RBI imposed monetary penalty of ₹41.80 lakh on Bandhan Bank for KYC non‑compliance and statutory breaches.
Penalty stems from failure to periodically review risk categorisation of certain account categories and sanctioning director‑related loans.
RBI’s supervisory inspection covered the bank’s financial position as of 31 Mar 2025 and followed a show‑cause notice and hearing.
The penalty is imposed without prejudice to any further RBI action against the bank.