Case Brief
RBI, by order dated August 11, 2026, imposed a monetary penalty of ₹1.80 lakh on Valuefin India Credit Services Private Limited for non-compliance with directions issued on acquisition of shareholding or control. RBI found that the company failed to obtain prior written permission for a change in shareholding beyond 26% of its paid-up equity capital, following correspondence regarding post-facto approval sought for acquisition of shareholding/control by new investors. The penalty was imposed under Section 58G(1)(b) read with Section 58B(5)(aa) of the RBI Act, 1934, after a show-cause notice, reply, and personal hearing.
Action Snapshot
- Primary Impact
- Fine: Rs 1.80 L
- Entity Type
- NBFC
- Action Type
- Monetary penalty