RBI · Enforcement
RBI penalises PAN Emami Cosmed ₹3.10 lakh for exposure norm breach
Penalty for exceeding single-group credit limit; other corrective actions possible.
What changed
- RBI imposed ₹3.10 lakh penalty on PAN Emami Cosmed Ltd
- Company breached credit concentration norms for a single group
- Penalty order dated July 13, 2026
The read
RBI fined PAN Emami Cosmed ₹3.10 lakh after a statutory inspection found it had breached the prescribed regulatory limit for credit exposure to a single group of parties. The penalty, under Section 58G(1)(b) of the RBI Act, follows a show-cause notice and personal hearing where the charge was sustained. This action signals RBI’s zero-tolerance for concentration risk among non-banking financial companies. The fine is modest but the warning is clear: compliance with exposure norms is non-negotiable.
Key numbers
- Penalty: ₹3.10 lakh
Primary source: rbi.org.in