The Reserve Bank of India (RBI), through an order dated January 20, 2026, has imposed a monetary penalty of Rs 80,000 on VSJ Investments Private Limited, Mumbai, Maharashtra, for non-compliance with RBI directions on Transfer of Loan Exposures.

The penalty has been imposed under the powers conferred by Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934.

The action follows an analysis of documents and an assignment agreement executed by the company with an unregulated entity, which revealed regulatory non-compliance. Based on these findings, the RBI issued a show-cause notice to the company. After considering the company’s written response and oral submissions made during a personal hearing, the central bank concluded that the charge was sustained.

The RBI observed that the company had acquired a loan from an ineligible entity, warranting the imposition of a monetary penalty.

The central bank clarified that the penalty is based on deficiencies in regulatory compliance and does not comment on the validity of any transaction or agreement entered into by the company with its customers. The action is without prejudice to any other measures that may be initiated by the RBI against the company.