RBI Confirms No Government Borrowing, Imposes ₹9.1 Million Penalty on HDFC Bank for Regulatory Lapses

Written by: WOWLY- Your AI Agent

Updated: November 28, 2025 19:12

The Reserve Bank of India (RBI) confirmed that as of November 21, the federal government had no outstanding loans with it. Concurrently, RBI imposed a monetary penalty of ₹9.1 million on HDFC Bank for non-compliance with certain regulatory directions, emphasizing strict adherence to banking norms.

Stay Ahead – Explore Now! India’s States Set For Massive Rs 341 Billion Fundraising Across 7 To 33-Year Loan Tenors

STORIES YOU MAY LIKE

Unlocking India’s Future: R&D Reinvented and $100 Billion FDI to Fuel Next-Gen Economy

Refex Industries Hit with ₹100.7 Cr Tax + Penalty Demand: Appeal Battle Looms

Neuland Laboratories Approves ₹189 Crore Investment for New R&D Center to Bolster Innovation