RBI imposes monetary penalty on Ayodhya Finlease Limited

Case Brief

RBI, by order dated August 14, 2025, imposed a monetary penalty of Rs 1 lakh on Ayodhya Finlease Limited. The penalty was levied for non-compliance with RBI directions applicable to non-systemically important, non-deposit taking NBFCs and the Scale Based Regulation Directions, 2023. RBI found that the company failed to obtain prior written permission for a shareholding change exceeding 26% of its paid-up equity capital. RBI noted that the action is based on regulatory deficiencies and does not pronounce on the validity of any transaction with customers.