Kotak Mahindra Bank fined ₹61.95 lakh by RBI for non-compliance
Kotak Mahindra Bank has been fined ₹61.95 lakh by the Reserve Bank of India for non-compliance with Credit Information Companies Rules, 2006. The penalty was imposed following a statutory inspection for the financial year ended March 31, 2024.
The penalty amount of ₹61.95 lakh is relatively small for a bank of Kotak Mahindra Bank's size, and it is unlikely to have a significant material impact on its financial performance.
The bank has been penalized by the RBI, which is a negative development.
Kotak Mahindra Bank Limited has received a letter from the Reserve Bank of India (RBI) dated December 19, 2025, along with an order passed by the Adjudication Committee of Executive Directors of the RBI. The order, dated December 11, 2025, imposes a monetary penalty of ₹61.95 lakh (Rupees Sixty-One Lakh Ninety-Five Thousand Only) on the bank.
This penalty has been levied due to the bank's non-compliance with the Credit Information Companies Rules, 2006, and related RBI directions. The RBI imposed this penalty under the powers conferred by Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, and Section 25(1)(iii) read with Section 23(4) of the Credit Information Companies (Regulation) Act, 2005. These observations were made during the statutory inspection of the bank for the financial year ended March 31, 2024.
The bank has made this intimation available on its website at https://www.kotak.bank.in/en/investor-relations/governance/sebi-listing-disclosures.html.
What to do with a filing like this
Kotak Mahindra Bank Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Kotak Mahindra Bank Limited. Read the original for the full detail.