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RBI cancels six NBFC licences in June

56th busiestof 140 comparable periods· top 40%

24 RBI action records published between 1 June 2025 and 30 June 2025: 18 fresh actions, 6 extensions of existing orders and 17 monetary-penalty actions with an amount stated, totalling ₹67.9 lakh. That is 24 records against 35 over the same 30 days of May 2025, and ₹67.9 lakh of disclosed penalty value against ₹7.37 crore.

Period complete. 30 days covered.

Action records
24

35 in May 2025

Disclosed penalties
₹67.88 L

₹7.37 cr in May 2025

Severe actions · S4–S5
7

11 · 31.4% previously

Orders in force
17

7 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 Jun0000
2 Jun0000
3 Jun5320
4 Jun0000
5 Jun4400
6 Jun2002
7 Jun1001
8 Jun0000
9 Jun2002
10 Jun0000
11 Jun0000
12 Jun1001
13 Jun0000
14 Jun0000
15 Jun0000
16 Jun0000
17 Jun0000
18 Jun0000
19 Jun1100
20 Jun1010
21 Jun0000
22 Jun0000
23 Jun0000
24 Jun0000
25 Jun0000
26 Jun5401
27 Jun0000
28 Jun0000
29 Jun0000
30 Jun2110

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 the entire fall in disclosed penalty value

Disclosed penalty value fell by ₹6.69 crore from May 2025 to June 2025. Bank penalties moved from ₹6.68 crore in May 2025 to ₹0 in June 2025, accounting for 100.0% of the decline.

02

Severe actions took a slightly smaller share of the month’s records

There were 7 severe actions in June 2025, or 29.2% of the total, compared with 11 and 31.4% in May 2025. June also had 1 cancellation and no supersession, against 3 cancellations and no supersession in May 2025.

03

Co-operative banks made up a larger share of actions

Co-operative banks accounted for 79.2% of actions in June 2025, up from 60.0% in May 2025. Their action count was 19, compared with 21 in May 2025.

04

A small group of actions held most disclosed penalty value

The five largest penalties accounted for 80.9% of the ₹67.9 lakh total. The largest was ₹29.6 lakh, while the median penalty was ₹1.0 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.

  1. Monetary penalty17 · 70.8%

    Previous 28 · 80%

  2. Business restriction6 · 25%

    Previous 3 · 8.6%

  3. Licence cancellation1 · 4.2%

    Previous 3 · 8.6%

Lifecycle

Fresh actions, extensions and withdrawals.

  1. Fresh action18 · 75%

    Previous 32 · 91.4%

  2. Extension6 · 25%

    Previous 2 · 5.7%

Entity types

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

  1. Co-operative bank19 · 79.2%

    Previous 21 · 60%

  2. NBFC4 · 16.7%

    Previous 4 · 11.4%

  3. Payment entity1 · 4.2%

Why RBI acted

Overlapping themes; one action may carry several reasons.

  1. KYC / AML9 · 37.5%

    Previous 5 · 14.3%

  2. Capital & exposure norms7 · 29.2%

    Previous 5 · 14.3%

  3. Governance & oversight6 · 25%

    Previous 9 · 25.7%

  4. Lending norms5 · 20.8%

    Previous 12 · 34.3%

  5. Licensing breach5 · 20.8%

    Previous 4 · 11.4%

  6. Reporting & disclosure5 · 20.8%

    Previous 21 · 60%

Defining Actions

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

  1. RBI imposes monetary penalty on Fino Payments Bank Limited

    Largest disclosed penaltyS3 Elevated
    20 Jun 2025₹29.6 lakhmonetary penalty

    Fino Payments Bank Limited

    RBI imposed a ₹29.6 lakh penalty on Fino Payments Bank Limited for non-compliance with RBI directions on ‘Licensing of Payments Banks’. The bank breached the regulatory end-of-day balance ceiling in certain accounts on several occasions.

    Read case briefRBI source

  3. Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak (Karnataka) - Extension of Period

    Highest severity, single entityS4 High
    26 Jun 2025business restriction

    Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak

    RBI further extended existing Section 35A / Section 56 directions against Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak. The order continues unchanged for three more months, subject to review.

    Read case briefRBI source

What It Cost

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

Median
₹1 L

Previous ₹2.3 L

Largest
₹29.6 L

Previous ₹1.73 cr

Top five
₹54.9 L

Previous ₹4.96 cr

Percentiles
Suppressed

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 typeCurrentPreviousContribution
Bank₹0₹6.68 cr100%
NBFC₹2.48 L₹40.5 L5.7%
Payment entity₹29.6 L₹0-4.4%
Co-operative bank₹35.8 L₹27.7 L-1.2%

Entity Coverage

Declared
29
Names extracted
29
Canonical links
29
First seen
7

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

Orders Still in Force

Orders
17
Entities
17
Expiring next
7
Duplicate entity rows
0

Next expiry window: 1 Jul 2025–31 Jul 2025.