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RBI cancelled a co-operative bank’s licence in November

41st busiestof 140 comparable periods· top 29%

29 RBI action records published between 1 November 2022 and 30 November 2022: 21 fresh actions, 8 extensions of existing orders and 18 monetary-penalty actions with an amount stated, totalling ₹2.23 crore. That is 29 records against 25 over the same 30 days of October 2022, and ₹2.23 crore of disclosed penalty value against ₹3.52 crore.

Period complete. 30 days covered.

Action records
29

25 in October 2022

Disclosed penalties
₹2.23 cr

₹3.52 cr in October 2022

Severe actions · S4–S5
12

9 · 36% previously

Orders in force
43

4 expiring in the next window

When Action Arrived

Published action records across the covered window, split into RegOversight severity bands. Empty intervals remain visible.

RBI action records by publication interval and severity band
IntervalTotalS0–S1 · lifted / lowS2–S3 · moderate / highS4–S5 · major / severe
1 Nov0000
2 Nov1001
3 Nov0000
4 Nov0000
5 Nov0000
6 Nov0000
7 Nov2101
8 Nov0000
9 Nov0000
10 Nov1001
11 Nov3003
12 Nov0000
13 Nov0000
14 Nov9720
15 Nov0000
16 Nov0000
17 Nov1001
18 Nov0000
19 Nov0000
20 Nov0000
21 Nov1010
22 Nov0000
23 Nov1001
24 Nov1001
25 Nov0000
26 Nov0000
27 Nov0000
28 Nov7241
29 Nov0000
30 Nov2002

What Stood Out

Each finding is grounded in precomputed metrics. Open it to inspect the supporting numbers and the limits of the claim.

01

Co-operative banks supplied all disclosed penalty value

The entire November 2022 disclosed penalty value came from co-operative banks, which recorded ₹2.23 crore against ₹1.71 crore in October 2022. Other entities moved from ₹1.76 crore to ₹0, while NBFCs moved from ₹5.0 lakh to ₹0, contributing to an overall fall of ₹1.29 crore.

02

Co-operative banks took a larger share of action records

Co-operative banks accounted for 96.6% of actions in November 2022, up from 84.0% in October 2022. Their action count rose to 28 from 21, a shift of 12.6 percentage points.

03

Severe actions formed a larger share of the month’s activity

Severe actions numbered 12, or 41.4%, compared with 9, or 36.0%, in October 2022. Average severity was 2.66, while cancellation counts were 3 in both periods and supersession counts were 0 in both.

04

A small group accounted for most disclosed penalty value

Among 18 penalty actions, the largest disclosed penalty was ₹1.25 crore, equal to 56.1% of the total. The top five accounted for 91.6%, while the median penalty was ₹2.0 lakh.

What RBI Did and Where It Landed

Amber bars show the current mix. The fine marker shows the comparable earlier period, so a change is visible rather than merely asserted.

Action mix

Primary recorded action category.

  1. Monetary penalty18 · 62.1%

    Previous 17 · 68%

  2. Business restriction8 · 27.6%

    Previous 5 · 20%

  3. Licence cancellation3 · 10.3%

    Previous 3 · 12%

Lifecycle

Fresh actions, extensions and withdrawals.

  1. Fresh action21 · 72.4%

    Previous 20 · 80%

  2. Extension8 · 27.6%

    Previous 5 · 20%

Entity types

Action records by regulated-entity class, not entities affected.

  1. Co-operative bank28 · 96.6%

    Previous 21 · 84%

  2. NBFC1 · 3.4%

    Previous 2 · 8%

Why RBI acted

Overlapping themes; one action may carry several reasons.

  1. Reporting & disclosure15 · 51.7%

    Previous 11 · 44%

  2. Governance & oversight9 · 31%

    Previous 7 · 28%

  3. Lending norms8 · 27.6%

    Previous 8 · 32%

  4. Capital & exposure norms6 · 20.7%

    Previous 4 · 16%

  5. KYC / AML4 · 13.8%

    Previous 1 · 4%

  6. Other4 · 13.8%

    Previous 3 · 12%

Defining Actions

Up to four non-duplicative actions selected for monetary impact, breadth, severity or relief. Quiet periods may show fewer.

  1. RBI imposes monetary penalty on Zoroastrian Co-operative Bank Ltd., Bombay

    Largest disclosed penaltyS4 High
    28 Nov 2022₹1.25 croremonetary penalty

    Zoroastrian Co-operative Bank Ltd., Bombay

    The RBI imposed the largest disclosed penalty, ₹1.25 crore, on Zoroastrian Co-operative Bank Ltd., Bombay. The bank failed to comply with RBI directions on discounting of bills by UCBs under restricted letters of credit and with record-preservation rules, including by discounting accommodation bills without establishing the genuineness of the underlying transactions and documents and not preserving records for eight years.

    Read case briefRBI source

  3. RBI cancels the licence of Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra

    Highest severity, single entityS5 Severe
    11 Nov 2022licence cancellation

    Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra

    RBI cancelled the licence of Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra. The bank lacked adequate capital and earning prospects, failed to satisfy licensing requirements under the Banking Regulation Act, and RBI said its continuance was prejudicial to depositors and public interest.

    Read case briefRBI source

What It Cost

18 actions had a disclosed amount. Totals and distribution shape are kept separate from action volume.

Median
₹2 L

Previous ₹5 L

Largest
₹1.25 cr

Previous ₹1.76 cr

Top five
₹2.04 cr

Previous ₹3.02 cr

Percentiles
Suppressed

Too few priced actions for a stable tail estimate.

Change by entity type

Arithmetic attribution of the change in disclosed value. Contributions may exceed 100% or run in the opposite direction.

Entity typeCurrentPreviousContribution
Other₹0₹1.76 cr136.5%
Co-operative bank₹2.23 cr₹1.71 cr-40.4%
NBFC₹0₹5 L3.9%

Entity Coverage

Declared
30
Names extracted
30
Canonical links
30
First seen
13

Entity counts are breadth indicators, not action counts. One bulk order can name hundreds of companies.

Orders Still in Force

Orders
43
Entities
40
Expiring next
4
Duplicate entity rows
3

Next expiry window: 1 Dec 2022–31 Dec 2022.