Monetary Penalty on Valuefin India Credit Services Private Limited
RBI press-release 2026-2027/883 · 13 Aug 2026
Official title
RBI imposes monetary penalty on Valuefin India Credit Services Private Limited
RBI press-release 2026-2027/883 · 13 Aug 2026
Official title
RBI imposes monetary penalty on Valuefin India Credit Services Private Limited
Summary
Check the official recordThe Reserve Bank of India imposes a monetary penalty of ₹1.80 lakh on Valuefin India Credit Services Private Limited. The company failed to obtain prior written permission from the Reserve Bank of India for a change in shareholding that exceeded 26 per cent of its paid-up equity capital. This action follows non-compliance with regulatory directions regarding the acquisition of shareholding or control. The Reserve Bank of India issued a show cause notice to the company and considered its reply and oral submissions before the final decision. This penalty does not affect the validity of any transactions or agreements between the company and its customers.
Key dates
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Thresholds
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August 13, 2026
RBI imposes monetary penalty on Valuefin India Credit Services Private Limited
The Reserve Bank of India (RBI) has, by an order dated August 11, 2026, imposed a monetary penalty of ₹1.80 lakh (Rupees One Lakh and Eighty Thousand only) on Valuefin India Credit Services Private Limited (the company), for non- compliance with certain directions issued by RBI on ’Acquisition of Shareholding or Control’. This penalty has been imposed in exercise of powers conferred on RBI under Section 58G(1)(b) read with Section 58B(5)(aa) of the RBI Act, 1934.
The correspondence between RBI and the company, pertaining to post-facto approval for acquisition of shareholding / control of more than 26 per cent of the paid- up equity capital of the company by new investors, revealed non-compliance with RBI directions. Based on the same, a notice was issued to the company advising it to show cause as to why penalty should not be imposed on it for its failure to comply with said directions. After considering the company’s reply to the notice and oral submissions made during the personal hearing, RBI found that the following charge against the company was sustained, warranting imposition of monetary penalty:
The company had failed to obtain prior written permission of RBI for change in shareholding in excess of 26 per cent of its paid-up equity capital.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered by the company with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the company.
(Brij Raj)
Press Release: 2026-2027/883 Chief General Manager ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
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