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 | 9 | 2 | 3 | 4 |
| 8 Apr | 7 | 2 | 3 | 2 |
| 15 Apr | 16 | 1 | 10 | 5 |
| 22 Apr | 17 | 7 | 3 | 7 |
| 29 Apr | 9 | 7 | 1 | 1 |
| 6 May | 6 | 4 | 1 | 1 |
| 13 May | 5 | 1 | 2 | 2 |
| 20 May | 9 | 1 | 3 | 5 |
| 27 May | 11 | 1 | 3 | 7 |
| 3 Jun | 5 | 1 | 1 | 3 |
| 10 Jun | 18 | 8 | 0 | 10 |
| 17 Jun | 1 | 0 | 0 | 1 |
| 24 Jun | 4 | 2 | 1 | 1 |
What Stood Out
Each finding is grounded in precomputed metrics. Open it to inspect the supporting numbers and the limits of the claim.
Banks and co-operative banks drove the disclosed penalty decline
Disclosed penalties fell by ₹2.99 crore, from ₹14.19 crore in Q1 2024 to ₹11.20 crore in Q2 2024. Bank penalties were ₹7.53 crore against ₹9.14 crore, while co-operative-bank penalties were ₹2.98 crore against ₹4.55 crore; their shares of the decline were 53.9% and 52.5%.
The penalty distribution shifted toward smaller typical amounts
The median penalty was ₹2.5 lakh, down from ₹5.0 lakh in Q1 2024. The 90th percentile was ₹59.1 lakh against ₹63.3 lakh, and the 95th percentile was ₹96.4 lakh against ₹1.20 crore; the largest penalty was ₹1.46 crore against ₹2.00 crore.
Severe actions made up a slightly smaller share
There were 49 severe actions, representing 41.9% of the total, compared with 50 actions and 43.1% in Q1 2024. The average severity score was 2.61.
A standing stock of orders carried into the next quarter
There were 37 orders in force across 36 entities. Thirty orders were due to expire between 1 July 2024 and 30 September 2024.
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 penalty75 · 64.1%
Previous 72 · 62.1%
- Business restriction37 · 31.6%
Previous 34 · 29.3%
- Licence cancellation4 · 3.4%
Previous 7 · 6%
- Action lifted1 · 0.9%
Previous 1 · 0.9%
Lifecycle
Fresh actions, extensions and withdrawals.
- Fresh action87 · 74.4%
Previous 82 · 70.7%
- Extension29 · 24.8%
Previous 33 · 28.4%
- Lifted / withdrawn1 · 0.9%
Previous 1 · 0.9%
Entity types
Action records by regulated-entity class, not entities affected.
- Co-operative bank95 · 81.2%
Previous 92 · 79.3%
- Bank12 · 10.3%
Previous 12 · 10.3%
- NBFC10 · 8.5%
Previous 10 · 8.6%
Why RBI acted
Overlapping themes; one action may carry several reasons.
- Reporting & disclosure66 · 56.4%
Previous 55 · 47.4%
- Governance & oversight31 · 26.5%
Previous 24 · 20.7%
- Capital & exposure norms30 · 25.6%
Previous 30 · 25.9%
- Lending norms30 · 25.6%
Previous 29 · 25%
- Other29 · 24.8%
Previous 31 · 26.7%
- Customer protection24 · 20.5%
Previous 22 · 19%
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 Central Bank of India
14 Jun 2024₹1.46 croremonetary penaltyCentral Bank of India
Central Bank of India received the largest disclosed penalty, ₹1.46 crore, for non-compliance with RBI directions on loans and advances, and customer protection for unauthorised electronic banking transactions.
RBI cancels Certificate of Registration of Four NBFCs
5 Apr 2024licence cancellationKundles Motor Finance Private Limited
RBI cancelled the Certificate of Registration of four NBFCs under Section 45-IA(6) of the RBI Act, 1934. The companies are barred from transacting NBFC business.
RBI cancels the licence of The City Co-operative Bank Ltd., Mumbai, Maharashtra
19 Jun 2024licence cancellationThe City Co-operative Bank Ltd., Mumbai, Maharashtra
RBI cancelled the bank’s licence because it lacked adequate capital and earning prospects and failed to meet licensing requirements under the Banking Regulation Act. RBI also said the bank’s continuance was prejudicial to depositors and public interest.
15 NBFCs surrender their Certificate of Registration to RBI
10 May 2024action lifted15 Non-Banking Financial Companies (NBFCs)
The listed NBFCs surrendered their Certificates of Registration, and RBI cancelled the CoRs. The cancellations were due to exit from NBFI business or the entities ceasing to exist because of amalgamation, merger, dissolution, or voluntary strike-off.
What It Cost
75 actions had a disclosed amount. Totals and distribution shape are kept separate from action volume.
- Median
- ₹2.5 L
- Largest
- ₹1.46 cr
- Top five
- ₹5.33 cr
- 95th percentile
- ₹96.4 L
Previous ₹5 L
Previous ₹2 cr
Previous ₹6.93 cr
Previous ₹1.2 cr
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 | ₹7.53 cr | ₹9.14 cr | 53.9% |
| Co-operative bank | ₹2.98 cr | ₹4.55 cr | 52.5% |
| NBFC | ₹68.4 L | ₹49.4 L | -6.4% |
Entity Coverage
- Declared
- 135
- Names extracted
- 135
- Canonical links
- 135
- First seen
- 42
Entity counts are breadth indicators, not action counts. One bulk order can name hundreds of companies.
Orders Still in Force
- Orders
- 37
- Entities
- 36
- Expiring next
- 30
- Duplicate entity rows
- 1
Next expiry window: 1 Jul 2024–30 Sept 2024.