Bandhan Bank Ltd

Bandhan Bank Fined ₹41.80 Lakh by RBI 🔍

• RBI imposed a fine of ₹41.80 lakh on Bandhan Bank on April 24, 2026.

• ₹31.80 lakh penalty for contravention of Section 20(1)(b)(iii) of the Banking Regulation Act, 1949.

• Additional ₹10.00 lakh fine for non-compliance with RBI's 'Know Your Customer' directions.

• The bank states no material impact on its financial or operational activities due to the penalty.