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RBI cancelled a co-operative bank’s licence

20th busiestof 47 comparable periods· top 43%

69 RBI action records published between 1 January 2022 and 31 March 2022: 55 fresh actions, 14 extensions of existing orders and 46 monetary-penalty actions with an amount stated, totalling ₹1.74 crore. That is 69 records against 66 over the same 90 days of Q4 2021, and ₹1.74 crore of disclosed penalty value against ₹14.06 crore.

Period complete. 90 days covered.

Action records
69

66 in Q4 2021

Disclosed penalties
₹1.74 cr

₹14.06 cr in Q4 2021

Severe actions · S4–S5
23

36 · 54.5% previously

Orders in force
24

19 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
27 Dec0000
3 Jan2002
10 Jan3102
17 Jan2011
24 Jan9711
31 Jan5311
7 Feb2011
14 Feb7412
21 Feb6303
28 Feb6213
7 Mar15465
14 Mar9621
21 Mar3201
28 Mar0000

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 account for most of the penalty-value decline

Disclosed penalty value fell to ₹1.74 crore from ₹14.06 crore in Q4 2021, a decline of ₹12.32 crore. Banks accounted for 64.2% of that decline, with current value ₹0 against ₹7.91 crore previously.

02

Penalty amounts shifted towards a smaller upper tail

The median disclosed penalty was ₹2.0 lakh, down from ₹4.0 lakh in Q4 2021, while the maximum was ₹48.0 lakh against ₹2.00 crore. The 90th percentile was ₹10.0 lakh, compared with ₹1.00 crore previously.

03

Severe actions made up a smaller share of the period’s activity

There were 23 severe actions, or 33.3% of the total, down from 36 actions and 54.5% in Q4 2021. The period included 6 cancellation actions against 1 previously, while supersession actions were 0 against 2.

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 penalty46 · 66.7%

    Previous 37 · 56.1%

  2. Business restriction17 · 24.6%

    Previous 22 · 33.3%

  3. Licence cancellation6 · 8.7%

    Previous 1 · 1.5%

Lifecycle

Fresh actions, extensions and withdrawals.

  1. Fresh action55 · 79.7%

    Previous 46 · 69.7%

  2. Extension14 · 20.3%

    Previous 17 · 25.8%

Entity types

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

  1. Co-operative bank63 · 91.3%

    Previous 49 · 74.2%

  2. NBFC3 · 4.3%

    Previous 5 · 7.6%

  3. Payment entity3 · 4.3%

    Previous 4 · 6.1%

Why RBI acted

Overlapping themes; one action may carry several reasons.

  1. Reporting & disclosure31 · 44.9%

    Previous 25 · 37.9%

  2. Capital & exposure norms27 · 39.1%

    Previous 23 · 34.8%

  3. Governance & oversight18 · 26.1%

    Previous 21 · 31.8%

  4. Other15 · 21.7%

    Previous 14 · 21.2%

  5. Lending norms14 · 20.3%

    Previous 13 · 19.7%

  6. Customer protection13 · 18.8%

    Previous 14 · 21.2%

Defining Actions

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

  1. Reserve Bank of India cancels the license of People’s Co-operative Bank Limited, Kanpur, Uttar Pradesh

    Highest severity, single entityS5 Severe
    21 Mar 2022licence cancellation

    People’s Co-operative Bank Limited, Kanpur, Uttar Pradesh

    This was the period’s highest-severity single-entity action. RBI cancelled the bank’s licence because it lacked adequate capital and earning prospects and did not comply with key licensing requirements under the Banking Regulation Act. RBI also said continuance of the bank was prejudicial to depositors and public interest.

What It Cost

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

Median
₹2 L

Previous ₹4 L

Largest
₹48 L

Previous ₹2 cr

Top five
₹96.83 L

Previous ₹7.75 cr

95th percentile
₹12 L

Previous ₹1.95 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₹0₹7.91 cr64.2%
Payment entity₹14.83 L₹4 cr31.3%
Co-operative bank₹1.47 cr₹1.95 cr3.9%
NBFC₹12.5 L₹20 L0.6%

Entity Coverage

Declared
69
Names extracted
68
Canonical links
68
First seen
43

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

Some source records declare entities but contain no extracted names.

Orders Still in Force

Orders
24
Entities
23
Expiring next
19
Duplicate entity rows
1

Next expiry window: 1 Apr 202230 Jun 2022.