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RBI cancelled a co-operative bank’s licence and four NBFC registrations

5th busiestof 140 comparable periods· top 4%

52 RBI action records published between 1 December 2024 and 31 December 2024: 39 fresh actions, 10 extensions of existing orders, 3 restrictions lifted and 36 monetary-penalty actions with an amount stated, totalling ₹1.92 crore. That is 52 records against 50 over the same 31 days of November 2024, and ₹1.92 crore of disclosed penalty value against ₹1.81 crore.

Period complete. 31 days covered.

Action records
52

50 in November 2024

Disclosed penalties
₹1.92 cr

₹1.81 cr in November 2024

Severe actions · S4–S5
13

13 · 26% previously

Orders in force
30

12 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 Dec4121
3 Dec0000
4 Dec1001
5 Dec3210
6 Dec1001
7 Dec0000
8 Dec0000
9 Dec3111
10 Dec3003
11 Dec1001
12 Dec4310
13 Dec2002
14 Dec0000
15 Dec0000
16 Dec4220
17 Dec1100
18 Dec1001
19 Dec5320
20 Dec2020
21 Dec0000
22 Dec0000
23 Dec6231
24 Dec0000
25 Dec0000
26 Dec4310
27 Dec0000
28 Dec0000
29 Dec0000
30 Dec6141
31 Dec1100

What Stood Out

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

01

Co-operative banks carried the increase in disclosed penalty value

Disclosed penalty value rose from ₹1.81 crore to ₹1.92 crore, an increase of ₹10.7 lakh. Co-operative bank penalties rose from ₹55.6 lakh to ₹1.08 crore across 33 actions, while bank penalties fell from ₹1.21 crore to ₹63.7 lakh.

02

Penalty values were less concentrated despite a higher median

The median penalty was ₹2.8 lakh, up from ₹1.4 lakh, while the largest was ₹36.4 lakh, down from ₹61.4 lakh. The five largest actions made up 59.3% of disclosed value, versus 75.4% in November 2024.

03

Severe actions held roughly the same share of the month

There were 13 severe actions, a 25.0% share, versus 13 and 26.0% in November 2024. RBI recorded 3 cancellations and no supersessions, versus 2 cancellations and 1 supersession.

04

Twelve in-force orders were due to expire in January

The in-force stock comprised 30 orders covering 30 entities. Twelve were due to expire between 1 January 2025 and 31 January 2025.

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 penalty36 · 69.2%

    Previous 38 · 76%

  2. Business restriction10 · 19.2%

    Previous 8 · 16%

  3. Action lifted3 · 5.8%

    Previous 1 · 2%

  4. Licence cancellation3 · 5.8%

    Previous 2 · 4%

Lifecycle

Fresh actions, extensions and withdrawals.

  1. Fresh action39 · 75%

    Previous 40 · 80%

  2. Extension10 · 19.2%

    Previous 9 · 18%

  3. Lifted / withdrawn3 · 5.8%

    Previous 1 · 2%

Entity types

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

  1. Co-operative bank45 · 86.5%

    Previous 45 · 90%

  2. NBFC5 · 9.6%

    Previous 3 · 6%

  3. Bank2 · 3.8%

    Previous 2 · 4%

Why RBI acted

Overlapping themes; one action may carry several reasons.

  1. Reporting & disclosure24 · 46.2%

    Previous 29 · 58%

  2. Lending norms21 · 40.4%

    Previous 17 · 34%

  3. Capital & exposure norms15 · 28.8%

    Previous 7 · 14%

  4. Governance & oversight12 · 23.1%

    Previous 13 · 26%

  5. KYC / AML11 · 21.2%

    Previous 17 · 34%

  6. Customer protection10 · 19.2%

    Previous 7 · 14%

Defining Actions

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

  1. RBI cancels the licence of The Vaishali Shahari Vikas Co-operative Bank Ltd., Hajipur, Dist. Vaishali

    Highest severity, single entityS5 Severe
    30 Dec 2024licence cancellation

    The Vaishali Shahari Vikas Co-operative Bank Ltd., Hajipur, Dist. Vaishali

    RBI cancelled the licence of The Vaishali Shahari Vikas Co-operative Bank Ltd., Hajipur, Dist. Vaishali. The bank lacked adequate capital and earning prospects and failed to meet several statutory requirements under the Banking Regulation Act, 1949. RBI said its continuance was prejudicial to depositors and public interest.

What It Cost

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

Median
₹2.75 L

Previous ₹1.38 L

Largest
₹36.4 L

Previous ₹61.4 L

Top five
₹1.14 cr

Previous ₹1.36 cr

95th percentile
₹27.3 L

Previous ₹59.2 L

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₹63.7 L₹1.21 cr-533.3%
Co-operative bank₹1.08 cr₹55.59 L490.3%
NBFC₹20 L₹4.75 L142.9%

Entity Coverage

Declared
56
Names extracted
56
Canonical links
56
First seen
28

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

Orders Still in Force

Orders
30
Entities
30
Expiring next
12
Duplicate entity rows
0

Next expiry window: 1 Jan 202531 Jan 2025.