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S.No.
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ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1
|
|
DAIMLER FINANCIAL SERVICES INDIA PVT.LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI BY CHANGING ITS MANAGEMENT WITHOUT PRIOR APPROVAL OF RESERVE BANK OF INDIA
DID NOT ADHERE TO RBI COMMERCIAL PAPER DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2017
|
IMPOSED PENALTY RS.10,00,000
19-MAY-2021
|
|
|
2
|
|
|
HEWLETT-PACKARD FINANCIAL SERVICES (INDIA) PVT.LTD.
|
|
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DID NOT ADHERE TO RBI DIRECTIVES/INSTRUCTIONS/GUIDELINES ON MEMBERSHIP OF CREDIT INFORMATION COMPANIES (CICS)
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI BY CHANGING ITS MANAGEMENT WITHOUT PRIOR APPROVAL OF RESERVE BANK OF INDIA
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON DATA FORMAT FOR FURNISHING OF CREDIT INFORMATION TO CREDIT INFORMATION COMPANIES AND OTHER REGULATORY MEASURES
|
IMPOSED PENALTY RS.6,00,000
03-AUG-2021
|
|
|
3
|
|
|
JUMBO FINVEST (INDIA) LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI BY CHANGING ITS MANAGEMENT WITHOUT PRIOR APPROVAL OF RESERVE BANK OF INDIA
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.25,50,000
03-MAY-2021
|
|
|
4
|
|
|
M.L.SECURITIES & FINANCE PVT.LTD.
|
|
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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.2,50,000
11-MAR-2022
|
|
|
5
|
|
|
MANAPPURAM FINANCE LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON VERIFICATION OF OWNERSHIP OF GOLD JEWELLERY CONTAINED IN NBFC RESERVE BANK OF INDA DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
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.5,00,000
19-NOV-2020
|
|
|
6
|
|
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MULAMOOTTIL FINANCIERS LTD.
|
|
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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.20,00,000
24-NOV-2021
|
|
|
7
|
|
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MUTHOOT FINANCE LTD.
|
|
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON LOAN TO VALUE (LTV) RATIO PERTAINING TO GOLD LOANS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI BY CHANGING ITS MANAGEMENT WITHOUT PRIOR APPROVAL OF RESERVE BANK OF INDIA
DID NOT OBTAIN PERMANENT ACCOUNT NUMBER (PAN) CARD WHILE GRANTING GOLD LOANS IN EXCESS OF RS.5.00 LACS
|
IMPOSED PENALTY RS.10,00,000
19-NOV-2020
|
|
|
8
|
|
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NISSAN RENAULT FINANCIAL SERVICES INDIA PVT.LTD.
|
|
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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.5,00,000
17-NOV-2020
|
|
|
9
|
|
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SAPPERS FINANCE & CONSULTANCY PVT.LTD.
|
|
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI BY CHANGING ITS MANAGEMENT WITHOUT PRIOR APPROVAL OF RESERVE BANK OF INDIA
OFFERED INTEREST ON DEPOSITS OF NON-INDIVIDUAL CONSTITUENTS AT RATES APPLICABLE TO SENIOR/SUPER SENIOR CITIZENS
|
IMPOSED PENALTY RS.1,50,000
02-NOV-2023
|
|
|
10
|
|
|
SHRIRAM CITY UNION FINANCE LTD.
|
|
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON VERIFICATION OF OWNERSHIP OF GOLD JEWELLERY CONTAINED IN NBFC RESERVE BANK OF INDA DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI BY CHANGING ITS MANAGEMENT WITHOUT PRIOR APPROVAL OF RESERVE BANK OF INDIA
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON REPORTING OF FRAUDS CONTAINED IN MONITORING OF FRAUDS IN NBFCS RESERVE BANK OF INDA DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
|
IMPOSED PENALTY RS.5,00,000
23-SEP-2020
|
|
|
11
|
|
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SONATA FINANCE PVT.LTD.
|
|
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI BY CHANGING ITS MANAGEMENT WITHOUT PRIOR APPROVAL OF RESERVE BANK OF INDIA
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IMPOSED PENALTY RS.15,00,000
23-MAR-2021
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|
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12
|
|
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SPANDANA SPHOORTY FINANCIAL LTD.
|
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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
05-AUG-2022
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|
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The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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