Action against RES up 10% since Dec '23
Business Standard|June 28, 2024
Enforcement action by the Reserve Bank of India (RBI) against regulated entities (RES) increased by 10 per cent in the first half of 2024, but the aggregate penalty imposed on the entities has declined by nearly 60 per cent.

According to the Financial Stability Report (FSR), the enforcement action by the banking regulator increased to 161 entities from December 2023 to May 2024 and 146 entities from June 2023 to November 2023.

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Business Standard

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