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

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.

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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.

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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.