AU Small Finance Bank Limited announced that the bank has received a communication from the Reserve Bank of India informing that penalty of INR 5,000 has been imposed on account of deficiency observed during RBI's regular incognito visit in awareness among official of Bank's Chandigarh branch regarding the rules of exchange of mutilated notes. The Bank has imparted necessary training among all the branch officials to create awareness on RBI
guidelines on the subject matter. Name of the authority: Issue Department, Chandigarh of the Reserve Bank of India (RBI); Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: May 23, 2024.