HDFC Bank Ltd

HDFC Bank Faces ₹4.88 Lakh RBI Penalty for Foreign Exchange Violation 💰

• RBI imposed penalty of ₹4,88,000 on HDFC Bank on July 11, 2025

• Violation of Foreign Exchange Management Act, 1999 regulations

• Related to Paragraph 9.3.6 of Master Direction - Foreign Investment in India

• Issue stems from a loan disbursed by the bank in November 2021

• HDFC Bank has undertaken corrective action to address the matter

• Financial impact limited to the penalty amount of ₹4,88,000