RBI Penalty on IndusInd Bank ⭐⭐

Penalty

₹59.20 lakh

Reason

Non-compliance involving:

1. Interest on certain current-account deposits.
2. Synthetic securitisation of standard assets.

Legal basis

Sections:

• 47A(1)(c)
• 46(4)(i)

of the Banking Regulation Act, 1949.

Inspection reference date

31 March 2025