City Union Bank Limited has informed the Exchange about General Updates u/r 30 of SEBI Listing Regulations , 2015 as amended
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City Union Bank received a penalty of Rs.10.10 lakhs from RBI following a statutory supervisory inspection as of March 31, 2025. The bank was penalised for two violations: levying loan-related charges on certain agriculture priority sector loans up to Rs.25,000, and failing to report Self Help Group member-level data to Credit Information Companies. The speaking order was issued on May 20, 2026, and the bank received the intimation on May 22, 2026. The penalty is relatively small and relates to compliance gaps rather than fraud or major misconduct.
The financial impact is minimal at Rs.10.10 lakhs, unlikely to materially affect the bank's operations or stock price. However, it signals regulatory scrutiny on the bank's compliance processes, which investors may monitor for any repeat violations.