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RBI cancelled a bank licence and 36 NBFC registrations

17th busiestof 47 comparable periods· top 36%

79 RBI action records published between 1 January 2026 and 31 March 2026: 62 fresh actions, 15 extensions of existing orders, 2 restrictions lifted and 53 monetary-penalty actions with an amount stated, totalling ₹5.36 crore. That is 79 records against 90 over the same 90 days of Q4 2025, and ₹5.36 crore of disclosed penalty value against ₹4.53 crore.

Period complete. 90 days covered.

Action records
79

90 in Q4 2025

Disclosed penalties
₹5.36 cr

₹4.53 cr in Q4 2025

Severe actions · S4–S5
28

34 · 37.8% previously

Orders in force
32

29 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
29 Dec1001
5 Jan8503
12 Jan2002
19 Jan9324
26 Jan4112
2 Feb8611
9 Feb11254
16 Feb2110
23 Feb7421
2 Mar4202
9 Mar7214
16 Mar2020
23 Mar11614
30 Mar3120

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 accounted for most of the increase in penalty value

Disclosed penalty value was ₹5.36 crore, up from ₹4.53 crore in Q4 2025, a rise of ₹82.8 lakh. Banks accounted for ₹4.14 crore across 8 actions, against ₹3.24 crore across 5 actions in Q4 2025. Their 108.7% share of the change exceeded the total because co-operative banks and NBFCs moved the other way.

02

The penalty mix shifted toward larger mid and upper range amounts

There were 53 monetary penalty actions with an amount stated, against 57 in Q4 2025. The median rose to ₹2.0 lakh from ₹1.5 lakh, the 90th percentile to ₹32.5 lakh from ₹25.0 lakh, and the 95th percentile to ₹63.6 lakh from ₹62.0 lakh, while the maximum fell to ₹95.4 lakh from ₹99.3 lakh. The top five accounted for 59.7% of value, down from 71.5%.

03

Severe actions took a smaller share of the quarter’s records

There were 28 severe actions, or 35.4%, down from 34 actions, or 37.8%, in Q4 2025. The average severity score was 2.42. There were 5 cancellations, unchanged from Q4 2025, and no supersessions, compared with 2 in Q4 2025.

04

Co-operative banks made up a smaller share of enforcement records

Co-operative banks accounted for 52 actions, or 65.8%, down from 71 actions, or 78.9%, in Q4 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 penalty53 · 67.1%

    Previous 57 · 63.3%

  2. Business restriction19 · 24.1%

    Previous 24 · 26.7%

  3. Licence cancellation5 · 6.3%

    Previous 5 · 5.6%

  4. Action lifted2 · 2.5%

    Previous 2 · 2.2%

Lifecycle

Fresh actions, extensions and withdrawals.

  1. Fresh action62 · 78.5%

    Previous 72 · 80%

  2. Extension15 · 19%

    Previous 16 · 17.8%

  3. Lifted / withdrawn2 · 2.5%

    Previous 2 · 2.2%

Entity types

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

  1. Co-operative bank52 · 65.8%

    Previous 71 · 78.9%

  2. NBFC16 · 20.3%

    Previous 13 · 14.4%

  3. Bank8 · 10.1%

    Previous 6 · 6.7%

  4. Payment entity3 · 3.8%

Why RBI acted

Overlapping themes; one action may carry several reasons.

  1. Reporting & disclosure38 · 48.1%

    Previous 38 · 42.2%

  2. Lending norms17 · 21.5%

    Previous 24 · 26.7%

  3. KYC / AML16 · 20.3%

    Previous 25 · 27.8%

  4. Other16 · 20.3%

    Previous 13 · 14.4%

  5. Capital & exposure norms15 · 19%

    Previous 24 · 26.7%

  6. Customer protection15 · 19%

    Previous 19 · 21.1%

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 Union Bank of India

    Largest disclosed penaltyS4 High
    27 Mar 2026₹95.4 lakhmonetary penalty

    Union Bank of India

    RBI imposed the period’s largest disclosed monetary penalty on Union Bank of India. It cited non-compliance with RBI directions on limiting customer liability in unauthorised electronic banking transactions and on automation of income recognition, asset classification and provisioning processes.

What It Cost

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

Median
₹2 L

Previous ₹1.5 L

Largest
₹95.4 L

Previous ₹99.3 L

Top five
₹3.2 cr

Previous ₹3.24 cr

95th percentile
₹63.6 L

Previous ₹61.95 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₹4.14 cr₹3.24 cr108.7%
Co-operative bank₹58.85 L₹1.02 cr-52.7%
Payment entity₹38 L₹045.9%
NBFC₹25.14 L₹26.7 L-1.9%

Entity Coverage

Declared
154
Names extracted
153
Canonical links
153
First seen
76

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
32
Entities
32
Expiring next
29
Duplicate entity rows
0

Next expiry window: 1 Apr 202630 Jun 2026.