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RBI cancels 35 NBFC Certificates of Registration in January

56th busiestof 140 comparable periods· top 40%

24 RBI action records published between 1 January 2026 and 31 January 2026: 12 fresh actions, 11 extensions of existing orders, 1 restriction lifted and 11 monetary-penalty actions with an amount stated, totalling ₹19.6 lakh. That is 24 records against 28 over the same 31 days of December 2025, and ₹19.6 lakh of disclosed penalty value against ₹1.91 crore.

Period complete. 31 days covered.

Action records
24

28 in December 2025

Disclosed penalties
₹19.6 L

₹1.91 cr in December 2025

Severe actions · S4–S5
12

12 · 42.9% previously

Orders in force
29

2 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 Jan0000
2 Jan1001
3 Jan0000
4 Jan0000
5 Jan3300
6 Jan1001
7 Jan3102
8 Jan1100
9 Jan0000
10 Jan0000
11 Jan0000
12 Jan2002
13 Jan0000
14 Jan0000
15 Jan0000
16 Jan0000
17 Jan0000
18 Jan0000
19 Jan1100
20 Jan1001
21 Jan0000
22 Jan5221
23 Jan2002
24 Jan0000
25 Jan0000
26 Jan0000
27 Jan0000
28 Jan2002
29 Jan1100
30 Jan1010
31 Jan0000

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 disclosed penalty value

Disclosed penalty value fell from ₹1.91 crore in December 2025 to ₹19.6 lakh, a decline of ₹1.71 crore. Banks moved from ₹1.61 crore across 2 actions to ₹0, accounting for 94.3% of the decline.

02

Severe actions made up a larger share of the January records

January had 12 severe actions, or 50.0% of the total, compared with 12 and 42.9% in December 2025. The average severity score was 2.63.

03

NBFCs took a larger share of the action records

NBFCs accounted for 7 actions, or 29.2% of the January total, up from 5 actions and 17.9% in December 2025. Their share increased by 11.3 percentage points.

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. Business restriction11 · 45.8%

    Previous 9 · 32.1%

  2. Monetary penalty11 · 45.8%

    Previous 18 · 64.3%

  3. Action lifted1 · 4.2%
  4. Licence cancellation1 · 4.2%

    Previous 1 · 3.6%

Lifecycle

Fresh actions, extensions and withdrawals.

  1. Fresh action12 · 50%

    Previous 23 · 82.1%

  2. Extension11 · 45.8%

    Previous 5 · 17.9%

  3. Lifted / withdrawn1 · 4.2%

Entity types

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

  1. Co-operative bank17 · 70.8%

    Previous 20 · 71.4%

  2. NBFC7 · 29.2%

    Previous 5 · 17.9%

Why RBI acted

Overlapping themes; one action may carry several reasons.

  1. Other11 · 45.8%

    Previous 3 · 10.7%

  2. Reporting & disclosure8 · 33.3%

    Previous 14 · 50%

  3. Lending norms5 · 20.8%

    Previous 8 · 28.6%

  4. Capital & exposure norms3 · 12.5%

    Previous 8 · 28.6%

  5. Governance & oversight2 · 8.3%

    Previous 11 · 39.3%

  6. KYC / AML2 · 8.3%

    Previous 7 · 25%

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 Shri Kanyaka Nagari Sahakari Bank Ltd., Chandrapur, Maharashtra

    Largest disclosed penaltyS2 Moderate
    22 Jan 2026₹8.0 lakhmonetary penalty

    Shri Kanyaka Nagari Sahakari Bank Ltd., Chandrapur, Maharashtra

    RBI imposed a monetary penalty on Shri Kanyaka Nagari Sahakari Bank Ltd., Chandrapur, Maharashtra. The bank sanctioned loans to builders/contractors that were partly utilized for acquisition of land, in breach of RBI directions on ‘Advances to Builders/Contractors’.

    Read case briefRBI source

  3. Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Sonpeth Nagari Sahakari Bank Maryadit, Sonpeth, Dist. Parbhani, Maharashtra – Extension of Period

    Highest severity, single entityS4 High
    28 Jan 2026business restriction

    Sonpeth Nagari Sahakari Bank Maryadit

    RBI extended its existing Section 35A read with Section 56 directions on Sonpeth Nagari Sahakari Bank Maryadit for another three months. The order states all other terms and conditions remain unchanged.

    Read case briefRBI source

What It Cost

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

Median
₹1 L

Previous ₹2.05 L

Largest
₹8 L

Previous ₹99.3 L

Top five
₹15.8 L

Previous ₹1.74 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₹1.61 cr94.3%
NBFC₹5 L₹14.8 L5.7%
Co-operative bank₹14.6 L₹14.48 L-0.1%

Entity Coverage

Declared
58
Names extracted
57
Canonical links
57
First seen
6

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
29
Entities
29
Expiring next
2
Duplicate entity rows
0

Next expiry window: 1 Feb 2026–28 Feb 2026.