MH1943PTC003957 Motor House, 68 N S Patkar Marg, Mumbai- 400007 B 13.01100 16-Nov-1998 June 15, 2018 2 Sankala
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl Name of the Company CIN No Registration Office COR No Date of COR Cancellation Order Date 1 The Commercial Credit Corporation (1943) Private Limited U50100MH1943PTC003957 Motor House, 68 N S Patkar Marg, Mumbai- 400007 B 13.01100 16-Nov-1998 June 15, 2018 2 Sankala
ജൂലൈ 19, 2018
RBI cancels Certificate of Registration of 16 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Apurva Marketing Private Limited 5, Clive Row, 3rd Floor, Room No. 73, PS.-Burrah Bazar, Kolkata-700 001 B-05.04098 March 19, 2001 May 18, 2018 2.
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Apurva Marketing Private Limited 5, Clive Row, 3rd Floor, Room No. 73, PS.-Burrah Bazar, Kolkata-700 001 B-05.04098 March 19, 2001 May 18, 2018 2.
ജൂലൈ 13, 2018
2 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Sri Kaliswari Finance Private Limited, Sivakasi 5-A, Chairman A Shanmuga Nada
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Sri Kaliswari Finance Private Limited, Sivakasi 5-A, Chairman A Shanmuga Nada
ജൂലൈ 06, 2018
RBI cancels Certificate of Registration of 6 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Makhariya Capital Limited 4-3-18/10, Cinema Road, Adilabad, Telangana-504 001 09.00088 March 11, 1998 May 11, 2018 2. M/s Senthil Finance Private L
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Makhariya Capital Limited 4-3-18/10, Cinema Road, Adilabad, Telangana-504 001 09.00088 March 11, 1998 May 11, 2018 2. M/s Senthil Finance Private L
ജൂൺ 29, 2018
Applicable Average Base Rate to be charged by NBFC-MFIs for the Quarter Beginning July 01, 2018
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning July 01, 2018 will be 8.92 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the averag
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning July 01, 2018 will be 8.92 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the averag
ജൂൺ 28, 2018
4 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Rukmini Financial Services Private Limited 14, Ballygunge Park Road, Kolkata-
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Rukmini Financial Services Private Limited 14, Ballygunge Park Road, Kolkata-
ജൂൺ 28, 2018
Cancellation of Certificate of Registration of NBFC
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following company. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Devki Leasing and Finance Limited Velocity Multiplex, 18-A, Scheme No. 94-C, Ring Road, Indore-452010 Madhya Pradesh B.03.00060 April 20, 1998 May 17, 2018 As such, the above comp
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following company. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Devki Leasing and Finance Limited Velocity Multiplex, 18-A, Scheme No. 94-C, Ring Road, Indore-452010 Madhya Pradesh B.03.00060 April 20, 1998 May 17, 2018 As such, the above comp
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