PRIMARYRBI Press Releases·11 Sept 2026negative

RBI imposes monetary penalty on Asset Care & Reconstruction Enterprise Limited

AI Summary

·RBI imposed a penalty of ₹27.30 lakh on Asset Care & Reconstruction Enterprise Limited.
·The penalty is for non-compliance with RBI's directions on 'Income Recognition'.
·The inspection was conducted with reference to the company's financial position as on March 31, 2025.