DCB Bank Limited

RBI imposed a monetary penalty of Rs 29.60 lakh on DCB Bank Limited for non-compliance with directions on gold loans. The bank failed to maintain the prescribed LTV ratio in certain non-agricultural gold loan accounts.

DCB Bank must absorb the monetary penalty and remain subject to RBI supervisory oversight. The order does not itself impose an operational restriction on the bank, but it signals compliance deficiencies in its gold-loan operations and may expose it to further regulatory action.

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

RBI imposed a monetary penalty of Rs 63.6 lakh on DCB Bank Ltd. for non-compliance with interest-rate directions.

DCB Bank must absorb the monetary penalty and continue complying with RBI’s interest-rate directions going forward. The release does not describe any lending cap or business restriction, but it signals continued supervisory scrutiny and possible further RBI action if lapses persist.

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

RBI imposed a ₹22 lakh penalty on DCB Bank Ltd. for non-compliance with directions on marketing/distribution of mutual fund and insurance products by banks.

DCB Bank must absorb the monetary penalty, and the order serves as a regulatory censure for the identified compliance lapses. The release does not describe any business restriction or customer-facing operational ban; it is a financial penalty only.

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

RBI imposed monetary penalties on 36 banks for non-compliance with SWIFT-related operational control directions. The penalties were issued by orders dated January 31 and February 25, 2019.

The penalized banks must absorb the financial penalty and continue improving compliance with SWIFT-related controls. RBI also stated it will continue to closely monitor adherence to these controls on an ongoing basis; the action does not pronounce on the validity of customer transactions or agreements.

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

This RBI action affected 36 entities. This profile is linked as bulk member.