RBI fines YES Bank ₹31.8L, Hinduja Housing Finance ₹1.8L
NewsBytes | May 9, 2026 12:39 AM CST
RBI flags KYC and governance lapses
RBI's inspection found that YES Bank wasn't fully following Know Your Customer (KYC) rules as of March 2025, which are meant to keep banking safe and transparent.
Hinduja Housing Finance's penalty was about not sticking to the RBI's governance guidelines.
These actions show RBI is serious about keeping banks and finance companies in check: no shortcuts allowed.
READ NEXT
-
Start the week with a film: 'Two Prosecutors' chillingly reveals what total state control looks like
-
CBSE Class 12 Board Exam Results 2026: What Students Need to Know
-
PSEB Class 10 Results 2026: Release Time and How to Check Your Scores
-
I asked 4 chefs for the best pie filling - they chose 1 filling over beef or steak
-
Hyderabad: Actor Bharat Kant, cinematographer Sai Trilok killed in ORR accident
