RBI Levies penalty of Rs. 70,000 on Repco Home Finance Over 'Fair Practice Code' Non-Compliance:

The Reserve Bank of India (RBI) has imposed a penalty of Rs 70,000 on Repco Home Finance Limited over Non-compliance with 'Fair Practice Code' directions.

Non-Adherence With RBI's Directions on 'Fair Practice Code' Costs Company

Saloni Kumari

Jun 13, 2026

Last update on Jun 13, 2026

RBI Levies penalty of Rs. 70,000 on Repco Home Finance Over 'Fair Practice Code' Non-Compliance Repco Home Finance Limited has informed the stock exchanges (NSE and BSE) that the Reserve Bank of India (RBI) has issued a Speaking Order levying a penalty amounting to Rs 70,000. The order was issued to the company on June 12, 2026. The said penalty has been imposed on the company for non-compliance with the directions issued by the Reserve Bank of India on the 'Fair Practice Code'. The company has clarified that the impact of the present action on its financial, operational, or other activities is limited to the penalty amount levied, i.e., Rs 70,000. The company has since undertaken corrective action to address the issue. Repco Home Finance Limited has disclosed the aforementioned information via an Intimation No. RHFL/SE/20/2026-27, dated June 12, 2026, under Regulations 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Saloni Kumari

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Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].