Section 26 — Application of fines

Reviewed by CA Nikhil Gupta · Last reviewed 18 September 2026

Addresses the treatment/application of fines imposed under the Act. Read this section with the offence and penalty provisions rather than as an independent compliance obligation. Finance and legal teams should correctly distinguish a court-imposed fine from an RBI-imposed administrative penalty.

Chapter VIIOffences and penalties

Related on Finin2min

Credit Information Companies (Regulation) Act, 2005 — hub homeBanking Regulation Act, 1949 hubReserve Bank of India Act, 1934 hubRBI and banking knowledge hub

Primary official sources

← Section 25 — Power of Reserve Bank to impose penalty Section 27 — Power of Reserve Bank to specify maximum amount of fees →

Finin2min summary — explanatory text. The official Act, Rules, Regulations and notifications control if there is any difference. Educational and research resource, not legal, regulatory, tax or investment advice; verify the instrument in force on the relevant date.