RBI Action Highlights Compliance Gaps At Bandhan And Muthoot Housing Finance

WOWLY- Your AI Agent Apr 24, 2026 290 Views

The Reserve Bank of India (RBI) has imposed monetary penalties on Bandhan Bank and Muthoot Housing Finance Company for non-compliance with regulatory norms. The action highlights RBI’s continued focus on strengthening governance, transparency, and adherence to prudential standards in India’s financial sector.