{"title":"Digital Lending Enforcement Tracker","url":"https://www.oquilia.com/digital-lending-enforcement-tracker","publisher":"Oquilia","coverage":{"from":"2026-01-01","to":"2026-10-07"},"lastUpdated":"2026-10-08","licence":"Free to reuse. Please credit Oquilia's Digital Lending Enforcement Tracker.","notice":"Each row records an action by the authority named, as described in the linked source. Rows marked Allegation (ED attachments, FIRs, arrests, chargesheets) are not findings of guilt. RBI states that its penalties are based on deficiencies in regulatory compliance and do not pronounce on any transaction with customers.","rows":[{"id":"2026-09-24-rbi-hero-fincorp","date":"2026-09-24","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Hero Fincorp Limited","amount_inr":1000000,"legal_footing":"Regulator's finding","summary":"RBI said Hero Fincorp Limited collected excess interest from certain loan accounts, in breach of its directions on Fair Practices Code for Lenders – Charging of Interest, and imposed a penalty of ₹10 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63658","source_title":"RBI imposes monetary penalty on Hero Fincorp Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-09-24-rbi-klm-axiva-finvest","date":"2026-09-24","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"KLM Axiva Finvest Limited","amount_inr":270000,"legal_footing":"Regulator's finding","summary":"RBI said KLM Axiva Finvest Limited did not pay certain borrowers the surplus realised from auctions of their pledged gold over and above the loan outstanding, in breach of its directions on auction procedure, and imposed a penalty of ₹2.70 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63659","source_title":"RBI imposes monetary penalty on KLM Axiva Finvest Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-09-16-supreme-court-cholamandalam","date":"2026-09-16","authority":"Supreme Court","group":"Courts","action":"Court order","entity":"Cholamandalam Investment and Finance Company Limited","amount_inr":1000000,"legal_footing":"Court order","summary":"The Supreme Court held that an NBFC's night-time repossession of a borrower's truck without the notice required by the loan agreement was arbitrary and violated Articles 14 and 21, awarded ₹10 lakh compensation, and directed the RBI to take effective steps to secure genuine compliance with its recovery guidelines by NBFCs and banks.","jurisdiction":"India","source_url":"https://www.livelaw.in/supreme-court/financiers-cannot-repossess-vehicles-by-force-supreme-court-awards-rs-10-lakh-compensation-to-truck-owner-550357","source_title":"Financiers Cannot Repossess Vehicles By Force : Supreme Court Awards Rs 10 Lakh Compensation To Truck Owner (LiveLaw, 16 Sep 2026)","source_kind":"court-report","added_on":"2026-10-08"},{"id":"2026-09-10-telangana-police-vardhan-loan-app","date":"2026-09-10","authority":"Telangana Police","group":"Police","action":"FIR registered","entity":"Vardhan (loan app)","amount_inr":null,"legal_footing":"Allegation","summary":"Telangana police registered a case against unidentified people claiming to represent the 'Vardhan' loan app who allegedly harassed a woman over a relative's loan and sent her morphed images.","jurisdiction":"Medchal-Malkajgiri, Telangana","source_url":"https://www.deccanchronicle.com/southern-states/telangana/loan-app-harassment-case-filed-in-boduppal-1986246","source_title":"Loan App Harassment Case Filed In Boduppal (Deccan Chronicle, 10 Sep 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-09-04-rbi-hinduja-leyland-finance","date":"2026-09-04","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Hinduja Leyland Finance Limited","amount_inr":620000,"legal_footing":"Regulator's finding","summary":"RBI said Hinduja Leyland Finance Limited did not put in place a Board-approved policy on pricing of microfinance loans, in breach of its directions on Pricing of Microfinance Loans, and other lapses, and imposed a penalty of ₹6.20 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63527","source_title":"RBI imposes monetary penalty on Hinduja Leyland Finance Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-09-01-noida-police-loan-app-extortion","date":"2026-09-01","authority":"Noida Cyber Crime Police","group":"Police","action":"Arrests","entity":"Unnamed loan-app extortion network","amount_inr":null,"legal_footing":"Allegation","summary":"Noida cyber crime police said they arrested six people in Sector 141 who allegedly targeted borrowers of private loan apps through video calls and edited obscene images, threatening to send them to relatives and routing extorted money through UPI, QR codes and mule accounts; police put the total at about ₹25 lakh.","jurisdiction":"Noida, Uttar Pradesh","source_url":"https://www.etvbharat.com/hi/state/loan-app-gang-blackmailing-victims-with-obscene-photos-busted-in-noida-six-cybercriminals-arrested-dls26090108161","source_title":"नोएडा में अश्लील फोटो से ब्लैकमेल करने वाले लोन ऐप गिरोह का भंडाफोड़, 6 साइबर अपराधी गिरफ्तार (ETV Bharat, 1 Sep 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-08-19-i4c-three-loan-apps","date":"2026-08-19","authority":"I4C, Ministry of Home Affairs","group":"Government","action":"Apps removed","entity":"Horizon Cash Service; Money Score Monitor; Zelicredit","amount_inr":null,"legal_footing":"Government action","summary":"MediaNama, citing Moneycontrol, reported that I4C issued a notice on 19 August under Section 79(3)(b) of the IT Act and Rule 3(1)(d) of the IT Rules, 2021 directing Google to disable access to three loan apps within three hours, and that Google complied.","jurisdiction":"India","source_url":"https://www.medianama.com/2026/08/223-government-i4c-malicious-loan-apps-google/","source_title":"Govt. Orders Google to Remove 3 Malicious Loan Apps (MediaNama, 26 Aug 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-08-07-i4c-six-loan-apps","date":"2026-08-07","authority":"I4C, Ministry of Home Affairs","group":"Government","action":"Apps removed","entity":"LoanOrbit; Hisab; Nexus Loan; One Fund; Credit Factor; Mobile Credit Prairie","amount_inr":null,"legal_footing":"Government action","summary":"Outlook Business, citing a notice reviewed by Moneycontrol, reported that I4C directed Google on 7 August to remove six loan apps from the Play Store within three hours and that the apps had been taken down by 12 August.","jurisdiction":"India","source_url":"https://www.outlookbusiness.com/news/i4c-flags-six-loan-apps-for-harvesting-user-data-orders-google-takes-them-down","source_title":"I4C Flags Six Loan Apps for Harvesting User Data, Orders Google Takes Them Down (Outlook Business, 12 Aug 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-08-07-rbi-infinity-fincorp-solutions","date":"2026-08-07","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Infinity Fincorp Solutions Private Limited","amount_inr":540000,"legal_footing":"Regulator's finding","summary":"RBI said Infinity Fincorp Solutions Private Limited did not disclose in its application forms and sanction letters its approach to risk gradation and its rationale for charging different interest rates to different categories of borrowers, in breach of its Fair Practice Code directions, and other lapses, and imposed a penalty of ₹5.40 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63319","source_title":"RBI imposes monetary penalty on Infinity Fincorp Solutions Private Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-07-21-i4c-five-loan-apps","date":"2026-07-21","authority":"I4C, Ministry of Home Affairs","group":"Government","action":"Apps removed","entity":"Five loan apps on Google Play (not named in the report)","amount_inr":null,"legal_footing":"Government action","summary":"The Week reported that I4C issued a notice dated 21 July directing Google to remove and disable access to five allegedly malicious loan apps on the Play Store within three hours.","jurisdiction":"India","source_url":"https://www.theweek.in/news/sci-tech/2026/08/17/digital-lending-cybercrime-loans.html","source_title":"Quick loans, hidden trap: Centre asks Google to take down five malicious loan apps (The Week, 17 Aug 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-07-08-nagpur-police-mast-money","date":"2026-07-08","authority":"Nagpur Cyber Police","group":"Police","action":"Arrests","entity":"Mast Money","amount_inr":null,"legal_footing":"Allegation","summary":"Nagpur cyber police said they arrested a person in Bhopal alleged to have developed the 'Mast Money' loan app, which police said took borrowers' phone data and was used to threaten them into paying far more than they borrowed; police estimated losses at about ₹200 crore.","jurisdiction":"Nagpur, Maharashtra","source_url":"https://www.aajtak.in/india/maharashtra/story/money-loan-app-fraud-200-crore-scam-bhopal-software-engineer-arrested-by-nagpur-cyber-police-lcla-strc-2597448-2026-07-09","source_title":"ठगी करना इतना आसान है? मोबाइल ऐप बनाया, लोन का ऑफर दिया और कर दिया 200 करोड़ का खेल (Aaj Tak, 9 Jul 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-07-03-rbi-bank-of-baroda","date":"2026-07-03","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Bank of Baroda","amount_inr":6360000,"legal_footing":"Regulator's finding","summary":"RBI said Bank of Baroda collected interest higher than the contracted rate in certain loan accounts, in breach of its Fair Practices Code for Lenders directions, and other lapses, and imposed a penalty of ₹63.60 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63082","source_title":"Reserve Bank of India imposes monetary penalty on Bank of Baroda","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-06-19-rbi-can-fin-homes","date":"2026-06-19","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Can Fin Homes Limited","amount_inr":270000,"legal_footing":"Regulator's finding","summary":"RBI said Can Fin Homes Limited did not clearly indicate the split between interest and principal in loan instalments collected from borrowers, in breach of its Fair Practices Code directions, and imposed a penalty of ₹2.70 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=62977","source_title":"RBI imposes monetary penalty on Can Fin Homes Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-06-19-rbi-five-star-business-finance","date":"2026-06-19","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Five Star Business Finance Limited","amount_inr":620000,"legal_footing":"Regulator's finding","summary":"RBI said Five Star Business Finance Limited did not disclose in its application forms and sanction letters its approach to risk gradation and its rationale for charging different interest rates to different categories of borrowers, in breach of its Fair Practice Code directions, and other lapses, and imposed a penalty of ₹6.20 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=62979","source_title":"RBI imposes monetary penalty on Five Star Business Finance Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-06-12-kerala-police-instapay","date":"2026-06-12","authority":"Kerala Police","group":"Police","action":"Arrests","entity":"InstaPay","amount_inr":null,"legal_footing":"Allegation","summary":"Kerala Police's Crime Branch (Kannur) said it arrested a telecaller who allegedly worked for the digital lending platform InstaPay and repeatedly pressed a student to repay a ₹15,000 loan, taking the number arrested in the case to four.","jurisdiction":"Kannur, Kerala","source_url":"https://www.onmanorama.com/news/kerala/2026/06/12/dental-student-s-suicide-loan-app-agent-held-in-noida-high-court-reserves-order-on-dr-ram-s-bail-plea.html","source_title":"Dental student's suicide: Loan app agent held in Noida; HC reserves order on Dr Ram's bail plea (Onmanorama, 12 Jun 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-06-12-rbi-repco-home-finance","date":"2026-06-12","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Repco Home Finance Limited","amount_inr":70000,"legal_footing":"Regulator's finding","summary":"RBI said Repco Home Finance Limited did not disclose in its application forms and sanction letters its approach to risk gradation and its rationale for charging different interest rates to different categories of borrowers, in breach of its Fair Practice Code directions, and imposed a penalty of ₹70,000.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=62924","source_title":"RBI imposes monetary penalty on Repco Home Finance Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-06-10-rajgarh-police-loan-app-network","date":"2026-06-10","authority":"Rajgarh Police, Madhya Pradesh","group":"Police","action":"Arrests","entity":"Unnamed loan-app network","amount_inr":null,"legal_footing":"Allegation","summary":"Rajgarh police said they arrested four people in Amethi, Uttar Pradesh, from an interstate gang that allegedly promoted fake loan apps, took users' contacts and photos, sent morphed images and posed as recovery agents to extort payments, which were converted to USDT.","jurisdiction":"Rajgarh, Madhya Pradesh","source_url":"https://www.amarujala.com/madhya-pradesh/rajgarh/blackmailing-using-fake-loan-app-exposed-in-rajgarh-four-accused-arrested-from-amethi-rajgarh-news-c-1-1-noi1454-4380685-2026-06-10","source_title":"Rajgarh: फर्जी लोन ऐप से ब्लैकमेलिंग करने वाले अंतर्राज्यीय साइबर गिरोह का किया पर्दाफाश, यूपी से गिरफ्तारी (Amar Ujala, 10 Jun 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-05-25-mumbai-police-loan-app-recovery-agents","date":"2026-05-25","authority":"Mumbai Police Crime Branch","group":"Police","action":"Arrests","entity":"Unnamed online loan apps","amount_inr":null,"legal_footing":"Allegation","summary":"Mumbai Police's Crime Branch Unit 2 said it arrested six people working for online loan apps after a bank employee complained of threats and abuse of his family over loan recoveries; a magistrate remanded them to police custody until 30 May.","jurisdiction":"Mumbai, Maharashtra","source_url":"https://www.freepressjournal.in/mumbai/mumbai-crime-branch-arrests-6-online-loan-app-recovery-agents-for-allegedly-threatening-bank-employee-and-family-court-remands-them-to-police-custody-until-may-30","source_title":"Mumbai Crime Branch Arrests 6 Online Loan App Recovery Agents For Allegedly Threatening Bank Employee And Family; Court Remands Them To Police Custody Until May 30 (Free Press Journal, 27 May 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-05-22-rbi-city-union-bank","date":"2026-05-22","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"City Union Bank Limited","amount_inr":1010000,"legal_footing":"Regulator's finding","summary":"RBI said City Union Bank Limited levied loan-related charges on certain agriculture priority sector loans of up to ₹25,000, in breach of its directions on priority sector loan accounts, and other lapses, and imposed a penalty of ₹10.10 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=62793","source_title":"RBI imposes monetary penalty on City Union Bank Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-05-15-rbi-iifl-finance","date":"2026-05-15","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"IIFL Finance Limited","amount_inr":310000,"legal_footing":"Regulator's finding","summary":"RBI said IIFL Finance Limited did not pay certain borrowers the surplus realised from auctions of their pledged gold over and above the loan outstanding, in breach of its Scale Based Regulation Directions, 2023, and imposed a penalty of ₹3.10 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=62745","source_title":"RBI imposes monetary penalty on IIFL Finance Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-04-24-rbi-muthoot-housing-finance","date":"2026-04-24","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Muthoot Housing Finance Company Limited","amount_inr":80000,"legal_footing":"Regulator's finding","summary":"RBI said Muthoot Housing Finance Company Limited did not disclose in its application forms and sanction letters its approach to risk gradation and its rationale for charging different interest rates to different categories of borrowers, in breach of its Fair Practice Code directions, and imposed a penalty of ₹80,000.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=62617","source_title":"RBI imposes monetary penalty on Muthoot Housing Finance Company Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-04-17-kerala-police-instant-funds-insta-pay","date":"2026-04-17","authority":"Kerala Police","group":"Police","action":"Arrests","entity":"Instant Funds; Insta Pay app","amount_inr":null,"legal_footing":"Allegation","summary":"Kerala Police (Chakkarakkal station, Kannur) said they arrested three people allegedly associated with 'Instant Funds', whose 'Insta Pay' app police said lent a student ₹15,000 at 36% interest and then repeatedly pressed him to repay.","jurisdiction":"Kannur, Kerala","source_url":"https://www.onmanorama.com/news/kerala/2026/04/18/loan-app-fraud-kannur-arrests-nithin-raj-suicide-remand.html","source_title":"Kerala BDS student death: Three arrested in loan app fraud case from Noida, remanded (Onmanorama, 18 Apr 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-04-09-delhi-police-loan-app-syndicate","date":"2026-04-09","authority":"Delhi Police","group":"Police","action":"Arrests","entity":"Unnamed loan-app network","amount_inr":null,"legal_footing":"Allegation","summary":"Delhi Police said they arrested six people allegedly linked to a transnational syndicate that used fake loan apps to obtain victims' phone data, threatened them with morphed images to force inflated repayments, and routed the money through mule accounts and cryptocurrency.","jurisdiction":"Delhi","source_url":"https://theprint.in/india/delhi-police-bust-transnational-fake-loan-app-racket-6-held/2900851/","source_title":"Delhi Police bust transnational fake loan app racket; 6 held (PTI via ThePrint, 9 Apr 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-04-02-uttarakhand-high-court-indostar-capital","date":"2026-04-02","authority":"Uttarakhand High Court","group":"Courts","action":"Court order","entity":"Indostar Capital Finance Limited","amount_inr":null,"legal_footing":"Court order","summary":"The Uttarakhand High Court held that an NBFC's repossession or attempted repossession of two transporters' financed vehicles through coercive means without due process was illegal and violated Articles 14, 19(1)(g) and 21, ordered the vehicles restored, and said RBI recovery guidelines are binding rather than advisory.","jurisdiction":"Uttarakhand","source_url":"https://www.livelaw.in/high-court/uttarakhand-high-court/uttarakhand-high-court-forcible-repossession-vehicles-nbfc-recovery-agents-violative-531965","source_title":"Forcible Repossession Of Vehicles By NBFC Through Recovery Agents Violates Constitutional Protections: Uttarakhand HC (LiveLaw, 28 Apr 2026)","source_kind":"court-report","added_on":"2026-10-08"},{"id":"2026-03-30-i4c-six-loan-apps","date":"2026-03-30","authority":"I4C, Ministry of Home Affairs","group":"Government","action":"Apps removed","entity":"Six loan apps identified by package name: com.line.flex.credit.line; oi.bottalk.ctara; com.credit.path.service.customers.tech.app; com.ganeshfast.personal.loan.app; com.lakhvad.ankganit.app; com.jackloans.potpro","amount_inr":null,"legal_footing":"Government action","summary":"The Week reported that I4C issued a notice dated 30 March directing Google to disable access to six allegedly malicious loan apps on the Play Store within 36 hours, invoking the IT Act, 2000 and the Bharatiya Nyaya Sanhita, 2023.","jurisdiction":"India","source_url":"https://www.theweek.in/news/biz-tech/2026/05/12/digital-loan-app-scams-crackdown.html","source_title":"Will Centre's takedown of six loan apps help curb predatory quick-cash platforms? (The Week, 12 May 2026)","source_kind":"press-report","added_on":"2026-10-08"},{"id":"2026-03-27-rbi-bank-of-india","date":"2026-03-27","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Bank of India","amount_inr":5850000,"legal_footing":"Regulator's finding","summary":"RBI said Bank of India collected ad-hoc service, inspection or processing charges in certain priority sector loan accounts with sanctioned amounts up to ₹25,000, in breach of its Priority Sector Lending directions, and other lapses, and imposed a penalty of ₹58.50 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=62451","source_title":"RBI imposes monetary penalty on Bank of India","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-02-27-rbi-mahindra-mahindra-financial-services","date":"2026-02-27","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Mahindra & Mahindra Financial Services Limited","amount_inr":1150000,"legal_footing":"Regulator's finding","summary":"RBI said Mahindra & Mahindra Financial Services Limited levied revised foreclosure charges on certain borrower accounts without a suitable condition in their loan agreements, in breach of its Fair Practices Code directions, and other lapses, and imposed a penalty of ₹11.50 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=62308","source_title":"RBI imposes monetary penalty on Mahindra & Mahindra Financial Services Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-02-26-rbi-vita-merchants-co-operative-bank","date":"2026-02-26","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Vita Merchants’ Co-operative Bank Ltd.","amount_inr":310000,"legal_footing":"Regulator's finding","summary":"RBI said Vita Merchants’ Co-operative Bank Ltd. did not communicate the levy of penal charges, and the reasons for them, to certain borrowers, in breach of its directions on Fair Lending Practice - Penal Charges in Loan Accounts, and other lapses, and imposed a penalty of ₹3.10 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=62289","source_title":"RBI imposes monetary penalty on Vita Merchants’ Co-operative Bank Ltd., Vita, Maharashtra","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-02-13-rbi-navi-finserv","date":"2026-02-13","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Navi Finserv Limited","amount_inr":380000,"legal_footing":"Regulator's finding","summary":"RBI said Navi Finserv Limited contacted customers before 8:00 a.m. and after 7:00 p.m. to recover overdue loans and did not follow the due protocol when sending messages to customers, in breach of its directions on Recovery Agents, and imposed a penalty of ₹3.80 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=62229","source_title":"RBI imposes monetary penalty on Navi Finserv Limited","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-02-12-karnataka-commission-standard-chartered","date":"2026-02-12","authority":"Karnataka State Consumer Commission","group":"Courts","action":"Consumer commission order","entity":"Standard Chartered Bank; Shaha Finlease Pvt. Ltd.","amount_inr":500000,"legal_footing":"Court order","summary":"The Karnataka State Consumer Commission held that a demand for about ₹33.83 lakh on a credit card account closed in 2010, pursued through notices, calls and messages, was an unfair trade practice, and raised the compensation payable by the two opposite parties, which did not appear, to ₹5 lakh.","jurisdiction":"Bengaluru, Karnataka","source_url":"https://www.livelaw.in/consumer-cases/standard-chartered-bank-to-pay-5-lakh-compensation-for-harassing-consumer-with-33-lakh-demand-after-credit-card-closure-karnataka-state-commission-525542","source_title":"Standard Chartered Bank To Pay ₹5 Lakh Compensation For Harassing Consumer With ₹33 Lakh Demand After Credit Card Closure: Karnataka State Commission (LiveLaw, 7 Mar 2026)","source_kind":"court-report","added_on":"2026-10-08"},{"id":"2026-01-08-rbi-pinnacle-capital-solutions","date":"2026-01-08","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Pinnacle Capital Solutions Private Limited","amount_inr":100000,"legal_footing":"Regulator's finding","summary":"RBI said Pinnacle Capital Solutions Private Limited obtained a default loss guarantee from a lending service provider that exceeded five per cent of its outstanding loan portfolio, in breach of its directions on Default Loss Guarantee in Digital Lending, and imposed a penalty of ₹1 lakh.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=61999","source_title":"RBI imposes monetary penalty on Pinnacle Capital Solutions Private Limited, Jharkhand","source_kind":"regulator-release","added_on":"2026-10-08"},{"id":"2026-01-07-delhi-high-court-digital-lending-pil","date":"2026-01-07","authority":"Delhi High Court","group":"Courts","action":"Court order","entity":"Reserve Bank of India (respondent)","amount_inr":null,"legal_footing":"Court order","summary":"The Delhi High Court, hearing a public-interest petition on borrowers' data protection by digital lending apps, issued notice and directed RBI to file an affidavit within six weeks setting out the action taken to enforce its Digital Lending Directions, 2025 and against entities found in violation.","jurisdiction":"Delhi","source_url":"https://delhihighcourt.nic.in/app/showlogo/1767863785_01a30ed0cb7103ce_683_1182026.pdf/2026","source_title":"Delhi High Court, W.P.(C) 118/2026, order dated 07.01.2026 (Division Bench of the Chief Justice)","source_kind":"court-order","added_on":"2026-10-08"},{"id":"2026-01-05-rbi-shaha-finlease","date":"2026-01-05","authority":"RBI","group":"RBI","action":"Monetary penalty","entity":"Shaha Finlease Private Limited","amount_inr":10000,"legal_footing":"Regulator's finding","summary":"RBI said Shaha Finlease Private Limited failed to put in place a system for periodic review of its compliance with the Fair Practices Code, and imposed a penalty of ₹10,000.","jurisdiction":"India","source_url":"https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=61969","source_title":"RBI imposes monetary penalty on Shaha Finlease Private Limited, Mumbai","source_kind":"regulator-release","added_on":"2026-10-08"}]}