Regulatory Alerts2026-08-13
Added
RBI imposes monetary penalty on Valuefin India Credit Services Private Limited
The Reserve Bank of India imposed a monetary penalty of ₹1.80 lakh on Valuefin India Credit Services Private Limited for failing to obtain prior written permission for a change in shareholding exceeding 26 per cent of its paid-up equity capital. This action addresses non-compliance with RBI directions regarding the acquisition of shareholding or control and was determined after reviewing the company's reply and oral submissions. The penalty is imposed under Section 58G(1)(b) read with Section 58B(5)(aa) of the RBI Act, 1934, without prejudice to any other actions the RBI may initiate.
More like this from RBI
RBI published 51 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share