investigation
The Reserve Bank has cancelled the Certificate of Registration issued to Gandhinagar Leasing and Finance Ltd.
A investigation by Reserve Bank. Statements are as reported by the cited publishers — not verified by DecisionGateway.
the Reserve Bank has cancelled the Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC)
Related claims
The Certificate of Registration of Gandhinagar Leasing and Finance Ltd. bears CoR No. 01.00279 dated December 08, 1998.Reserve Bank · statementGandhinagar Leasing and Finance Ltd. shall not, hereinafter, transact the business of a Non-Banking Financial Institution.Reserve Bank · statementGandhinagar Leasing and Finance Ltd. is registered at 420, Times Square Arcade, Opposite Rambaug, Thaltej-Shilaj Road, Ahmedabad, Gujarat – 380059.Reserve Bank · statementThe cancellation was made in exercise of powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934.Reserve Bank · statementThe Reserve Bank of India superseded the Board of Directors of Abhyudaya Co-operative Bank Ltd., Mumbai for one year on November 24, 2023, due to material concerns arising from poor governance standards observed within the bank.Reserve Bank of India · statementThe Reserve Bank of India has extended the period of supersession for a further period of one year, effective from November 24, 2026, in exercise of its powers under sub-Section (1) of Section 36AAA read with Section 56 of the Banking Regulation Act, 1949.Reserve Bank of India · statement