SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 21-NOV-2024

NBFC: 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

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S.No.	ENTITY	PERSONS	REGULATORY CHARGES	REGULATORY ACTION(S) / DATE OF ORDER	FURTHER DEVELOPMENTS
1	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 16-AUG-2022
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.