**Executive Summary**
The Reserve Bank of India (RBI) imposed a monetary penalty of ₹2.40 lakh on Valuecorp Securities & Finance Limited due to non-compliance with RBI directions regarding data submission to Credit Information Companies, loan exposure transfers, and KYC norms. The penalty was issued on December 23, 2025, following a statutory inspection of the company's financial position as of March 31, 2024.
**Key Points / Main Content**
* **Penalty Imposition:**
* RBI imposed a monetary penalty of ₹2.40 lakh on Valuecorp Securities & Finance Limited on December 23, 2025.
* The penalty is for non-compliance with RBI directions on data submission to Credit Information Companies, transfer of loan exposure, and KYC norms.
* **Reasons for Penalty:**
* Failure to submit credit information of customers to Credit Information Companies (CICs).
* Transferring loan exposure to other than a permitted entity.
* Failure to assign Unique Customer Identification Code (UCIC) to customers.
* Failure to carry out risk categorization of customers.
* **Inspection Details:**
* The statutory inspection of the company was conducted with reference to its financial position as on March 31, 2024.
* **RBI's Statement:**
* The action is based on deficiencies in regulatory compliance and does not pronounce upon the validity of any transaction or agreement.
* The penalty is without prejudice to any other action that may be initiated by RBI against the company.
**Impact Analysis**
**Valuecorp Securities & Finance Limited**
* **Impact:**
* Financial penalty of ₹2.40 lakh.
* Reputational damage due to non-compliance.
* Potential for further action by the RBI.
* **Action Required:**
* Pay the monetary penalty.
* Implement corrective measures to address the identified deficiencies in data submission, loan exposure transfers, and KYC compliance.
* Ensure compliance with all RBI directions to avoid further penalties or actions.
Key Entities Referenced
Mumbai: Location of the RBI's Department of Communication.
Reserve Bank of India (RBI): Imposed a monetary penalty on Valuecorp Securities & Finance Limited.
Valuecorp Securities & Finance Limited: Entity on which RBI imposed a monetary penalty.
Credit Information Companies (Regulation) Act, 2005: Act under which the penalty was imposed.
Reserve Bank of India Act, 1934: Act under which the penalty was imposed.
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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
December 29, 2025
RBI imposes monetary penalty on Valuecorp Securities & Finance Limited
The Reserve Bank of India (RBI) has, by an order dated December 23, 2025,
imposed a monetary penalty of ₹ 2.40 lakh (Rupees Two Lakh Forty Thousand only)
on Valuecorp Securities & Finance Limited (the company), for non-compliance with
certain directions issued by RBI on ‘Submission of data to Credit Information
Companies’, ‘Transfer of Loan Exposure’ and ‘Know Your Customer (KYC)’. This
penalty has been imposed in exercise of powers conferred on RBI under Section
25(1)(iii) read with Section 23(4) of the Credit Information Companies (Regulation) Act,
2005 and Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India
Act, 1934.
The statutory inspection of the company was conducted by RBI with reference to
its financial position as on March 31, 2024. Based on supervisory findings of non-
compliance with RBI directions and related correspondence in that regard, 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, inter alia, that the following charge against the company was sustained,
warranting imposition of monetary penalty:
The company had:
i) failed to submit credit information of its customers to any of the Credit
Information Companies (CICs);
ii) transferred a loan exposure to other than a permitted entity;
iii) failed to assign Unique Customer Identification Code (UCIC) to its
customers;
iv) failed to carry out risk categorisation of its customers.
This action is based on deficiencies in regulatory compliance and is not intended to
pronounce upon the validity of any transaction or agreement entered 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: 2025-2026/1791 Chief General Manager