Document title: RBI imposes monetary penalty on Can Fin Homes Limited
Issuing authority: Reserve Bank of India
Reference number: Press Release: 2026-2027/499
Date: June 19, 2026
Regulatory and Policy Measures
The Reserve Bank of India, by an order dated June 18, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two Lakh Seventy Thousand only) on Can Fin Homes Limited for non‑compliance with certain provisions of the directions issued by RBI on the Fair Practices Code. The penalty is imposed under the powers conferred on RBI by Section 52A of the National Housing Bank Act, 1987.
A statutory inspection of the company was carried out by the National Housing Bank, referencing the company’s financial position as on March 31, 2025. Following supervisory findings of non‑compliance and related correspondence, RBI issued a notice to the company requiring it to show cause why a penalty should not be imposed. After considering the company’s written reply and oral submissions made during a personal hearing, RBI sustained the charge that the company failed to clearly indicate the bifurcation between interest and principal in the loan instalments collected from borrowers.
The RBI clarified that this action addresses deficiencies in regulatory compliance and does not intend to pronounce on the validity of any transaction or agreement entered into by the company with its customers. The monetary penalty is imposed without prejudice to any other action that may be initiated by RBI against the company.
The press release is signed by the Chief General Manager, Brij Raj.
This regulatory action underscores RBI’s enforcement of fair‑practice standards within the housing finance sector.