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RBI imposes penalty of Rs 4.5 crore on IndusInd Bank

17 Oct 2020 Evaluate

Reserve Bank of India (RBI) has imposed monetary penalty of Rs 4.5 crore on IndusInd Bank for non-compliance with certain directions issued by RBI on ‘Exposure Norms’, ‘Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances’, ‘SPARC - Monitoring of Information Submission by bank’, ‘Creation of a Central Repository of Large Common Exposures - Across Banks’ read with directions on ‘Central Repository of Information on Large Credits (CRILC) - Revision in Reporting’, and ‘Disclosure in Financial Statements - Notes to Accounts’.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.

Indusind Bank Share Price

856.45 4.35 (0.51%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 811.65
ICICI Bank 1388.65
Axis Bank 1377.75
Kotak Mahindra Bank 381.50
Indusind Bank 856.45
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