Case Brief
By order dated August 14, 2026, RBI imposed a monetary penalty of Rs 59.20 lakh on IndusInd Bank Limited under the Banking Regulation Act, 1949. The penalty followed supervisory findings that the bank did not comply with RBI directions on ‘Interest Rate on Deposits’ and ‘Securitisation of Standard Assets’, specifically by paying interest on certain current accounts and undertaking activities in the nature of synthetic securitisation. RBI noted that the action is based on regulatory-compliance deficiencies and does not pronounce on the validity of customer transactions or agreements.
Action Snapshot
- Primary Impact
- Fine: Rs 59.2 L
- Entity Type
- Bank
- Action Type
- Monetary penalty