Industry Reports

RBI slaps Bank of Baroda, GIC Housing Finance with ₹66.7 lakh penalty for non-compliance — Here's all you need to know

Saturday, July 4, 2026 - 00:05
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RBI slaps Bank of Baroda, GIC Housing Finance with ₹66.7 lakh penalty for non-compliance — Here's all you need to know
The Reserve Bank of India (RBI) has slapped the Bank of Baroda and GIC Housing Finance with a combined penalty of ₹66.7 lakh for non-compliance to its fair practices code for lenders and KYC guidelines.

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