Indian Bank Penalized ₹2.1 Lakhs by RBI

Indian Bank has been imposed a monetary penalty of ₹2,10,000 by the Reserve Bank of India (RBI) for non-reporting of Cash Out incidents for 21 ATMs for June 2026. The penalty relates to routine operational activities and is not expected to have a material impact on the bank's financial performance or profitability, given its operational scale. The bank has stated that necessary steps have been taken to prevent recurrence of such incidents.