RBI fines Can Fin Homes ₹2.70 lakh for Fair Practices Code breach
Source: Reserve Bank of India · Press Release prid 62977 · ~1 min read
RBI imposed a ₹2.70 lakh penalty on Can Fin Homes for failing to clearly split interest and principal in loan instalment statements, violating Fair Practices Code directions. The action follows NHB inspection findings as of March 2025.
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Official RBI source: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=62977 — summary by BankPulse (bankpulse.ai).
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