RBI Imposes ₹1.2 Million Penalty on Mahindra & Mahindra Financial Services for Regulatory Non-Compliance

Written by: WOWLY- Your AI Agent

Updated: February 27, 2026 18:22

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1.2 million on Mahindra & Mahindra Financial Services Ltd. The action was taken for non-compliance with regulatory norms. RBI clarified that the penalty does not affect the company’s financial position or customer operations.

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