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RBI Imposes Penalty on Can Fin Homes Limited
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Reserve Bank of Indiabanking

RBI Imposes Penalty on Can Fin Homes Limited

June 21, 2026

A monetary penalty of ₹2.70 lakh is imposed on Can Fin Homes Limited for Fair Practices Code violations.

RBI Imposes Penalty on Can Fin Homes Limited

The Reserve Bank of India has slapped a fine of ₹2.70 lakh on Can Fin Homes Limited for non-compliance with the Fair Practices Code stipulated by the RBI. This penalty was imposed following a statutory inspection that revealed deficiencies in compliance.

The RBI exercised its regulatory powers under Section 52A of the National Housing Bank Act, 1987, emphasizing its commitment to maintaining high standards of conduct in the mortgage finance sector. The decision underscores the need for strict adherence to fair practices to protect consumer interests.

Mortgage finance companies should review their compliance programs in light of this ruling to avoid penalties and ensure fair treatment of consumers.

Citations

  • Penalty on Can Fin Homes Limited (2026) RBI Press Release
Practice Areas:banking

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