RBI Imposes Rs1 Lakh Penalty on Ayodhya Finlease
Moneylife Digital Team 22 August 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs1 lakh on New Delhi-based Ayodhya Finlease Ltd, a non-banking financial company (NBFC), for violating provisions of its regulatory framework. The violations relate to the RBI master directions for NBFC–non-systemically important non-deposit taking companies (2016) and the NBFC–scale-based regulation (SBR) directions (2023).
 
The statutory inspection of Ayodhya Finlease revealed that the NBFC failed to seek the central bank’s prior approval for a change in shareholding that exceeded 26% of its paid-up equity capital.
 
After considering the reply and oral submissions of Ayodhya Finlease during the personal hearing, RBI says it has concluded that the non-compliance charges with its directions were substantiated and warranted the imposition of a monetary penalty.
 
RBI says the penalty imposed on Ayodhya Finlease is based on deficiencies in regulatory compliance and is not intended to pronounce on the validity of any transaction or agreement entered by the banks with their customers.
Comments
Free Helpline
Legal Credit
Feedback