RBI fines HDFC Bank for KYC and compliance violations
pre-market1 source ↓written by the desknot a recommendation
- issued
- 18 Nov 2025
The Reserve Bank of India (RBI) has imposed a penalty of ₹91 lakh on HDFC Bank for lapses in KYC norms, interest rate compliance, and outsourcing practices. The penalty, issued on 18 Nov 2025, follows a supervisory inspection revealing multiple benchmarks used for the same loan category and unauthorized outsourcing of KYC checks.
This action may impact HDFC Bank's operational practices and investor sentiment, as regulatory scrutiny increases in the banking sector. 📉
Not investment advice. For informational purposes only.