India, Jan. 6 -- Reserve Bank of India (RBI) has, by an order dated December 29, 2025, imposed a monetary penalty of Rs 40,000 on Sankhya Financial Services Private Limited, Mumbai, for non-compliance with RBI guidelines on the purchase/sale of non-performing assets (NPAs).
The penalty has been levied under Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934.
RBI conducted a scrutiny following a complaint related to the assignment of stressed assets to an ineligible entity, which revealed regulatory non-compliance. A show-cause notice was subsequently issued to the company. After reviewing the company's written reply and oral submissions during the personal hearing, RBI concluded that the company had assi...