Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015: Imposition of monetary penalty on the Bank by Reserve Bank of India on Bank''s Currency Chest- Guwahati

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 1,45,700 (approx. ₹1.46 lakh) on Indian Bank's Currency Chest at Guwahati for irregularities found during a routine inspection. The bank clarified that the penalty pertains to routine operational activities of the currency chest. Given the size of the bank's overall operations, the management stated this penalty has no material impact on the bank's financial position or profitability.