Arunachal Pradesh Rural Bank

RBI imposed a ₹14 lakh penalty on Arunachal Pradesh Rural Bank for regulatory non-compliance. The issues involved asset classification/NPA recognition and KYC-related UCIC duplication.

The bank must absorb the monetary penalty and address the underlying compliance gaps in loan classification and KYC/UCIC processes. The release does not describe an operational restriction, but it signals possible further regulatory action if deficiencies persist.

• section 47A(1)(c) read with sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949

RBI imposed a Rs 42 lakh penalty on Arunachal Pradesh Rural Bank for non-compliance with prudential and IRAC norms. The lapses included exposure-limit breaches and failure to classify some loans as NPAs.

The bank must bear the monetary penalty, but the release does not describe any operational restriction on its business. The action is backward-looking and compliance-focused, with no stated direct impact on depositors or borrowers beyond the regulatory finding.

• section 47A(1)(c) read with section 46(4)(i) and Section 51(1) of the Banking Regulation Act, 1949