When Action Arrived
Published action records across the covered window, split into RegOversight severity bands. Empty intervals remain visible.
| Interval | Total | S0–S1 · lifted / low | S2–S3 · moderate / high | S4–S5 · major / severe |
|---|---|---|---|---|
| Jan | 39 | 10 | 6 | 23 |
| Feb | 33 | 10 | 7 | 16 |
| Mar | 33 | 8 | 9 | 16 |
| Apr | 34 | 2 | 6 | 26 |
| May | 30 | 12 | 7 | 11 |
| Jun | 36 | 7 | 16 | 13 |
| Jul | 28 | 2 | 0 | 26 |
| Aug | 39 | 19 | 6 | 14 |
| Sept | 40 | 6 | 12 | 22 |
| Oct | 59 | 23 | 16 | 20 |
| Nov | 44 | 16 | 11 | 17 |
| Dec | 53 | 25 | 6 | 22 |
What Stood Out
Each finding is grounded in precomputed metrics. Open it to inspect the supporting numbers and the limits of the claim.
Severe actions made up a larger share of the record
226 actions were severe, or 48.3%, up from 135 and 40.1% in 2022. The average severity score was 2.81, with 32 cancellations and 1 supersession.
Banks accounted for most of the increase in penalty value
Disclosed penalties rose to ₹80.67 crore from ₹40.71 crore, an increase of ₹39.95 crore. Banks accounted for ₹50.18 crore and 79.1% of that increase, while NBFCs accounted for ₹11.97 crore and 20.6%.
The largest penalties took a substantial share of disclosed value
The largest penalty was ₹12.19 crore, equal to 15.1% of the ₹80.67 crore total. The top five penalties accounted for 41.8%, 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.
- Monetary penalty265 · 56.6%
Previous 218 · 64.7%
- Business restriction167 · 35.7%
Previous 88 · 26.1%
- Licence cancellation32 · 6.8%
Previous 28 · 8.3%
- Action lifted2 · 0.4%
Previous 2 · 0.6%
- Board supersession1 · 0.2%
- Directive / prohibition1 · 0.2%
Previous 1 · 0.3%
Lifecycle
Fresh actions, extensions and withdrawals.
- Fresh action323 · 69%
Previous 271 · 80.4%
- Extension143 · 30.6%
Previous 64 · 19%
- Lifted / withdrawn2 · 0.4%
Previous 2 · 0.6%
Entity types
Action records by regulated-entity class, not entities affected.
- Co-operative bank386 · 82.5%
Previous 283 · 84%
- Bank38 · 8.1%
Previous 19 · 5.6%
- NBFC37 · 7.9%
Previous 24 · 7.1%
- Credit bureau4 · 0.9%
- Payment entity3 · 0.6%
Previous 10 · 3%
Why RBI acted
Overlapping themes; one action may carry several reasons.
- Reporting & disclosure190 · 40.6%
Previous 173 · 51.3%
- Other123 · 26.3%
Previous 60 · 17.8%
- Capital & exposure norms118 · 25.2%
Previous 111 · 32.9%
- Customer protection118 · 25.2%
Previous 65 · 19.3%
- Lending norms95 · 20.3%
Previous 76 · 22.6%
- Governance & oversight86 · 18.4%
Previous 70 · 20.8%
Defining Actions
Up to four non-duplicative actions selected for monetary impact, breadth, severity or relief. Quiet periods may show fewer.
RBI imposes monetary penalty on ICICI Bank Ltd
17 Oct 2023₹12.19 croremonetary penaltyICICI Bank Ltd.
ICICI Bank was penalized for contravention of Banking Regulation Act provisions and RBI directions. Breaches included sanctioning or committing loans to companies where two directors were also directors, marketing non-financial products, and delayed fraud reporting.
RBI cancels Certificate of Registration of seven NBFCs
12 May 2023licence cancellationCoorg Tea Company Limited
RBI cancelled the Certificate of Registration of seven NBFCs under Section 45-IA(6). The companies can no longer transact business as Non-Banking Financial Institutions.
Reserve Bank of India cancels the licence of the Musiri Urban Co-operative Bank Ltd., Musiri
30 Dec 2023licence cancellationMusiri Urban Co-operative Bank Ltd., Musiri
RBI cancelled the bank’s licence because it lacked adequate capital and earning prospects and did not comply with licensing requirements under the Banking Regulation Act. RBI also said its continuance was prejudicial to depositors’ interests and public interest.
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Raigad Sahakari Bank Limited, Mumbai – Withdrawal of Directions
28 Dec 2023action liftedRaigad Sahakari Bank Limited, Mumbai
RBI withdrew the Section 35A read with Section 56 Directions previously issued to the bank. The directions had earlier been extended from time to time.
What It Cost
265 actions had a disclosed amount. Totals and distribution shape are kept separate from action volume.
- Median
- ₹2 L
- Largest
- ₹12.19 cr
- Top five
- ₹33.69 cr
- 95th percentile
- ₹1.62 cr
Previous ₹2 L
Previous ₹5.72 cr
Previous ₹14.15 cr
Previous ₹90 L
Change by entity type
Arithmetic attribution of the change in disclosed value. Contributions may exceed 100% or run in the opposite direction.
| Entity type | Current | Previous | Contribution |
|---|---|---|---|
| Bank | ₹50.18 cr | ₹18.6 cr | 79.1% |
| NBFC | ₹11.97 cr | ₹3.74 cr | 20.6% |
| Payment entity | ₹8.76 cr | ₹2.32 cr | 16.1% |
| Co-operative bank | ₹8.75 cr | ₹14.29 cr | -13.9% |
| Other | ₹0 | ₹1.76 cr | -4.4% |
| Credit bureau | ₹1.01 cr | ₹0 | 2.5% |
Entity Coverage
- Declared
- 480
- Names extracted
- 479
- Canonical links
- 479
- First seen
- 225
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
- 41
- Entities
- 41
- Expiring next
- 137
- Duplicate entity rows
- 0
Next expiry window: 1 Jan 2024–31 Dec 2024.