1. Key Details of the Penalty Bank: Bandhan Bank Limited. Penalty Amount: ₹41.80 Lakh (Rupees Forty-One Lakh Eighty Thousand only). Date of Order: April 21, 2026. Inspection Reference: Statutory Inspection for Supervisory Evaluation (ISE) as of March 31, 2025. Nature of Violations: KYC Non-compliance: Failure to carry out periodic reviews of risk categorization for certain […]
■ Key Details & Timeline The Reserve Bank of India (RBI) has issued an order dated April 24, 2026, revoking the banking licence of Paytm Payments Bank Limited. The entity is immediately prohibited from conducting any “banking” business as defined under Section 5(b) or any additional business under Section 6 of the Banking Regulation (BR)
RBI Regulatory Update: Reporting Instructions for AD Category-I Banks Executive Summary To enhance transparency, improve price discovery, and curb speculative activity in the foreign exchange market, the Reserve Bank of India (RBI) has mandated that all offshore Rupee (INR) derivative trades executed globally by related parties of Indian banks must be brought into the domestic
On April 27, 2026, the Reserve Bank of India (RBI) issued the final Master Directions on the Standardised Approach for calculating Capital Charge for Credit Risk. These guidelines align the Indian banking sector with international Basel III standards, enhancing the robustness, granularity, and risk sensitivity of capital requirements. The regulations aim to ensure that the
Management Report: RBI Directions on Asset Classification, Provisioning, and Income Recognition Executive Summary The Reserve Bank of India (RBI) has issued the finalized Master Directions on Asset Classification, Provisioning, and Income Recognition, marking a fundamental shift from an incurred-loss model to an Expected Credit Loss (ECL) framework. The guidelines mandate a 3-stage asset classification, transition
Date of Issue: April 22, 2026 | Public Feedback Deadline: May 22, 2026 1. Applicable Entities The guidelines under this Draft Master Direction are applicable to the following entities operating within the digital payment ecosystem: Bank PPI Issuers: Scheduled Commercial Banks and other banking entities permitted by the RBI to issue digital wallets and prepaid
1. Dr. Babasaheb Ambedkar Nagari Sahakari Bank Ltd., Aurangabad Key Details Penalty Imposed: ₹80,000 Order Date: April 17, 2026 Inspection Reference: Financial position as on March 31, 2025. Violation: Non-compliance with ‘Exposure Norms & Statutory/Other Restrictions – UCBs’ and Supervisory Action Framework (SAF). Specific Failures: Failed to adhere to prescribed regulatory ceilings on certain advances
1. Executive Summary On April 21, 2026, the Reserve Bank of India (RBI) issued consolidated directions regarding the E-mandate framework for digital payments. The update standardizes the processing of recurring online transactions, enhancing consumer protection through mandatory Additional Factor of Authentication (AFA), flexible mandate controls, and revised transaction limits. This report outlines the changes and
1. Executive Summary The Reserve Bank of India (RBI) has issued the final Reserve Bank of India (Non-Banking Financial Companies – Branch Authorisation) Amendment Directions, 2026. The primary objective is to facilitate the “ease of doing business” by providing operational flexibility for branch expansion while ensuring systemic compliance. Consequential updates have also been made to
1. Key Details Entity: The Himachal Pradesh State Co-operative Bank Ltd. Penalty Amount: ₹7,50,000/- (Rupees Seven Lakh Fifty Thousand only) Order Date: April 10, 2026 Inspecting Authority: NABARD (Based on financial position as of March 31, 2025) Applicable Law: Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949. Core Violation:
