**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's directions on the purchase/sale of non-performing assets. The order was issued on December 29, 2025. The penalty is based on powers conferred to RBI by law.
**Key Points / Main Content**
* **Penalty Imposition:**
* The RBI imposed a monetary penalty of ₹40,000 on Sankhya Financial Services Private Limited.
* The penalty was ordered on December 29, 2025.
* **Reason for Penalty:**
* The penalty is for non-compliance with RBI directions on 'Guidelines on purchase/sale of non-performing assets'.
* Specifically, the company assigned a non-performing asset to an ineligible entity.
* **Legal Basis:**
* The penalty is imposed under clause (b) of sub-section (1) of Section 58G read with clause (aa) of sub-section (5) of Section 58B of the Reserve Bank of India Act, 1934.
* **Context of Investigation:**
* The scrutiny was initiated following a complaint regarding the assignment of stressed assets to an ineligible entity.
* The company was issued a show-cause notice and given a personal hearing before the penalty was imposed.
* **Disclaimer:**
* The action is based on deficiencies in regulatory compliance.
* The action is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its 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**
* Financial: Bears a monetary penalty of ₹40,000.
* Reputational: Possible reputational damage due to non-compliance.
* Regulatory: Subject to further potential actions by the RBI.
* **Action Required**
* Pay the monetary penalty of ₹40,000.
* Ensure future compliance with RBI guidelines on non-performing assets.
* Address the deficiencies that led to the penalty.
**RBI**
* **Impact**
* Enforcement: Enforces regulatory compliance within the financial sector.
* Reputational: Upholds its reputation as a regulator.
* **Action Required**
* Monitor Sankhya Financial Services' compliance.
* Potentially take further actions if deemed necessary.
Key Entities Referenced
Reserve Bank of India Act, 1934: The Act under which the penalty was imposed.
Reserve Bank of India (RBI): The regulator that imposed the monetary penalty.
Sankhya Financial Services Private Limited: The entity on which the monetary penalty was imposed.
Section 58G: Section of Reserve Bank of India Act under which penalty was imposed
Mumbai: Location of both the regulator and the entity on which the penalty was imposed
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
January 05, 2026
RBI imposes monetary penalty on Sankhya Financial Services
Private Limited, Mumbai
The Reserve Bank of India (RBI) has, by an order dated December 29, 2025,
imposed a monetary penalty of ₹40,000 (Rupees Forty Thousand only) on Sankhya
Financial Services Private Limited (the company) for non-compliance with certain
directions issued by RBI on ‘Guidelines on purchase/sale of non-performing assets’.
This penalty has been imposed in exercise of powers conferred on RBI under clause
(b) of sub-section (1) of Section 58G read with clause (aa) of sub-section (5) of
Section 58B of the Reserve Bank of lndia Act, 1934.
A scrutiny of the company carried out by the RBI in the context of a complaint
relating to assignment of stressed assets to an ineligible entity, revealed non-
compliance with RBI directions. Based on the same, a notice was issued to the
company advising it to show cause as to why penalty should not be imposed on it for
its failure to comply with the said directions. After considering the company’s reply to
the notice and oral submissions made during the personal hearing, RBI found, that
the following charge against the company was sustained, warranting imposition of
monetary penalty:
The company had assigned a non-performing asset to an ineligible entity.
This action is based on deficiencies in regulatory compliance and is not intended
to pronounce upon the validity of any transaction or agreement entered into by the
company with its customers. Further, imposition of monetary penalty is without
prejudice to any other action that may be initiated by RBI against the company.
(Brij Raj)
Press Release: 2025-2026/1854 Chief General Manager