Deutsche Bank A.G

RBI imposed a ₹2 crore penalty on Deutsche Bank AG for non-compliance with certain provisions of its Interest Rate on Deposits Directions, 2016. The bank was penalized after inspection and a show-cause process confirmed the violation.

Deutsche Bank AG must absorb the financial penalty; the release does not describe any operational restriction or licence impact. The action is backward-looking and does not directly impose new conduct obligations beyond the penalized compliance lapse, though it signals RBI’s enforcement stance on adherence to deposit interest directions.

• Section 47 A (1) (c) read with 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.

RBI imposed a monetary penalty of ₹ 30.10 million on Deutsche Bank A.G. for regulatory non-compliance. The violations related to IRAC norms, KYC/AML norms, and disclosure of monetary penalties.

Deutsche Bank A.G. must absorb the monetary penalty and ensure stronger compliance with RBI's IRAC, KYC/AML, and disclosure requirements. The action does not itself restrict operations, but it signals regulatory scrutiny and the need for corrective compliance measures going forward.

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

RBI imposed monetary penalties on 22 banks for various KYC/AML and related compliance violations. The release also says seven other banks were only cautioned, not fined.

Each of the 22 named banks must bear the monetary penalty and face the compliance finding recorded by RBI. The action does not impose an ongoing operational restriction, but it signals supervisory concerns over KYC/AML and transaction-monitoring controls.

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

This RBI action affected 22 entities. This profile is linked as bulk member.

RBI imposed monetary penalties on 19 commercial banks for violating its derivatives-related instructions. The banks were found to have failed on due diligence, suitability checks, and related verification requirements.

Each of the 19 named banks must absorb the monetary penalty and address the compliance gaps identified by RBI. The action does not impose an ongoing operational restriction, but it signals scrutiny over derivatives sales, suitability checks, and underlying verification controls.

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

This RBI action affected 19 entities. This profile is linked as bulk member.