SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 27-AUG-2026

NBFC: IMPOSED PENALTY

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S.No.	ENTITY	PERSONS	REGULATORY CHARGES	REGULATORY ACTION(S) / DATE OF ORDER	FURTHER DEVELOPMENTS
141	SHRIRAM CITY UNION FINANCE LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	IMPOSED PENALTY RS.20,00,000 FROM 11-APR-2017 11-APR-2017
142	SHRIRAM FINANCE LTD.		ROUTED LOAN REPAYMENTS THROUGH ACCOUNT OF A THIRD-PARTY INSTEAD OF BORROWERS DIRECTLY CREDITING LOAN REPAYMENTS TO THE COMPANY’S ACCOUNT	IMPOSED PENALTY RS.2,70,000 FROM 08-JUL-2025 08-JUL-2025
143	SHRIRAM FINANCE LTD.		DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC UPDATION OF “KNOW YOUR CLIENTS” OF CUSTOMERS AS PER RISK CATEGORISATION OF CUSTOMERS AND/OR ACCOUNTS DID NOT ENSURE THAT ITS AGREEMENTS WITH CERTAIN DIRECT SALES AGENTS HAD A CLAUSE REGARDING RBI’S RIGHT TO INSPECT BOOKS AND ACCOUNTS OF SERVICE PROVIDERS DID NOT SHARE INFORMATION ABOUT RELATIONSHIP SEGMENT OF CORPORATES TO CREDIT INFORMATION COMPANIES	IMPOSED PENALTY RS.5,80,000 FROM 10-FEB-2025 10-FEB-2025
144	SMFG INDIA CREDIT CO.LTD.		DID NOT ENSURE THAT CONTRACT BETWEEN COMPANY AND OUTSOURCED VENDORS CONTAINED PROVISION WITH RESPECT TO MONITORING AND OVERSIGHT DID NOT CONDUCT IS AUDIT FOR NETWORK AND SECURITY SOLUTIONS SINCE ITS INCEPTION DID NOT ENSURE ADEQUATE STORAGE/RETENTION OF AUDIT LOGS OF EMAIL GATEWAY AND ANALYSE OR TAKE ACTION ON A CRITICAL ALERT GENERATED FROM ENDPOINT DETECTION & RESPONSE SOLUTION FOR MALWARE DETECTION FROM INFECTED SERVER	IMPOSED PENALTY RS.23,10,000 FROM 04-SEP-2024 04-SEP-2024
145	SONATA FINANCE PVT.LTD.		DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI BY CHANGING ITS MANAGEMENT WITHOUT PRIOR APPROVAL OF RESERVE BANK OF INDIA	IMPOSED PENALTY RS.15,00,000 FROM 23-MAR-2021 23-MAR-2021
146	SPANDANA SPHOORTY FINANCIAL LTD.		DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI BY CHANGING ITS MANAGEMENT WITHOUT PRIOR APPROVAL OF RESERVE BANK OF INDIA	IMPOSED PENALTY RS.2,33,00,000 FROM 05-AUG-2022 05-AUG-2022
147	SRESTHA FINVEST LTD.		DID NOT OBTAIN PRIOR APPROVAL OF RBI FOR APPOINTMENT OF DIRECTORS	IMPOSED PENALTY RS.2,00,000 FROM 18-MAY-2023 18-MAY-2023
148	SULTANPUR JILLA SAHKARI BANK LTD.		DID NOT SUBMIT DATA TO ANY OF THE FOUR CREDIT INFORMATION COMPANIES (AT MONTHLY AND/OR SHORTLY INTERVALS) DID NOT PUT IN PLACE A SYSTEM OF RISK CATEGORISATION OF ACCOUNTS DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON ROBUST SOFTWARE TO THROW ALERTS AS PART OF EFFECTIVE IDENTIFICATION OF ACCOUNTS, MONITORING AND/OR REPORTING OF SUSPICIOUS TRANSACTIONS DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE UNCLAIMED FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND WITHIN PRESCRIBED PERIOD	IMPOSED PENALTY RS.3,00,000 FROM 19-JUN-2026 19-JUN-2026
149	SUNDARAM HOME FINANCE LTD.		DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC UPDATION OF “KNOW YOUR CLIENTS” OF CUSTOMERS AS PER RISK CATEGORISATION OF CUSTOMERS AND/OR ACCOUNTS	IMPOSED PENALTY RS.1,50,000 FROM 09-MAY-2024 09-MAY-2024
150	SWAGATAM MARKETING PVT.LTD.		DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON DISCLOSURE OF ANNUALIZED RATE OF INTEREST CHARGED ON LOANS TO THE BORROWERS AT THE TIME OF SANCTION AND DID NOT GIVE NOTICE OF CHANGE IN TERMS AND CONDITIONS OF LOAN TO BORROWERS WHEN IT CHARGED HIGHER RATE OF INTEREST THAN WHAT WAS COMMUNICATED AT THE TIME OF SANCTION	IMPOSED PENALTY RS.1,00,000 FROM 16-AUG-2022 16-AUG-2022
151	TOYOTA FINANCIAL SERVICES INDIA LTD.		DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON MONITORING OF FRAUDS IN NBFCS	IMPOSED PENALTY RS.5,00,000 FROM 09-OCT-2019 09-OCT-2019
152	TRANSACTREE TECHNOLOGIES PVT.LTD.		ROUTED AMOUNTS DISBURSED AND COLLECTED IN LOAN ACCOUNTS IN P2P PLATFORM THROUGH ‘CO-LENDING ESCROW ACCOUNT’ IN VIOLATION OF ‘FUND TRANSFER MECHANISM’ DID NOT UNDERTAKE AND DISCLOSE CREDIT ASSESSMENT AND RISK PROFILE OF BORROWERS TO PROSPECTIVE LENDERS DISBURSED LOANS TO INDIVIDUAL BORROWERS WITHOUT SPECIFIC APPROVAL OF INDIVIDUAL LENDERS	IMPOSED PENALTY RS.40,00,000 FROM 23-MAY-2025 23-MAY-2025
153	TRUE CREDITS PVT.LTD.		DID NOT UNDERTAKE ENHANCED DUE DILIGENCE MEASURES FOR CERTAIN CUSTOMERS ONBOARDED THROUGH NON-FACE-TO-FACE MODES	IMPOSED PENALTY RS.3,10,000 FROM 05-JUN-2026 05-JUN-2026
154	UCA FINVEST PVT.LTD.		VIOLATED SPECIFIC CONDITIONS OF THE CERTIFICATE OF REGISTRATION (ACCEPTED PUBLIC FUNDS AND CUSTOMER INTERFACE, WHEN SANCTIONING ITS LOANS AND ADVANCES)	IMPOSED PENALTY RS.4,10,000 FROM 27-MAR-2025 27-MAR-2025
155	UNIMONI FINANCIAL SERVICES LTD.		DID NOT ADHERE TO CERTAIN DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON ISSUANCE AND OPERATION OF PPIS IN INDIA	IMPOSED PENALTY RS.29,79,000 FROM 12-MAY-2022 12-MAY-2022
156	UTSAV SECURITIES LTD.		KEY MANAGEMENT PERSONNEL (KMP)/MANAGING DIRECTOR HELD DIRECTORSHIP IN OTHER NBFCS-MIDDLE LAYER DID NOT SUBMIT DATA TO ANY OF THE FOUR CREDIT INFORMATION COMPANIES (AT MONTHLY AND/OR SHORTLY INTERVALS)	IMPOSED PENALTY RS.3,90,000 FROM 03-AUG-2026 03-AUG-2026
157	VALUECORP SECURITIES & FINANCE LTD.		DID NOT SUBMIT DATA TO ANY OF THE FOUR CREDIT INFORMATION COMPANIES (AT MONTHLY AND/OR SHORTLY INTERVALS) TRANSFERRED LOAN EXPOSURE TO OTHER THAN A PERMITTED ENTITY DID NOT ASSIGN UNIQUE CUSTOMER IDENTIFICATION CODE (UCIC) TO ITS CUSTOMERS DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC UPDATION OF “KNOW YOUR CLIENTS” OF CUSTOMERS AS PER RISK CATEGORISATION OF CUSTOMERS AND/OR ACCOUNTS	IMPOSED PENALTY RS.2,40,000 FROM 23-DEC-2025 23-DEC-2025
158	VALUEFIN INDIA CREDIT SERVICES PVT.LTD.		DID NOT TAKE PRIOR WRITTEN PERMISSION OF RBI FOR CHANGE IN SHAREHOLDING MORE THAN 26% OF PAID-UP EQUITY CAPITAL	IMPOSED PENALTY RS.1,80,000 FROM 11-AUG-2026 11-AUG-2026
159	VANCHINAD FINANCE PVT.LTD.		DECLARED DIVIDEND IN EXCESS OF PRESCRIBED DIVIDEND PAYOUT RATIO	IMPOSED PENALTY RS.1,00,000 FROM 03-MAR-2025 03-MAR-2025
160	VEDVYAS FINANCE PVT.LTD.		DID NOT OBTAIN PRIOR WRITTEN PERMISSION OF RBI FOR CHANGE IN MANAGEMENT RESULTING IN CHANGE IN MORE THAN 30% OF THE DIRECTORS, EXCLUDING INDEPENDENT DIRECTORS	IMPOSED PENALTY RS.30,000 FROM 16-MAR-2026 16-MAR-2026
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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