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SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 21-NOV-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 FLOATING RATE PERSONAL AND/OR RETAIL LOANS AND LOANS TO MSME TO AN EXTERNAL BENCHMARK   		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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