In March 2026, the Reserve Bank of India (RBI) imposed a monetary penalty of Rs 31.80 lakh on Airtel Payments Bank Limited for non-compliance with regulatory directions related to Disclosure in Financial Statements for the Financial Year 2024-25 (FY25).

RBI Penalty Action:

Legal Basis: The penalty was imposed by RBI under Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.

Inspection: RBI conducted the Statutory Inspection for Supervisory Evaluation (ISE 2025) based on the bank’s financial position as of March 31, 2025.

Violation: The penalty was imposed after confirming non-compliance with RBI directions based on supervisory findings.

Clarification: The action pertains only to regulatory compliance deficiencies and does not affect the validity of customer transactions or agreements.