[PERSON]
Sashidhar Jagdishan
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Situations
RBI enforcement actions on Indian lenders
2 clusters · 7 sources · last updated
Latest: HDFC Bank fines top executives ₹1 lakh each over MSRDC deposit scheme
In mid‑July 2026 the Reserve Bank of India (RBI) intensified its regulatory crackdown on domestic financial institutions. On 17 July, the RBI levied monetary penalties on Muthoot Finance Ltd and its subsidiary for breach