Financial Daily from THE HINDU group of publications
Friday, Oct 22, 2004
News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

 Money & Banking - NBFCs


NBFC registration annulled

Our Bureau

HYDERABAD: The Reserve Bank of India has announced the cancellation of the registration issued to the Secunderabad-based CHPL Finance Ltd, located in Deepthi Apartments on MG Road, as a non-banking financial institution (NBFC).

In a press release on Thursday, the apex bank said it has under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, cancelled the registration certificate of the said NBFC.

More Stories on : NBFCs | RBI & Other Central Banks | Andhra Pradesh

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rabo India to advise Sterling Biotech on overseas buy

Rupee tad higher; bond prices rally
HDFC Bank Q2 net up 30 pc — Board approves $300-m ADS plan
Treasury gains dented; ICICI Bank Q2 net rises 10 pc
Corpn Bank Q2 net down 81 pc
Draft code of conduct for NBFCs ready
NBFC registration annulled
ICICI Pru Life new premium up 169 pc
Syndicate Bank launches new products
Vijaya Bank Founders' Day
Banks step up NPA recovery efforts
Study analyses poor credit-deposit ratio in Kerala
Keep interest rates in line with market trends, RBI tells UCBs

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line