RBI12 Aug 2026press-releasePrepared by Complied AI

Monetary Penalty on Valuefin India Credit Services Private Limited

Official title

RBI imposes monetary penalty on Valuefin India Credit Services Private Limited

Official record

Summary

What changed

The 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.

Who is affected: Valuefin India Credit Services Private Limited
Key dates: Date of the order imposing the penalty — 10 Aug 2026
Thresholds: Prior written permission is required for changes in shareholding exceeding 26 per cent of paid-up equity capital.
Consequences: The company must pay a monetary penalty of ₹1.80 lakh.

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Source details

Source: Reserve Bank of India
Type: press-release
Published by source: 12 Aug 2026
Document number: 2026-2027/883
Issuing division: Department of Communication
Coverage area: banking

Document text

Prepared for reading; wording retained from the source.

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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

0वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502

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