Case Brief
By an order dated March 27, 2026, RBI imposed a monetary penalty of ₹10.30 lakh on Exclusive Capital Limited. The action followed offsite analysis and correspondence showing non-compliance with RBI directions relating to leverage ratio, filing of supervisory returns, and submission of the balance sheet. After a show-cause process and personal hearing, RBI sustained the charges and imposed the penalty under the RBI Act, 1934.
Action Snapshot
- Primary Impact
- Fine: Rs 10.3 L
- Entity Type
- NBFC
- Action Type
- Monetary penalty
- Order Date