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RBI cancelled 17 NBFC Certificates of Registration

20th busiestof 140 comparable periods· top 14%

37 RBI action records published between 1 February 2025 and 28 February 2025: 30 fresh actions, 5 extensions of existing orders, 2 restrictions lifted and 26 monetary-penalty actions with an amount stated, totalling ₹3.06 crore. That is 37 records against 47 over the same 28 days of January 2025, and ₹3.06 crore of disclosed penalty value against ₹8.07 crore.

Period complete. 28 days covered.

Action records
37

47 in January 2025

Disclosed penalties
₹3.06 cr

₹8.07 cr in January 2025

Severe actions · S4–S5
11

16 · 34% previously

Orders in force
27

11 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 Feb0000
2 Feb0000
3 Feb0000
4 Feb0000
5 Feb0000
6 Feb1001
7 Feb3021
8 Feb0000
9 Feb0000
10 Feb0000
11 Feb0000
12 Feb1100
13 Feb6411
14 Feb6123
15 Feb0000
16 Feb0000
17 Feb6411
18 Feb0000
19 Feb0000
20 Feb0000
21 Feb5122
22 Feb0000
23 Feb0000
24 Feb3300
25 Feb1001
26 Feb0000
27 Feb3210
28 Feb2011

What Stood Out

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

01

Banks account for most of the decline in penalty value

Disclosed penalty value fell from ₹8.07 crore in January 2025 to ₹3.06 crore in February 2025, a reduction of ₹5.01 crore. Banks accounted for ₹2.09 crore in February 2025 and 95.3% of the decline, while co-operative banks accounted for 13.2%.

02

Severe actions took a smaller share than in January

There were 11 severe actions, or 29.7% of the total, and the severity average was 2.3. January 2025 had 16 severe actions, or 34.0%; February recorded 2 cancellations and 1 supersession, compared with 3 cancellations and 1 supersession in January.

03

Penalty awards were smaller and less concentrated

The 26 monetary-penalty actions had a median penalty of ₹1.9 lakh and a maximum of ₹66.6 lakh. The five largest penalties made up 76.3% of disclosed value, compared with 85.1% in January 2025.

04

Eleven existing orders were due to expire in March

The in-force stock comprised 27 orders covering 26 entities. Eleven were due to expire between 1 March 2025 and 31 March 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 penalty26 · 70.3%

    Previous 31 · 66%

  2. Business restriction6 · 16.2%

    Previous 8 · 17%

  3. Action lifted2 · 5.4%

    Previous 4 · 8.5%

  4. Licence cancellation2 · 5.4%

    Previous 3 · 6.4%

  5. Board supersession1 · 2.7%

    Previous 1 · 2.1%

Lifecycle

Fresh actions, extensions and withdrawals.

  1. Fresh action30 · 81.1%

    Previous 35 · 74.5%

  2. Extension5 · 13.5%

    Previous 8 · 17%

  3. Lifted / withdrawn2 · 5.4%

    Previous 4 · 8.5%

Entity types

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

  1. Co-operative bank23 · 62.2%

    Previous 33 · 70.2%

  2. Bank7 · 18.9%

    Previous 5 · 10.6%

  3. NBFC7 · 18.9%

    Previous 9 · 19.1%

Why RBI acted

Overlapping themes; one action may carry several reasons.

  1. Reporting & disclosure22 · 59.5%

    Previous 22 · 46.8%

  2. Lending norms10 · 27%

    Previous 13 · 27.7%

  3. Customer protection9 · 24.3%

    Previous 11 · 23.4%

  4. KYC / AML9 · 24.3%

    Previous 15 · 31.9%

  5. Governance & oversight7 · 18.9%

    Previous 13 · 27.7%

  6. Licensing breach5 · 13.5%

    Previous 2 · 4.3%

Defining Actions

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

What It Cost

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

Median
₹1.88 L

Previous ₹2.1 L

Largest
₹66.6 L

Previous ₹3.32 cr

Top five
₹2.33 cr

Previous ₹6.87 cr

95th percentile
₹61.4 L

Previous ₹1.64 cr

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₹2.09 cr₹6.87 cr95.3%
Co-operative bank₹49.35 L₹1.15 cr13.2%
NBFC₹47.25 L₹4.6 L-8.5%

Entity Coverage

Declared
53
Names extracted
52
Canonical links
52
First seen
20

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
27
Entities
26
Expiring next
11
Duplicate entity rows
1

Next expiry window: 1 Mar 202531 Mar 2025.