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Govt releases list of 9500 high-risk financial companies including Adani

Agencies
February 26, 2018

New Delhi, Feb 26: Financial Intelligence Unit of Union government on Monday released a list of around 9,500 Non-Banking Financial Companies (NBFCs), which have been categorised as high-risk financial institutions by the Finance Ministry.

As per the Prevention of Money Laundering Act (PMLA), all NBFCs have to appoint a principal officer in the financial institutions and report all suspicious and cash transactions of over 10 lakh rupees to the FIU.

But, these companies have been found not following these rules as on January 31, 2018.

The FIU released the list on its website showing the names of NBFCs, which have been found non-compliant to the PMLA rules.

ADANI CAPITAL PRIVATE LIMITED, Anand Corporate Holdings Pvt. Ltd., Arihant Udyog Ltd., Asian Financial Services Ltd., AVON MONEY SOLUTION INDIA LIMITED, Bindal Finvest., Bombay Gas Co Ltd., CELLO CAPITAL PRIVATE LIMITED, Dlf Finvest Limited, Eros Merchants (P) Ltd, and Indigo Fincap Pvt Ltd are a few of the companies listed by FIU.

After demonetisation in 2016, NBFCs and several other rural and urban cooperative banks had come under the scanner of the Income Tax Department and the Enforcement Directorate (ED) for illegally converting banned currency notes.

Comments

PK
 - 
Tuesday, 27 Feb 2018

Adani Ready to run out of country... Preparing public that govt has warned before... thats Y name is mentioned.

hardik gala
 - 
Monday, 26 Feb 2018

Where can i get the full 9.5k Companies names?

As because Adani is most favoured child of our government. Truth is always bitter for you and left to you , you would have excluded Adani's name.

Prabhakar Bhatt
 - 
Monday, 26 Feb 2018

why mention only Adani's name, publish the detailed list of all the 9500, high risk NBFC's

Prabhakar Bhatt
 - 
Monday, 26 Feb 2018

why mention only Adani's name, publish the detailed list of all the 9500, high risk NBFC's

Gaurav
 - 
Monday, 26 Feb 2018

If Govt has to release such a list for obevious reasons... clearly Banks are miserably failing to do their job!

Harsha Bopaiah
 - 
Monday, 26 Feb 2018

So what is one expected to do? Take loans from these companies or dont invest in these companies. Should employees of these companies start looking for Jobs?. This is a meaningless exercise just to tell people that we had warned you.

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News Network
August 2,2020

Chitradurga,  Aug 2: Said to be 110-years-old, a grand old woman Siddamma was discharged on Saturday from a COVID Hospital in Chitradurga after recovering from the novel coronavirus.

According to Dr Basavaraj, District Surgeon, Chitradurga, the woman had tested positive for the disease on July 27.

After her recovery, the frail woman dressed in a sari was seen being wheeled out from the hospital.

As many as 5,172 new COVID-19 cases and 98 deaths were reported in Karnataka on Saturday, taking the state's count of coronavirus cases to 1,29,287.

The active cases in the state now stand at 73,219 while 53,648 people have been discharged.

"5,172 new COVID-19 cases and 98 deaths reported in Karnataka in the last 24 hours, taking total cases to 1,29,287 including 53,648 discharges and 2,412 deaths. 

The number of active cases stands at 73,219," said State Health Department.

So far, a total of 2,412 people have succumbed to the virus in the State.

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News Network
April 20,2020

Kalaburagi, Apr 20: With no COVID-19 case reported here on Sunday, the total number of virus-infected people in the district stood at 22.

While three persons have succumbed to the infection in the district so far, three others have been cured and discharged.

"No COVID-19 case was reported in Kalaburagi district today. Total 22 positive cases and 3 deaths have been reported in the district till date. Three persons have been cured," said District Magistrate B. Sharat.

Karnataka's total count of coronavirus patients has surged to 390, said the State Health Department on Sunday.

"Six new cases have been confirmed for COVID-19 in the State from 5 pm on Saturday till 5 pm on Sunday. Cumulatively, 390 COVID-19 positive cases have been confirmed in the state," it said.

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News Network
July 14,2020

Bengaluru, Jul 14: More than 80 Namma Metro workers have tested positive for COVID-19 in Bengaluru on Tuesday, said Yashwanth Chauhan BL, public relations officer of Namma Metro.

"All safety and treatment protocols would be followed at the camps," he added.

These workers were staying in a camp near Nagavara-Gottigere lane, reach-6 of phase two. More than 200 contract workers of Larsen and Toubro who had come from different states have been tested after a labourer complained of fever.

All coronavirus positive workers were shifted to a COVID care centre while others were kept in isolation as per the guidelines.

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