1. Commercial Banks – Amendment Directions Applicable Entities: All Scheduled Commercial Banks (excluding RRBs). Specific Changes Required: Acquisition Finance: New framework allowing banks to fund Indian non-financial companies for strategic equity acquisitions (up to 75% of value). Bridge Finance: Permitted for an interim period (max 1 year) with a firm repayment plan via equity or […]
1) IIFL Finance Limited The Reserve Bank of India (RBI) imposed a monetary penalty on IIFL Finance Limited following a statutory inspection evaluated against the company’s financial position as of March 31, 2024. The compliance breakdown is outlined below. Key Details Entity Name IIFL Finance Limited Penalty Amount ₹5.30 lakh (Rupees Five Lakh Thirty Thousand
The Reserve Bank of India (RBI) imposed a monetary penalty on DCB Bank Limited. The action follows the Statutory Inspection for Supervisory Evaluation (ISE 2025) of the bank, which was conducted by the RBI with reference to its financial position as on March 31, 2025. The detailed breakdown of the compliance failures and subsequent insights
The Reserve Bank of India (RBI) has imposed a monetary penalty on Bank of Maharashtra following the Statutory Inspection for Supervisory Evaluation (ISE 2025). This statutory inspection was conducted with reference to the bank’s financial position as on March 31, 2025. The detailed breakdown of the compliance failures and subsequent insights are outlined below. Key
The Reserve Bank of India (RBI) imposed a monetary penalty on CSB Bank Limited following the Statutory Inspection for Supervisory Evaluation (ISE 2025), which was conducted with reference to the bank’s financial position as of March 31, 2025. The detailed compliance breakdown is outlined below. Key Details Bank Name CSB Bank Limited Penalty Amount ₹63.60
1. Key Incident Details Bank Name The Berhampur Co-operative Urban Bank Limited, Odisha Penalty Amount ₹2.00 Lakh Order Date February 11, 2026 Reference Inspection Financial position as on March 31, 2025 Regulatory Violation Non-compliance with ‘Exposure Norms and Statutory/Other Restrictions for UCBs’. Specifically, breaching prudential inter-bank (gross) exposure limits and inter-bank counter-party limits. 2. Root
Executive Summary The Reserve Bank of India has cancelled the Certificate of Registration (CoR) of seven Non-Banking Financial Companies (NBFCs) based in Kolkata. This action was taken under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Following this cancellation, these companies are prohibited from transacting the business of a Non-Banking Financial Institution
1. Executive Summary The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of eight Non-Banking Financial Companies (NBFCs) following their voluntary surrender of the same. This action was executed under Section 45-IA (6) of the Reserve Bank of India Act, 1934. The cancellations are categorized into three distinct regulatory scenarios: voluntary
Source: RBI Press Release 2025-2026/2074 Date Issued: February 09, 2026 Effective Date: April 01, 2026 1. Applicable Entities These directions modify the Master Direction – Lending to Micro, Small & Medium Enterprises (MSME) Sector (Updated as on July 23, 2025). Consequently, the amendments are applicable to: All Scheduled Commercial Banks (SCBs) Small Finance Banks (SFBs)
1. Executive Summary The Reserve Bank of India (RBI) has imposed a monetary penalty on Bharat Co-operative Bank (Mumbai) Limited for non-compliance with specific regulatory directions. This action follows a statutory inspection based on the bank’s financial position as of March 31, 2025. Penalty Amount ₹15 Lakh (Rupees Fifteen Lakh) Date of Order February 6,
