Reserve Bank of India (RBI) imposes ₹31.80 lakh penalty on Airtel Payments Bank

Exam-focused facts from the 2 April 2026 current affairs briefing.

Key facts

Reserve Bank of India (RBI) imposed a monetary penalty of ₹31.80 lakh on Airtel Payments Bank Limited for non-compliance with RBI directions on 'Disclosure in Financial Statements'.
The penalty action was carried out under section 47A(1)(c) read with section 46(4)(i) of the Banking Regulation Act, 1949.
The Statutory Inspection for Supervisory Evaluation (ISE 2025) of the bank was conducted by RBI with reference to its financial position as on March 31, 2025.
RBI found that the bank failed to disclose certain complaints in its annual financial statements for the financial year 2024-25.
The central bank stated that the penalty is without prejudice to any other action that may be initiated against the bank.