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Penalty value rose while severe actions became less common

9th busiestof 140 comparable periods· top 6%

44 RBI action records published between 1 December 2022 and 31 December 2022: 40 fresh actions, 4 extensions of existing orders and 38 monetary-penalty actions with an amount stated, totalling ₹4.95 crore. That is 44 records against 29 over the same 31 days of November 2022, and ₹4.95 crore of disclosed penalty value against ₹2.23 crore.

Period complete. 31 days covered.

Action records
44

29 in November 2022

Disclosed penalties
₹4.95 cr

₹2.23 cr in November 2022

Severe actions · S4–S5
7

12 · 41.4% previously

Orders in force
42

21 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 Dec0000
2 Dec1010
3 Dec0000
4 Dec0000
5 Dec1010
6 Dec2002
7 Dec0000
8 Dec0000
9 Dec2002
10 Dec1001
11 Dec0000
12 Dec131030
13 Dec1001
14 Dec0000
15 Dec0000
16 Dec0000
17 Dec0000
18 Dec0000
19 Dec211281
20 Dec0000
21 Dec0000
22 Dec0000
23 Dec0000
24 Dec0000
25 Dec0000
26 Dec1010
27 Dec0000
28 Dec0000
29 Dec1010
30 Dec0000
31 Dec0000

What Stood Out

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

01

Banks accounted for more than the increase in disclosed penalty value

Disclosed penalty value rose to ₹4.95 crore from ₹2.23 crore, a ₹2.72 crore increase. Banks recorded ₹3.08 crore across 2 actions, versus ₹0 across 0 actions in November 2022, equivalent to 113.3% of the change. This exceeds the total change because co-operative bank value moved in the opposite direction, to ₹1.73 crore across 35 actions from ₹2.23 crore across 18.

02

Severe actions formed a smaller share of the month’s records

There were 7 severe actions, or 15.9% of the total, compared with 12 and 41.4% in November 2022. Cancellation actions also fell to 1 from 3, while supersession actions remained at 0.

03

A small group of actions accounted for most disclosed penalty value

The largest penalty was ₹2.66 crore, equal to 53.8% of the ₹4.95 crore total. The top five penalties accounted for 84.0%, 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 penalty38 · 86.4%

    Previous 18 · 62.1%

  2. Business restriction5 · 11.4%

    Previous 8 · 27.6%

  3. Licence cancellation1 · 2.3%

    Previous 3 · 10.3%

Lifecycle

Fresh actions, extensions and withdrawals.

  1. Fresh action40 · 90.9%

    Previous 21 · 72.4%

  2. Extension4 · 9.1%

    Previous 8 · 27.6%

Entity types

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

  1. Co-operative bank40 · 90.9%

    Previous 28 · 96.6%

  2. Bank2 · 4.5%
  3. NBFC1 · 2.3%

    Previous 1 · 3.4%

  4. Payment entity1 · 2.3%

Why RBI acted

Overlapping themes; one action may carry several reasons.

  1. Reporting & disclosure33 · 75%

    Previous 15 · 51.7%

  2. Capital & exposure norms21 · 47.7%

    Previous 6 · 20.7%

  3. KYC / AML10 · 22.7%

    Previous 4 · 13.8%

  4. Lending norms7 · 15.9%

    Previous 8 · 27.6%

  5. Governance & oversight5 · 11.4%

    Previous 9 · 31%

  6. Licensing breach4 · 9.1%

    Previous 3 · 10.3%

Defining Actions

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

  1. Directions under Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Sikar Urban Co-operative Bank Ltd, Sikar, Rajasthan- Extension of Validity

    Highest severity, single entityS4 High
    10 Dec 2022business restriction

    Sikar Urban Co-operative Bank Ltd.

    RBI extended Sikar Urban Co-operative Bank Ltd.’s existing All-Inclusive Directions under Section 35A. The directions continue to apply from December 10, 2022 to March 09, 2023, with all other terms unchanged.

What It Cost

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

Median
₹2 L

Previous ₹2 L

Largest
₹2.66 cr

Previous ₹1.25 cr

Top five
₹4.16 cr

Previous ₹2.04 cr

95th percentile
₹50 L

Previous ₹1.25 cr

Change by entity type

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

Entity typeCurrentPreviousContribution
Bank₹3.08 cr₹0113.3%
Co-operative bank₹1.73 cr₹2.23 cr-18.4%
Payment entity₹13.9 L₹05.1%

Entity Coverage

Declared
45
Names extracted
45
Canonical links
45
First seen
30

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

Orders Still in Force

Orders
42
Entities
40
Expiring next
21
Duplicate entity rows
2

Next expiry window: 1 Jan 202331 Jan 2023.