SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 09-OCT-2026

NBFC: IMPOSED PENALTY

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S.No.	ENTITY	PERSONS	REGULATORY CHARGES	REGULATORY ACTION(S) / DATE OF ORDER	FURTHER DEVELOPMENTS
1	KEERTANA FINSERV 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.3,10,000 FROM 02-DEC-2025 02-DEC-2025
2	KHUSH HOUSING FINANCE PVT.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.16,000 FROM 19-MAY-2025 19-MAY-2025
3	KKR INDIA FINANCIAL SERVICES PVT.LTD.		DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON MONITORING OF FRAUDS IN NBFCS	IMPOSED PENALTY RS.5,00,000 FROM 05-MAY-2022 05-MAY-2022
4	KLM AXIVA FINVEST LTD.		DID NOT PAY SURPLUS AMOUNT REALISED FROM THE AUCTION OF PLEDGED GOLD ARTICLES, OVER AND ABOVE THE LOAN OUTSTANDING, TO CERTAIN BORROWERS	IMPOSED PENALTY RS.2,70,000 FROM 22-SEP-2026 22-SEP-2026
5	KLM AXIVA FINVEST LTD.		DECLARED DIVIDEND FOR FINANCIAL YEAR 2023-24 DESPITE NOT MEETING MINIMUM PRUDENTIAL REQUIREMENTS IN EACH OF THE LAST THREE FINANCIAL YEARS	IMPOSED PENALTY RS.10,00,000 FROM 24-MAR-2025 24-MAR-2025
6	KOSAMATTAM FINANCE LTD.		DID NOT SUBMIT CREDIT INFORMATION PERTAINING TO GOLD LOAN ACCOUNTS TO CREDIT INFORMATION COMPANIES DID NOT MAINTAIN LOAN-TO-VALUE (LTV) RATIO OF 75% IN CERTAIN LOAN ACCOUNTS	IMPOSED PENALTY RS.13,38,000 FROM 25-OCT-2023 25-OCT-2023
7	KOSAMATTAM FINANCE LTD.		ALLOWED OPERATIONS AND DID NOT CLOSE SEVERAL ACCOUNTS OPEN USING OTP BASED E-KYC IN NON-FACE-TO-FACE MODE, EVEN AFTER EXPIRY OF ONE YEAR WITHOUT CONDUCTING CUSTOMER DUE DILIGENCE PROCEDURE	IMPOSED PENALTY RS.5,00,000 FROM 18-JUN-2018 18-JUN-2018
8	KRAZYBEE SERVICES PVT.LTD.		PERSISTENT/REPEAT COMPLAINTS ABOUT HARASSMENT OF CUSTOMERS DUE TO RECOVERY AND COLLECTION METHODS A ADOPTED BY THE COMPANY RECOVERY AGENTS DID NOT REPORT TO HARASSMENT OR INTIMIDATION OF CUSTOMERS AS PART OF ITS DEBT COLLECTION EFFORTS	IMPOSED PENALTY RS.42,48,000 FROM 01-FEB-2023 01-FEB-2023
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.