MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release:
The Reserve Bank of India (RBI) has, by an order dated June 18, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two Lakh Seventy Thousand only) on Can Fin Homes Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on 'Fair Practices Code'. This penalty has been imposed in exercise of the powers conferred on RBI under Section 52A of the National Housing Bank Act, 1987.
The statutory inspection of the company was conducted by National Housing Bank with reference to its financial position as on March 31, 2025. Based on the supervisory findings of non-compliance with RBI directions and related correspond...