TODAY -
RBI asked to give all details about NBFCs operating in Karnataka
Write Comment
E-Mail To a Friend
Facebook
Twitter 
Print The Karnataka High Court today directed the RBI to furnish within six weeks all details of Non Banking Finance Companies operating in the state and the names and number of private finance companies offering secured and unsecured loans.
The division bench, comprising acting Chief Justice K Sreedhar Rao and Justice B V Nagarathna, acting on a PIL by one D M Suresh, also directed the RBI to give details about the secured and unsecured loans by NBFCs.
The court warned that the licences of these companies would be cancelled if they were found violating laws.
The petitioner had sought a direction to the RBI to regulate and fix the ceiling rate on lending by NBFCs, particularly Muthoot Finance and Manappuram Finance, which he alleged are engaged in pawn broking and charging an exorbitant interest of 39 to 40 per cent from customers.
The petitioner contended that such companies were "fleecing" custormers despite the state government fixing 14 per cent as maximum lending rate for secured loans.
He also wanted the state Government to withdraw exemption certificates given to such companies under the Money Lending Act and for these two companies to be brought under the Pawn Brokers Act.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.
RELATED
ಮಣಿಪಾಲ ಆರ್ಎಸ್ಬಿ ಸಭಾಭವನದ ಮುಂಗಡ ಕರೆಂಟ್ ಬಿಲ್ ಕಟ್ಟಲು ಮೆಸ್ಕಾಂ ಇಲಾಖೆ ನಗದು ಸಂಗ್ರಹ ಕೇಂದ್ರ ವಾದ ಎಟಿಎಂ ವ್ಯವಸ್ಥೆ ವ್ಯವಸ್ಥೆ ಕಲ್ಪಿಸಲಾಗಿತ್ತು ಅದು ಉತ್ತಮವಾಗಿ. ಸೇವೆ ನೀಡುತ್ತಿರುವುದರಿಂದ ಗ್ರಾಹಕರಿಗೆ ಮಣಿಪಾಲದ ಹೃದಯ ಭಾಗದಲ್ಲಿ ವಿದ್ಯುತ್ ಬಿಲ್ ಕಟ್ಟುವ ಕೌಂಟರ್ ಇದಾಗಿದ್ದು, ಬಿಲ್ ಕಟ್ಟುವ ವ್ಯವಸ್ಥೆ ಚೆನ್ನಾಗಿ ಇತ್ತು. ಇದೀಗ ಈ ಆರ್ ಎಸ್ ಸಭಾಭವನದ ಮು
One of the largest Job Fair will be organised on Saturday, 4th May, 2024, in association with Wizdon Institutions Network in the Milagres College, Kallianpur Campus from 9.30 am onwards to 4.00 pm. It’s an excellent opportunity for young graduates, would be graduates, PU, ITI Diploma holders and other qualified youngsters to meet and demonstrate their employability skills, assess and evaluate whe
ಉಡುಪಿ ಜಿಲ್ಲೆಯಲ್ಲಿ 5000 ಕ್ಕೂ ಅಧಿಕ ಸಿ ಎನ್ ಜಿ ಆಟೋ ರಿಕ್ಷಾ ಇದ್ದು ಉಡುಪಿ ತಾಲೂಕಿನಲ್ಲಿ 1500 ಕ್ಕೂ ಅಧಿಕ ಸಿ ಎನ್ ಜಿ ಆಟೋ ರಿಕ್ಷಾ ಚಾಲನೆಯಲ್ಲಿ ಇದೆ. ಉಡುಪಿ ತಾಲೂಕಿನಲ್ಲಿ 3 ಸಿ ಎನ್ ಜಿ ಪಂಪ್ ಇದ್ದು (ಪಂಪ್ ಇರುವ ಸ್ಥಳ ಗುಂಡಿಬೈಲ್, ಮಲ್ಪೆ ಬ್ರಹ್ಮಾವರ) ರಿಕ್ಷಾ ಚಾಲಕರಿಗೆ ಗ್ಯಾಸ್ ಇಂಧನ ಸಿಗದೆ ಇರುವುದರಿಂದ ರಿಕ್ಷಾ ಚಾಲಕರಿಗೆ ತುಂಬಾ ತೊಂದರೆ ಆಗಿರುವುದ
Final Journey of Judith Lewis (91 years) | LIVE From Kallianpur
Rozaricho Gaanch April, 2024 - Ester issue
Final Journey Of Theresa D’Souza (79 years) | LIVE From Kemmannu | Udupi |
Invest Smart and Earn Big!
Creating a World of Peaceful Stay!
For the Future Perfect Life that you Deserve! Contact : Rohan Corporation, Mangalore.
Final Journey Of Joe Victor Lewis (46 years) | LIVE From Kemmannu | Organ Donor | Udupi |
Milagres Cathedral, Kallianpur, Udupi - Parish Bulletin - Feb 2024 Issue
Way Of Cross on Good Friday 2024 | Live From | St. Theresa’s Church, Kemmannu, Udupi | LIVE
Good Friday 2024 | St. Theresa’s Church, Kemmannu | LIVE | Udupi
2 BHK Flat for sale on the 6th floor of Eden Heritage, Santhekatte, Kallianpur, Udupi
Maundy Thursday 2024 | LIVE From St. Theresa’s Church, Kemmannu | Udupi |
Kemmennu for sale 1 BHK 628 sqft, Air Conditioned flat
Symphony98 Releases Soul-Stirring Rendition of Lenten Hymn "Khursa Thain"
Palm Sunday 2024 at St. Theresa’s Church, Kemmannu | LIVE
Final Journey of Patrick Oliveira (83 years) || LIVE From Kemmannu
Carmel School Science Exhibition Day || Kmmannu Channel
Final Journey of Prakash Crasta | LIVE From Kemmannu || Kemmannu Channel
ಪ್ರಗತಿ ಮಹಿಳಾ ಮಹಾ ಸಂಘ | ಸ್ತ್ರೀಯಾಂಚ್ಯಾ ದಿಸಾಚೊ ಸಂಭ್ರಮ್ 2024 || ಸಾಸ್ತಾನ್ ಘಟಕ್
Valentine’s Day Special❤️||Multi-lingual Covers || Symphony98 From Kemmannu
Rozaricho Gaanch December 2023 issue, Mount Rosary Church Santhekatte Kallianpur, Udupi
An Ernest Appeal From Milagres Cathedral, Kallianpur, Diocese of Udupi
Diocese of Udupi - Uzvd Decennial Special Issue
Final Journey Of Canute Pinto (52 years) | LIVE From Mount Rosary Church | Kallianpura | Udupi
Earth Angels Anniversary | Comedy Show 2024 | Live From St. Theresa’s Church | Kemmannu | Udupi
Kemmannu Cricket Match 2024 | LIVE from Kemmannu
Naturya - Taste of Namma Udupi - Order NOW
New Management takes over Bannur Mutton, Santhekatte, Kallianpur. Visit us and feel the difference.
Focus Studio, Near Hotel Kidiyoor, Udupi
Earth Angels - Kemmannu Since 2023
Kemmannu Channel - Ktv Live Stream - To Book - Contact Here
Click here for Kemmannu Knn Facebook Link
Sponsored Albums
Exclusive
An Open ground ‘Way of the Cross’ observed in St. Theres’s Church, Kammannu. [Live-Streamed]
Udupi Bishop Most Rev. Gerald Issac Lobo Celebrates Palm Sunday at Kemmannu Church
The architect of various Churches, Schools, Hospitals and Colleges….. Msgr Denis Jerome D Souza.
Konknani Writers’ Association Literary Award Conferred on Dr. Gerald Pinto
Celebrating Love Across Languages: A Valentine’s Day Special
Udupi: Kemmannu.com Journo Richard D’Souza Felicitated by Paryaya Sri, Sri Sugunendra Tirtha Swamiji.
Let the unity of senior players be an example to the youth - Gautham Shetty - Alfred Crasto Felicitation - Match Livestream.
Bali, Indonesia: Royal Singaraja Award to Mangalorean NRI Philanthropist Dr. Frank Fernandes. [Video]
MTC - Milagres towards Community – An Outreach program on 14th December, 2023
