25
Economics2h 13m ago

The Reserve Bank of India imposed penalties totaling Rs 21.10 lakh on six non-banking financial companies for compliance violations.

India

Who
Reserve Bank of India, Muthoot Finance, Satya MicroCapital, PAN Emami Cosmed, Dhani Loans and Services, Muthoot Vehicle and Asset Finance, Avail Financial Services
What
The Reserve Bank of India imposed penalties totaling Rs 21.10 lakh on six non-banking financial companies for compliance violations.
When
Fri, 17 Jul 2026 16:37:21 GMT · 2h 13m ago
Where
India ·
Why
The penalties were imposed due to compliance violations by the financial institutions.
The Frontline Impact

How this affects you

The Reserve Bank of India has fined six non-banking financial companies for non-compliance. The total penalty amounts to Rs 21.10 lakh, with individual fines ranging from Rs 2.70 lakh to Rs 6.20 lakh.

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