India, Jan. 23 -- The Reserve Bank of India (RBI), through an order dated January 20, 2026, has imposed a monetary penalty of Rs 80,000 on VSJ Investments Private Limited, Mumbai, Maharashtra, for non-compliance with RBI directions on Transfer of Loan Exposures.
The penalty has been imposed under the powers conferred by Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934.
The action follows an analysis of documents and an assignment agreement executed by the company with an unregulated entity, which revealed regulatory non-compliance. Based on these findings, the RBI issued a show-cause notice to the company. After considering the company's written response and oral submissions made during a personal hear...