IndusInd Bank has been penalized ₹59.20 lakh by the Reserve Bank of India (RBI). The penalty was imposed for non-compliance with certain directions issued by the RBI concerning ‘Interest Rate on Deposits’ and ‘Securitisation of Standard Assets’. The bank has disclosed this information as per SEBI Listing Regulations, stating the details of the action taken and its nature.
IndusInd Bank Receives RBI Penalty
IndusInd Bank announced on August 14, 2026, that it has been levied a penalty of ₹59.20 lakh by the Reserve Bank of India (RBI). This action stems from the bank’s non-compliance with specific directives issued by the RBI. The RBI’s directive pertained to the bank’s practices related to ‘Interest Rate on Deposits’ and ‘Securitisation of Standard Assets’.
Details of the Regulatory Action
The penalty has been imposed by the RBI in exercise of the powers vested under Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949. The bank confirmed that it received the direction or order from the RBI on August 14, 2026. The violation specifically involves non-adherence to certain provisions of the RBI’s directions on the aforementioned subjects.
Impact and Disclosure
The immediate financial impact of this penalty is quantified at ₹59.20 lakh. IndusInd Bank has made this intimation public as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank has also uploaded this disclosure on its official website, www.indusind.bank.in.
Source: BSE
