Dhani Loans and Services Limited

RBI imposed a monetary penalty of Rs 2.70 lakh on Dhani Loans and Services Limited for non-compliance with asset classification directions. The company failed to classify certain loan accounts as NPAs.

The company must bear the monetary penalty, and the finding remains on record as a supervisory compliance lapse. RBI also stated that the penalty is without prejudice to any other action it may initiate against the company.

• section 58G(1)(b) read with section 58B(5)(aa) of the Reserve Bank of India Act, 1934

RBI imposed a ₹20 lakh penalty on Dhani Loans and Services Limited for KYC non-compliance. The company was found deficient in digital KYC photo capture requirements and in allotting UCICs to customers.

The company must absorb the penalty and ensure future compliance with RBI KYC requirements, especially digital KYC photo-capture standards and UCIC allocation. No customer contracts are invalidated by this order, but the compliance lapse is formally recorded and may affect supervisory scrutiny going forward.

• clause (b) of sub-section (1) of Section 58G
• clause (aa) of sub-section (5) of Section 58B of the Reserve Bank of India Act, 1934

RBI imposed a monetary penalty on Dhani Loans and Services Limited, Gurugram for KYC non-compliance. The company was found deficient in risk-based customer categorization.

The company must absorb the monetary penalty and continue complying with RBI KYC requirements, especially risk-based customer categorization. The action has no stated operational restriction, but it signals continued supervisory scrutiny of the company’s compliance controls.

• clause (b) of sub-section (1) of section 58 G read with clause (aa) of sub-section (5) of section 58 B of the Reserve Bank of India Act, 1934