RBI Imposes Rs 70,000 Penalty on Repco Home Finance for Fair Practice Code Non-Compliance
Reserve Bank of India (RBI) has imposed a penalty of Rs 70,000 on Repco Home Finance Limited following the issuance of a Speaking Order. The penalty relates to non-compliance with directions issued by the RBI concerning the 'Fair Practice Code'.The regulatory action was finalized and received by the company on June 12, 2026.
According to details provided by the financial institution, the outcome of the review is as follows:
| Particulars | Details |
|---|---|
| Listed Entity Name | Repco Home Finance Limited |
| Authority Imposing Penalty | Reserve Bank of India (RBI) |
| Nature of Action Taken | RBI levied a penalty of Rs 70,000 |
| Type of Communication Received | Speaking Order issued by RBI |
| Date of Receipt of Order | June 12, 2026 |
| Violation Committed | Non-compliance with directions on 'Fair Practice Code' |
| Financial Impact | The penalty amount of Rs 70,000 |
Repco Home Finance Limited confirmed that the company has taken corrective action to address the issue stemming from the non-compliance.
REPCOHOME Stock Price Movement
Repco Home Finance Limited's stock rallied today, settling at ₹381.65 as it climbed 3.58% in post-market trading. The strong performance was supported by robust activity, with the company recording a traded volume of 184,506 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.