IndusInd Bank Fined ₹59.20 Lakh by RBI
Why in the news
The central bank fined a private lender in August 2026 after an inspection exposed rule breaches.
Key facts
- Penalty: ₹59.20 lakh on IndusInd Bank, imposed by RBI.
- Rules involved: those on Interest Rate on Deposits and on Securitisation of Standard Assets.
- The bank paid interest on certain current account deposits contrary to RBI directions.
- It carried out synthetic securitisation of standard assets against RBI guidelines.
- The inspection assessed the bank’s finances as of 31 March 2025.
| Violation | Nature |
|---|---|
| Deposit interest | Interest paid on some current account deposits |
| Securitisation | Synthetic securitisation of standard assets |
Background
Regulatory penalties of this kind follow findings during RBI inspections of a bank’s financial position.
Exam angle
- Penalty amount: ₹59.20 lakh.
- Bank penalised: IndusInd Bank.
- Regulator: RBI.
- Term to know: synthetic securitisation of standard assets.