Bandhan Bank Ltd

RBI imposed a penalty of Rs 41.80 lakh on Bandhan Bank Limited for KYC-direction non-compliance and a Banking Regulation Act contravention. The bank was also found to have lapses in risk categorisation reviews and sanctioning director-related loans.

Bandhan Bank must absorb the monetary penalty and address the control weaknesses identified by RBI, particularly around KYC-related risk categorisation reviews and related-party lending controls. The action does not by itself withdraw any business permission, but it signals supervisory concern and may be followed by additional regulatory action if deficiencies persist.

• section 20(1)(b)(iii) of the Banking Regulation Act, 1949
• section 47 A (1) (c) read with section 46 (4) of the BR Act

RBI has imposed a monetary penalty of ₹44.70 lakh on Bandhan Bank Limited. The penalty relates to contravention of the Banking Regulation Act and non-compliance with RBI directions on automation of income recognition, asset classification and provisioning.

Bandhan Bank must absorb the ₹44.70 lakh penalty and address the compliance deficiencies identified by RBI. The order does not itself restrict current banking operations, but it leaves the bank exposed to any further action RBI may choose to initiate on the same issues.

• section 10(1)(b)(ii) of the Banking Regulation Act, 1949
• section 47 A (1) (c) read with section 46 (4) of the BR Act

RBI imposed a monetary penalty of Rs 29.55 lakh on Bandhan Bank Ltd. for non-compliance with deposit-related directions. The regulator sustained a charge relating to opening a savings deposit account of an ineligible entity.

Bandhan Bank Ltd. must absorb the monetary penalty and address the compliance shortcomings identified by RBI. The order does not itself impose an operating restriction, but it signals supervisory concerns and leaves the bank exposed to any further action RBI may initiate.

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

RBI imposed monetary penalties on fourteen banks for various compliance failures. The penalties ranged from Rs 50 lakh to Rs 1 crore.

All fourteen banks must absorb the monetary penalty and address the cited compliance weaknesses. The action has no stated direct effect on customer transactions, but it signals supervisory scrutiny of lending, exposure reporting, and statutory compliance practices.

• Section 19(2) of Banking Regulation Act, 1949
• Section 20 (1) of Banking Regulation Act, 1949
• section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949

This RBI action affected 14 entities. This profile is linked as primary.

RBI imposed a ₹1 crore penalty on Bandhan Bank Limited for violating its licensing conditions on promoter holding. The bank did not bring down the required Non-Operative Financial Holding Company stake within the stipulated time.

Bandhan Bank must absorb the monetary penalty; the release does not impose an operational restriction beyond the fine. The action is forward-looking only in the sense of financial cost and regulatory record, with no stated impact on depositors or borrowers.

• Section 47A(1)(c)
• Section 46(4)(i)
• section 22 of the Banking Regulation Act, 1949