RBI imposed monetary penalty of ₹80,000 on Muthoot Housing Finance Company Ltd for Fair Practice Code non‑compliance.
Penalty stems from failure to disclose risk‑gradation approach and differing interest rate rationale in application forms and sanction letters.
RBI acted under Section 52A of NHB Act after NHB inspection of financials as of 31‑Mar‑2025 and show‑cause process.
Penalty is without prejudice to any further regulatory action RBI may take against the company.