RBI imposes monetary penalty on Satya MicroCapital Limited
Case Brief
RBI imposed a monetary penalty of Rs 3.10 lakh on Satya MicroCapital Limited by order dated July 13, 2026. The penalty was imposed under Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934, after a statutory inspection and show-cause proceedings. RBI found that the company had not classified certain accounts as non-performing assets upon restructuring, violating RBI directions on asset classification.
RBI imposed a monetary penalty under Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934. The penalty followed a statutory inspection of Satya MicroCapital Limited with reference to its financial position as on March 31, 2025, and a show-cause process. RBI sustained the charge that the company failed to classify certain accounts as 'non-performing assets' upon restructuring, amounting to non-compliance with RBI directions on asset classification.
Severity Assessment
The action is a monetary penalty of Rs 3.10 lakh, which falls in the 2-lakh-to-10-lakh band and carries no additional structural restriction.
Satya MicroCapital Limited must absorb the monetary penalty, and RBI may initiate any further action it deems appropriate. The release does not impose an operational restriction, but it signals supervisory non-compliance that may affect future regulatory scrutiny.
Published as Satya MicroCapital Limited
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