Case Brief
RBI imposed a monetary penalty of Rs 3.10 lakh on Satya MicroCapital Limited by order dated July 13, 2026. The penalty was imposed under Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934, after a statutory inspection and show-cause proceedings. RBI found that the company had not classified certain accounts as non-performing assets upon restructuring, violating RBI directions on asset classification.
Action Snapshot
- Primary Impact
- Fine: Rs 3.10 L
- Entity Type
- NBFC
- Action Type
- Monetary penalty
- Order Date