Bank of Baroda faces RBI penalty over soiled note shortage

Bank of Baroda disclosed a penalty imposed by the Reserve Bank of India, as per SEBI regulations. The announcement, dated September 26, 2025, was communicated to BSE Ltd. and the National Stock Exchange of India Ltd.

The penalty, amounting to INR 1,73,300, was levied on account of a currency chest penalty due to a shortage in soiled note remittances. The bank received the directive on September 25, 2025.

Bank of Baroda stated that the penalty would impact its profit and loss statement by the equivalent amount. The company is in the process of uploading this information on its official website.