RBI's Penalty Party Hits Five-Year Low: Just ₹26.33 Crore!

Finance

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RBI's Penalty Party Hits Five-Year Low: Just ₹26.33 Crore!

Alright, folks, gather 'round! The RBI just spilled the beans: penalties are at a five-year low—only ₹26.33 crore in FY26! They went after a mere 241 entities, down from last year's 353. They sent out 342 show-cause notices with a whopping 698 charges, but only 382 got hit with penalties. The rest? Just vibing! Can we get a standing ovation for this financial chill?