India, July 17 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 2.70 lakh on Dhani Loans and Services Limited for non-compliance with RBI's asset classification norms.
The penalty follows a statutory inspection based on the company's financial position as of March 31, 2025. After examining the inspection findings and the company's response, the RBI concluded that the company had violated regulatory requirements.
According to the central bank, Dhani Loans and Services failed to classify certain loan accounts as Non-Performing Assets (NPAs) as required under RBI's asset classification guidelines.
The RBI clarified that the penalty pertains solely to regulatory compliance deficiencies and does not affect the validity...