Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2018
Reserve Bank penalty over unapproved financial-services rollout
The Reserve Bank of India fined Equitas ₹1 million on 1 March 2018 after the bank introduced investment, pension, and insurance services without obtaining prior approval. The matter was a regulatory-compliance issue rather than a reported corporate-fraud finding.