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PRIMARYRBI Press Releases·neutral
Reserve Bank of India imposes monetary penalty on IndusInd Bank Limited
AI Summary
- ·The Reserve Bank of India has imposed a penalty of ₹59.20 lakh on IndusInd Bank Limited.
- ·The penalty is for non-compliance with RBI directions on 'Interest Rate on Deposits' and 'Securitisation of Standard Assets'.
- ·The inspection related to the bank's financial position as of March 31, 2025.