Date: 30.10.2026
Regulatory Action Disclosure
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹2,10,000 (Rupees Two Lakh Ten Thousand Only) on Indian Bank.
Nature of Violation: Non-reporting of Cash Out incidents for 21 ATMs for June 2026. The ATMs were operating under the jurisdiction of the Reserve Bank of India, Chennai.
Date of Receipt of Order: 29.10.2026
Financial Impact Assessment: The Bank states the impact is limited only to the amount of the penalty (₹2,10,000). The penalty is related to routine operational activities of the Bank, and considering the size of the Bank's operations, it does not have any material impact on the Bank and its profitability.
Remedial Actions: The Bank has taken necessary steps to avoid recurrence of such incidents.
Disclosure Compliance
Not Specified: Financial Results, Dividend Declaration, KMP/Board Changes, Auditor Report, Disinvestment/Strategic Actions, Media Release/Investor Communication