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NotificationRBIFriday, 11 September 2026NEW

RBI imposes monetary penalty on Asset Care & Reconstruction Enterprise Limited

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Official government notification — a formal executive order that operationalises policy decisions. Carries legal weight and specifies rules, dates, exemptions, or procedural requirements.

Summary

The Reserve Bank of India (RBI) has, by an order dated September 08, 2026, imposed a monetary penalty of ₹27.30 lakh (Rupees Twenty Seven Lakh Thirty Thousand only) on Asset Care & Reconstruction Enterprise Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on ‘Income Recognition’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 12 read with section 30A(1) of the Securitisatio

Key Facts

TypeNotification
SourceReserve Bank of India
PublishedFriday, 11 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs

Key Numbers

GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
500 GW non-fossil fuel capacity target by 2030

Key Authorities

Ministry of FinanceRBISEBIDEAMinistry of Power

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsPower ConsumersDISCOMsCoal Industry

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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