RBI imposes monetary penalty on Sankhya Financial Services Private Limited, Mumbai

**Executive Summary** This press release, dated January 05, 2026, announces that the Reserve Bank of India (RBI) has imposed a monetary penalty of ₹40,000 on Sankhya Financial Services Private Limited due to non-compliance with RBI guidelines on the purchase/sale of non-performing assets, as ordered on December 29, 2025. The penalty is imposed under powers conferred on the RBI by the Reserve Bank of India Act, 1934. **Key Points / Main Content** * **Penalty Imposition:** * RBI imposed a monetary penalty of ₹40,000 on Sankhya Financial Services Private Limited. * The order was dated December 29, 2025. * **Reason for Penalty:** * The penalty is for non-compliance with RBI's "Guidelines on purchase/sale of non-performing assets." * The penalty is imposed under Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934. * **Background:** * A scrutiny by the RBI revealed non-compliance with directions regarding the assignment of stressed assets to an ineligible entity. * The company was issued a notice to show cause as to why the penalty should not be imposed. * After considering the company's reply and oral submissions, the RBI sustained the charge. * **Company Action:** * The company had assigned a non-performing asset to an ineligible entity. * **Disclaimer:** * The action is based on deficiencies in regulatory compliance and does not assess the validity of the company's transactions with customers. * The penalty is without prejudice to any other action that may be initiated by RBI against the company. **Impact Analysis** **Sankhya Financial Services Private Limited** * **Impact:** Faces a monetary penalty of ₹40,000 and potential reputational damage. Further regulatory action by the RBI is possible. * **Action Required:** Pay the penalty and ensure compliance with RBI guidelines to avoid future penalties. **Customers of Sankhya Financial Services Private Limited** * **Impact:** The press release clarifies that the penalty is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its customers. * **Action Required:** No immediate action is required, but they should stay informed about the company's compliance status. **Reserve Bank of India (RBI)** * **Impact:** Enforces regulatory compliance within the financial services sector. * **Action Required:** Continue monitoring Sankhya Financial Services Private Limited for compliance and take further action if necessary.

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