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 |
|---|---|---|---|---|
| 1 Apr | 0 | 0 | 0 | 0 |
| 2 Apr | 0 | 0 | 0 | 0 |
| 3 Apr | 2 | 1 | 1 | 0 |
| 4 Apr | 0 | 0 | 0 | 0 |
| 5 Apr | 0 | 0 | 0 | 0 |
| 6 Apr | 6 | 0 | 1 | 5 |
| 7 Apr | 0 | 0 | 0 | 0 |
| 8 Apr | 1 | 0 | 0 | 1 |
| 9 Apr | 1 | 0 | 0 | 1 |
| 10 Apr | 1 | 0 | 0 | 1 |
| 11 Apr | 0 | 0 | 0 | 0 |
| 12 Apr | 0 | 0 | 0 | 0 |
| 13 Apr | 2 | 0 | 0 | 2 |
| 14 Apr | 0 | 0 | 0 | 0 |
| 15 Apr | 0 | 0 | 0 | 0 |
| 16 Apr | 0 | 0 | 0 | 0 |
| 17 Apr | 1 | 0 | 1 | 0 |
| 18 Apr | 2 | 0 | 0 | 2 |
| 19 Apr | 1 | 0 | 0 | 1 |
| 20 Apr | 1 | 0 | 0 | 1 |
| 21 Apr | 3 | 0 | 0 | 3 |
| 22 Apr | 0 | 0 | 0 | 0 |
| 23 Apr | 0 | 0 | 0 | 0 |
| 24 Apr | 4 | 1 | 3 | 0 |
| 25 Apr | 1 | 0 | 0 | 1 |
| 26 Apr | 0 | 0 | 0 | 0 |
| 27 Apr | 1 | 0 | 0 | 1 |
| 28 Apr | 7 | 0 | 0 | 7 |
| 29 Apr | 0 | 0 | 0 | 0 |
| 30 Apr | 0 | 0 | 0 | 0 |
What Stood Out
Each finding is grounded in precomputed metrics. Open it to inspect the supporting numbers and the limits of the claim.
NBFCs accounted for the increase in disclosed penalties
Disclosed penalties on NBFCs were ₹6.88 crore in April 2023, against ₹17.2 lakh in March 2023. Payment entities and banks moved lower, from ₹3.07 crore and ₹2.59 crore to ₹0 and ₹55.0 lakh, respectively.
Severe actions made up a larger share of records
26 records, or 76.5%, were severe in April 2023, compared with 16 records, or 48.5%, in March 2023. The severity average was 3.68, with 2 cancellations and no supersessions in April, compared with 1 cancellation and 0 supersessions in March.
One penalty accounted for most disclosed penalty value
The largest of the 10 penalties with an amount stated was ₹6.77 crore, accounting for 83.1% of total disclosed value. The top five accounted for 96.3%, while the median penalty was ₹13.0 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.
- Business restriction22 · 64.7%
Previous 13 · 39.4%
- Monetary penalty10 · 29.4%
Previous 19 · 57.6%
- Licence cancellation2 · 5.9%
Previous 1 · 3%
Lifecycle
Fresh actions, extensions and withdrawals.
- Extension22 · 64.7%
Previous 4 · 12.1%
- Fresh action12 · 35.3%
Previous 29 · 87.9%
Entity types
Action records by regulated-entity class, not entities affected.
- Co-operative bank29 · 85.3%
Previous 25 · 75.8%
- NBFC3 · 8.8%
Previous 4 · 12.1%
- Bank2 · 5.9%
Previous 3 · 9.1%
Why RBI acted
Overlapping themes; one action may carry several reasons.
- Other16 · 47.1%
Previous 4 · 12.1%
- Reporting & disclosure8 · 23.5%
Previous 13 · 39.4%
- Governance & oversight6 · 17.6%
Previous 9 · 27.3%
- Customer protection5 · 14.7%
Previous 11 · 33.3%
- KYC / AML3 · 8.8%
Previous 6 · 18.2%
- Capital & exposure norms2 · 5.9%
Previous 13 · 39.4%
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 Mahindra & Mahindra Financial Services Limited, Mumbai
6 Apr 2023₹6.77 croremonetary penaltyMahindra & Mahindra Financial Services Limited
The record concerns Mahindra & Mahindra Financial Services Limited's non-compliance with RBI directions on fair practices under the NBFC master directions. It allegedly failed to disclose the annualised rate of interest at loan sanction and did not give notice when charging a higher rate than communicated.
RBI cancels Certificate of Registration of two NBFC
13 Apr 2023licence cancellationBRD Securities Ltd
This order cancelled the Certificates of Registration of two NBFCs under Section 45-IA(6) of the RBI Act, 1934. The companies are barred from transacting NBFC business.
Reserve Bank cancels the banking licence granted to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala and allows it to function as non-banking institution
25 Apr 2023licence cancellationThe Adoor Co-operative Urban Bank Ltd, Adoor, Kerala
The record cancelled The Adoor Co-operative Urban Bank Ltd's banking licence and notified it as a non-banking institution. The bank must stop conducting banking business, including accepting deposits from non-members.
What It Cost
10 actions had a disclosed amount. Totals and distribution shape are kept separate from action volume.
- Median
- ₹13 L
- Largest
- ₹6.77 cr
- Top five
- ₹7.84 cr
- Percentiles
- Suppressed
Previous ₹2.1 L
Previous ₹3.07 cr
Previous ₹5.8 cr
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 type | Current | Previous | Contribution |
|---|---|---|---|
| NBFC | ₹6.88 cr | ₹17.21 L | 324% |
| Payment entity | ₹0 | ₹3.07 cr | -148.2% |
| Bank | ₹55 L | ₹2.59 cr | -98.7% |
| Co-operative bank | ₹72.23 L | ₹24.7 L | 23% |
Entity Coverage
- Declared
- 35
- Names extracted
- 35
- Canonical links
- 35
- First seen
- 3
Entity counts are breadth indicators, not action counts. One bulk order can name hundreds of companies.
Orders Still in Force
- Orders
- 48
- Entities
- 47
- Expiring next
- 8
- Duplicate entity rows
- 1
Next expiry window: 1 May 2023–31 May 2023.