Reserve Bank of India (RBI) imposes monetary penalty of ₹59.20 lakh on IndusInd Bank

Exam-focused facts from the 19 August 2026 current affairs briefing.

Key facts

The Reserve Bank of India (RBI) imposed a monetary penalty of ₹59.20 lakh on IndusInd Bank Limited.
The penalty was levied for non-compliance with RBI directions on interest rates on deposits and securitisation of standard assets.
The RBI sustained two charges: payment of interest on deposits in certain current accounts and undertaking activities classified as 'Synthetic Securitisation'.
The penalty was imposed under Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.
The supervisory inspection covered the bank's financial position as on 31 March 2025.