IIFL Finance Limited has informed the Exchange about Action(s) taken or orders passed by RBI.
IIFL · price
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Awaiting price reaction for this filing.
The Reserve Bank of India has imposed a penalty of Rs. 5.30 Lakh on IIFL Finance Limited via an order dated February 13, 2026, under Section 58B(5)(aa) and Section 58G(1)(b) of the RBI Act, 1934. The penalty relates to the company's failure to classify certain loan accounts as 'non-performing assets' upon restructuring, based on supervisory findings referencing the company's financial position as of March 31, 2024. The company has stated there is no material impact on its financial, operational, or other activities, and the loan accounts in question are no longer carried in its books.
The penalty amount is negligible (Rs. 5.30 Lakh) relative to the company's size, and management confirms no material financial or operational impact. Stock price reaction is unlikely to be significant, though it reflects a minor compliance lapse flagged by the RBI.