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IDBI Bank Monetary Penalty

Source: Financial Express

Project
Imposed

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 36.3 lakh on IDBI Bank for lapses in due diligence related to inward foreign remittances.

Status
Imposed
Updated
22 Jul 2026
Source
Financial Express

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The status recorded for “IDBI Bank Monetary Penalty” is imposed.

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imposed

Taiyo last update

2026-07-22

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Description

Description

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 36.3 lakh on IDBI Bank for lapses in due diligence related to inward foreign remittances.

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Source

Source

Financial Express

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Record type

Project

Article published date

2025-03-26

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