India  

RBI imposes penalty on HDFC Bank, Shriram Finance

IndiaTimes Friday, 11 July 2025 ()
The Reserve Bank of India (RBI) has penalized HDFC Bank Rs 4.88 lakh for violating norms related to foreign investment while granting a term loan. Additionally, Shriram Finance Limited faces a Rs 2.70 lakh penalty for non-compliance with digital lending directions, specifically regarding loan repayments routed through a third-party account instead of directly from borrowers.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

RBI imposes monetary penalty on HDFC Bank, Shriram Finance


newKerala.com