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SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 13-JUL-2024

PRIVATE BANKS: DID NOT RESET INTEREST RATES IN MCLR AND EXTERNAL BENCHMARK LINKED ADVANCES AT PRESCRIBED PERIODICITY

S.No. ENTITY PERSONS REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person DCB BANK LTD.
  DID NOT RESET INTEREST RATES IN MCLR AND EXTERNAL BENCHMARK LINKED ADVANCES AT PRESCRIBED PERIODICITY

DID NOT BENCHMARK INTEREST ON CERTAIN FLOATING RATE RETAIL LOANS AND FLOATING RATE LOANS TO MSME, TO EXTERNAL BENCHMARK LENDING RATE   		IMPOSED PENALTY RS.63,60,000

13-MAR-2024 		 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

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