RBI imposes monetary penalty on Mannakrishna Investments Private Limited
India, Nov. 28 -- The Reserve Bank of India (RBI) has, by an order dated November 25, 2025, imposed a monetary penalty of Rs. 3.10 lakh (Rupees Three lakh ten thousand only) on Mannakrishna Investments Private Limited (the company) for non-compliance with certain provisions of the 'Master Direction - Reserve Bank of India (Non-Banking Financial Company - Scale Based Regulation) Directions, 2023' issued by RBI, relating to 'Governance Issues'. This penalty has been imposed in exercise of powers conferred on RBI under clause (b) of sub-section (1) of Section 58G read with clause (aa) of sub-section (5) of Section 58B of the Reserve Bank of India Act, 1934.The statutory inspection of the company was conducted by RBI with reference to its finan...
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