Regulatory Alerts2026-08-14
Added
Reserve Bank of India imposes monetary penalty on IndusInd Bank Limited
The Reserve Bank of India imposed a monetary penalty of ₹59.20 lakh on IndusInd Bank Limited for non-compliance with directions on interest rates on deposits and securitisation of standard assets. The penalty follows supervisory findings that the bank paid interest on certain current accounts and engaged in synthetic securitisation activities. This action is based on deficiencies in regulatory compliance and is without prejudice to any other action that may be initiated by the Reserve Bank of India against the bank.
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