Deutsche Bank AG, India

RBI imposed a monetary penalty on Deutsche Bank AG, India under Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949 after supervisory inspection findings showed non-compliance with RBI directions on 'Creation of a Central Repository of Large Common Exposures-Across Banks' read with 'Central Repository of Information on Large Credits (CRILC) – Revision in Reporting'. The sustained charge was that the bank did not report credit information of certain borrowers to the Central Repository of Information on Large Credits (CRILC). RBI noted the action was based on regulatory compliance deficiencies and not on the validity of any transaction or agreement with customers.

Deutsche Bank AG, India must absorb the monetary penalty and ensure compliance with RBI’s CRILC reporting directions going forward. The order does not itself restrict operations, but it signals continued supervisory scrutiny over reporting compliance affecting RBI’s credit monitoring framework.