<ul data-eligibleForWebStory="false"><li>The Reserve Bank of India has imposed a penalty of Rs 4.88 lakh on HDFC Bank for contravention of norms related to foreign investment in India while granting a term loan to a client.</li><li>Additionally, a penalty of Rs 2.70 lakh was imposed on Shriram Finance Limited for non-compliance with certain provisions of the Reserve Bank of India's Digital Lending Directions, 2025.</li><li>RBI's penalties were based on deficiencies in regulatory compliance and not on the validity of any transactions or agreements entered into by the entities with their customers.</li></ul>

RBI Imposes Penalty On HDFC Bank, Shriram Finance

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