SITE MAP     CONTACT US     DISCLAIMER  
   About Us     Useful Information     FAQs     Financial Education     Complaints   Other Links   Extra Curricular
Search
Period
From  
To  
Archives
   
Home >> PressReleases - Display
Note : To obtain an aligned printout please download the (153.00 kb ) version to your machine and then use respective software to print the story.
Date: 28/06/2016
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 Shrigopal Finance and Investment Private Limited 82-A, Flat No. 33, Brindavan Society, Thane - 400601 B-13.01360 August 23, 2000 April 11, 2016
2. M/s Wall Street Finance Limited Spice Tower, CTS – R10, Phase II, Anand Nagar, New Link Road, Jogeshwari West, Mumbai - 400102 B-13.01358 August 09, 2000 May 30, 2016
3. M/s JEL Finance & Investments Limited Plot No. 29, Nagarjuna Hills, Punjagutta, Telangana, Hyderabad - 500082 N-09.00434 April 30, 2010 June 03, 2016
4. M/s Maruti Finance Private Limited Shop No. 6-3-1109/1, 3rd Floor, Rajbhavan Road, Somajiguda, Hyderabad - 500082 B-09.00166 July 29, 2005 June 09, 2016

As such, the above companies cannot transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

Ajit Prasad
Assistant Adviser

Press Release: 2015-2016/3020

 
  © Reserve Bank of India. All Rights Reserved.

Best viewed in 1024x768 resolution in IE 5 and above.