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 Mar | 0 | 0 | 0 | 0 |
| 2 Mar | 0 | 0 | 0 | 0 |
| 3 Mar | 0 | 0 | 0 | 0 |
| 4 Mar | 1 | 0 | 1 | 0 |
| 5 Mar | 2 | 0 | 1 | 1 |
| 6 Mar | 1 | 0 | 0 | 1 |
| 7 Mar | 2 | 0 | 0 | 2 |
| 8 Mar | 1 | 0 | 0 | 1 |
| 9 Mar | 0 | 0 | 0 | 0 |
| 10 Mar | 0 | 0 | 0 | 0 |
| 11 Mar | 1 | 0 | 0 | 1 |
| 12 Mar | 0 | 0 | 0 | 0 |
| 13 Mar | 5 | 0 | 2 | 3 |
| 14 Mar | 1 | 0 | 0 | 1 |
| 15 Mar | 0 | 0 | 0 | 0 |
| 16 Mar | 0 | 0 | 0 | 0 |
| 17 Mar | 0 | 0 | 0 | 0 |
| 18 Mar | 0 | 0 | 0 | 0 |
| 19 Mar | 2 | 0 | 0 | 2 |
| 20 Mar | 1 | 0 | 0 | 1 |
| 21 Mar | 5 | 2 | 3 | 0 |
| 22 Mar | 1 | 0 | 0 | 1 |
| 23 Mar | 0 | 0 | 0 | 0 |
| 24 Mar | 0 | 0 | 0 | 0 |
| 25 Mar | 0 | 0 | 0 | 0 |
| 26 Mar | 5 | 3 | 1 | 1 |
| 27 Mar | 5 | 4 | 1 | 0 |
| 28 Mar | 0 | 0 | 0 | 0 |
| 29 Mar | 0 | 0 | 0 | 0 |
| 30 Mar | 0 | 0 | 0 | 0 |
| 31 Mar | 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.
Severe actions made up a larger share than in February
There were 15 severe actions, or 45.5%, versus 19 and 42.2% in February 2024. March included one cancellation and no supersession, compared with four cancellations and no supersessions in February 2024.
Banks were the only entity type with higher disclosed penalty value
Bank penalty value was ₹3.66 crore across 4 actions, up from ₹2.98 crore across 3 in February 2024. Co-operative bank value fell to ₹1.46 crore from ₹1.92 crore, across 15 actions versus 22; NBFC value fell to ₹13.6 lakh from ₹29.8 lakh, across 1 versus 3.
Twelve in-force orders were due to expire in April
The in-force stock stood at 32 orders across 32 entities at the end of March 2024. Twelve were due to expire between 1 April 2024 and 30 April 2024.
The largest penalties accounted for most disclosed value
The maximum disclosed penalty was ₹1.41 crore, or 26.8% of total disclosed penalty value. The top five penalties accounted for 81.0%, while the median penalty was ₹5.5 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 penalty20 · 60.6%
Previous 28 · 62.2%
- Business restriction10 · 30.3%
Previous 12 · 26.7%
- Cease & desist2 · 6.1%
- Licence cancellation1 · 3%
Previous 4 · 8.9%
Lifecycle
Fresh actions, extensions and withdrawals.
- Fresh action23 · 69.7%
Previous 32 · 71.1%
- Extension10 · 30.3%
Previous 12 · 26.7%
Entity types
Action records by regulated-entity class, not entities affected.
- Co-operative bank24 · 72.7%
Previous 35 · 77.8%
- Bank5 · 15.2%
Previous 4 · 8.9%
- NBFC4 · 12.1%
Previous 5 · 11.1%
Why RBI acted
Overlapping themes; one action may carry several reasons.
- Reporting & disclosure18 · 54.5%
Previous 21 · 46.7%
- Lending norms10 · 30.3%
Previous 11 · 24.4%
- Other10 · 30.3%
Previous 11 · 24.4%
- Governance & oversight7 · 21.2%
Previous 9 · 20%
- Customer protection5 · 15.2%
Previous 7 · 15.6%
- Capital & exposure norms3 · 9.1%
Previous 13 · 28.9%
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 Bank of India
13 Mar 2024₹1.41 croremonetary penaltyBank of India
The record carried the period’s largest disclosed penalty, ₹1.41 crore, for multiple compliance failures, including deposit interest payment, customer service charges, lending rate reset/benchmarking, CRILC reporting, and furnishing inaccurate information to CICs.
RBI cancels Certificate of Registration of Four NBFCs
11 Mar 2024licence cancellationNimisha Finance India Private Limited
RBI cancelled the Certificate of Registration of four NBFCs under Section 45-IA(6) of the RBI Act, 1934. It was the period’s widest order by entities declared.
RBI imposes monetary penalty on The Janalaxmi Co-operative Bank Limited, Nashik
26 Mar 2024₹59.9 lakhmonetary penaltyThe Janalaxmi Co-operative Bank Limited, Nashik
The record was the highest-severity single-entity action, with a ₹59.9 lakh penalty for non-compliance with directions on Board of Management constitution, exposure norms/statutory restrictions, and a specific Supervisory Action Framework order.
What It Cost
20 actions had a disclosed amount. Totals and distribution shape are kept separate from action volume.
- Median
- ₹5.5 L
- Largest
- ₹1.41 cr
- Top five
- ₹4.26 cr
- Percentiles
- Suppressed
Previous ₹3.75 L
Previous ₹2 cr
Previous ₹4.05 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 |
|---|---|---|---|
| Bank | ₹3.66 cr | ₹2.98 cr | 1,281.6% |
| Co-operative bank | ₹1.46 cr | ₹1.92 cr | -873.6% |
| NBFC | ₹13.6 L | ₹29.8 L | -308% |
Entity Coverage
- Declared
- 36
- Names extracted
- 36
- Canonical links
- 36
- First seen
- 6
Entity counts are breadth indicators, not action counts. One bulk order can name hundreds of companies.
Orders Still in Force
- Orders
- 32
- Entities
- 32
- Expiring next
- 12
- Duplicate entity rows
- 0
Next expiry window: 1 Apr 2024–30 Apr 2024.