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

NBFC: IMPOSED PENALTY

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S.No.	ENTITY	PERSONS	REGULATORY CHARGES	REGULATORY ACTION(S) / DATE OF ORDER	FURTHER DEVELOPMENTS
121	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
122	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
123	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
124	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
125	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
126	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
127	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
128	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
129	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
130	VILLAGE FINANCIAL SERVICES PVT.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 11-AUG-2021 11-AUG-2021
131	VINAYAKA CAPSEC 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.1,00,000 FROM 04-FEB-2026 04-FEB-2026
132	VISIONARY FINANCEPEER PVT.LTD.		DISBURSED LOANS TO INDIVIDUAL BORROWERS WITHOUT SPECIFIC APPROVAL OF INDIVIDUAL LENDERS DID NOT ENSURE THAT EACH INDIVIDUAL LENDER AND BORROWER HAD SIGNED A LOAN AGREEMENT DID NOT MAKE DISCLOSURE OF REQUIRED DETAILS OF THE BORROWERS TO THE LENDERS DID NOT HAVE BOARD APPROVED POLICY FOR PRICING OF SERVICES PROVIDED DID NOT ENSURE THAT ITS AGREEMENTS WITH SERVICE PROVIDERS INCLUDED CLAUSES TO RECOGNIZE THE RIGHT OF RBI TO CAUSE INSPECTION TO BE MADE OF THE SERVICE PROVIDERS AND UNDERTAKE ANNUAL REVIEW OF THE SERVICE PROVIDERS TOOK PARTIAL CREDIT RISK BY FOREGOING SERVICE FEE PARTIALLY/FULLY WHICH WAS NOT PROVIDED UNDER THE SCOPE OF ACTIVITIES FOR NBFC-P2P COMPANIES	IMPOSED PENALTY RS.16,60,000 FROM 25-FEB-2025 25-FEB-2025
133	VSJ INVESTMENTS PVT.LTD.		ACQUIRED LOAN FROM INELIGIBLE ENTITY	IMPOSED PENALTY RS.80,000 FROM 20-JAN-2026 20-JAN-2026
134	WEST END HOUSING FINANCE LTD.		DID NOT OBTAIN PRIOR WRITTEN PERMISSION OF RBI FOR CHANGE IN SHAREHOLDING DUE TO PROGRESSIVE INCREASES OVER TIME, RESULTING IN ACQUISITION OF SHAREHOLDING BEYOND PERMITTED LIMIT	IMPOSED PENALTY RS.1,70,000 FROM 15-SEP-2023 15-SEP-2023
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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