Tracker
RBI penalties on banks and NBFCs
Every monetary penalty the Reserve Bank of India has announced on a bank, NBFC or other regulated firm since 3 Aug 2026, read from its press releases as they are published. Each row links to the RBI’s order.
September 2026
₹3.10 lakh
Hero Fincorp Limited
Non-compliance with: Fair Practices Code for Lenders – Charging of Interest
₹10 lakh
Jilla Sahakari Bank Ltd., Azamgarh, Uttar Pradesh
Non-compliance with: Membership of Credit Information Companies (CICs) by Co-operative Banks · Know Your Customer (KYC)
₹1.15 lakh
Asset Care & Reconstruction Enterprise Limited
Non-compliance with: Income Recognition
₹27.30 lakh
Hinduja Leyland Finance Limited
Non-compliance with: Pricing of Microfinance Loans · Securitisation of Standard Assets
₹6.20 lakh
August 2026
TransUnion CIBIL Limited
Non-compliance with: Framework for compensation to customers for delayed updation/ rectification of credit information
₹26,82,800
CRIF High Mark Credit Information Services Private Limited
Non-compliance with: Framework for compensation to customers for delayed updation/ rectification of credit information
₹6,89,600
Sammaan Finserve Limited
Non-compliance with: Early Recognition of Stress and Reporting to Central Repository of Information on Large Credits (CRILC)
₹4.20 lakh
Equifax Credit Information Services Private Limited
Non-compliance with: Framework for compensation to customers for delayed updation / rectification of credit information
₹1,19,400
Jai Bhawani Sahakari Bank Ltd., Pune
Non-compliance with: Membership of Credit Information Companies (CICs) by Co-operative Banks · Know Your Customer (KYC)
₹2.03 lakh
The Mumbai District Central Co-operative Bank Ltd., Maharashtra
Non-compliance with certain directions issued by RBI on Know Your Customer (KYC)
₹20,000
Jalna District Central Co-operative Bank Ltd., Maharashtra
Non-compliance with: Membership of Credit Information Companies (CICs) by Co-operative Banks · Know Your Customer (KYC)
₹50,000
Shri Vijay Mahantesh Co-operative Bank Limited, Hungund, Karnataka
Non-compliance with: Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs · Loans and advances to directors, their relatives, and firms / concerns in which they are interested
₹2.50 lakh
The Pragathi Co-operative Bank Limited, Karnataka
₹2 lakh
Vikas Souharda Co-operative Bank Limited, Hosapete, Karnataka
Non-compliance with: Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs
₹1 lakh
Progfin Private Limited
Non-compliance with: Reserve Bank of India (Know Your Customer (KYC)) Directions
₹2.70 lakh
Shri Ram Finance Corporation Private Limited
Non-compliance with: Governance · Reserve Bank of India (Know Your Customer (KYC)) Directions
₹8.10 lakh
₹3.10 lakh
IndusInd Bank Limited
Non-compliance with: Interest Rate on Deposits · Securitisation of Standard Assets
₹59.20 lakh
Northern Arc Capital Limited
Non-compliance with: Disclosures in Financial Statements - Notes to Accounts · Internal Ombudsman for Regulated Entities
₹6.20 lakh
Fusion Finance Limited
Non-compliance with: Reserve Bank of India (Know Your Customer (KYC)) Directions
₹2.70 lakh
Jilla Sahakari Kendriya Bank Maryadit, Bhind, Madhya Pradesh
Contravention of the provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act)
₹2.50 lakh
Valuefin India Credit Services Private Limited
Non-compliance with: Acquisition of Shareholding or Control
₹1.80 lakh
The Amravati District Central Co-operative Bank Ltd., Maharashtra
Non-compliance with: Know Your Customer (KYC) · Ensuring Reasonableness of Bank Charges and Charges Levied for Sending SMS Alerts
₹50,000
Infinity Fincorp Solutions Private Limited
Non-compliance with: Reserve Bank of India (Know Your Customer (KYC)) Directions · Fair Practice Code
₹5.40 lakh
Utsav Securities Limited
Non-compliance with: Governance · Submission of data to Credit Information Companies (CICs)
₹3.90 lakh
Namdev Finvest Limited
Non-compliance with: Reserve Bank of India (Know Your Customer (KYC)) Directions
₹2.70 lakh
Kedarnath Urban Co-operative Bank Ltd., Latur, Maharashtra
Non-compliance with: Know Your Customer (KYC) · Supervisory Action Framework (SAF)
₹40,000
Our enforcement reporting
- RBI Cracks Down: Imposes ₹27.30 Lakh Penalty on ACRE for Management Fee Violations and ₹1.15 Lakh on Jilla Sahakari Bank
- IRDAI Slaps ₹1 Crore Penalty on IndusInd Bank as Test Run Exposes Non-Functional Grievance Portal
- IRDAI Slaps ₹1 Crore Penalty on ICICI Lombard Over Outsourcing Violations and Governance Lapses
- CBI Charge-Sheets 6 IAS Officers in ₹504 Crore IDFC First Bank and AU Small Finance Bank Treasury Diversion Case
- IRDAI Bars Niva Bupa and Acko General Insurance from Opening New Offices for Six Months
- ED Freezes ₹51.75 Crore in Bank Deposits in DHFL Probe Linked to UK Property Sale
- RBI Imposes Penalties on Three Karnataka Cooperative Banks for Director Loans, NPA Lapses, and Exposure Breaches
- RBI Imposes Penalties on Shri Ram Finance Corp and Progfin Over Governance and KYC Lapses
- IAS officer arrested in ₹60 Cr fund diversion case exposes banking compliance gaps
- RBI cancels Shree Mahalaxmi Urban Co-op Bank licence; 97.9% depositors covered
- RBI penalizes Canara Bank for KYC delays and account misclassification lapses
- ED arrests real estate businessman in ₹645 crore embezzlement case tied to banks
- ED arrests two IDFC First Bank managers in ₹645 Cr embezzlement probe
- RBI cancels Sarvodaya Co-operative Bank licence over capital shortfall
- DGGI arrests Fino Payments Bank MD over GST ITC discrepancies, raising CEO accountability questions
How this page is built
Each row comes from a Reserve Bank of India press release on rbi.org.in. We read the order date, the amount, the penalised entity and the rules it names, exactly as the RBI states them. Where a release does not follow that form we show its title and the link and nothing else. The earliest order here is dated 3 Aug 2026; releases from before our feed started keeping them are not included. We check the RBI’s feed every 30 minutes. When this page was built, on 17 September 2026, we matched the record against every RBI press release numbered 63270 to 63600 and none was missing. For the story behind an order, follow “Our story” where there is one, or see all our RBI coverage.
Free daily briefing
The day's money story, before the market opens
The same daily intelligence 30,000+ CXOs, DSAs and finance professionals follow on LinkedIn — with the Finsamudra take on what it means for lending.