Download the app
← Latest news

RBI slaps Bandhan Bank with penalty over risk review and director loan lapses

Business
Published on 24 April 2026
RBI slaps Bandhan Bank with penalty over risk review and director loan lapses

The RBI flagged missing periodic risk reviews

The RBI has imposed a penalty on Bandhan Bank, citing failures in periodic risk categorisation reviews for certain accounts. The regulator also pointed to sanctions of director-related loans. Separately, the RBI has penalised Muthoot Housing Finance Company as well, underscoring stricter oversight on banks and housing lenders’ risk and related-party lending compliance.

  • RBI penalised Bandhan Bank for lapses in periodic risk review
  • Risk categorisation for some accounts was not reviewed as required
  • Director-related loan sanctions drew RBI action
  • RBI also penalised Muthoot Housing Finance Company
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.