The Reserve Bank of India (RBI) has taken enforcement action against 56 cooperative banks for non-compliance with statutory provisions and regulatory directions during the six-month period from December 2025 to May 2026.
According to the Financial Stability Report (FSR)- June 2026, the RBI initiated enforcement action against a total of 99 regulated entities (REs), including 5 Public Sector Banks, 7 Private Sector Banks, one Payments Bank, one Foreign Bank, one Regional Rural Bank (RRB), 56 Cooperative Banks, 21 Non-Banking Financial Companies (NBFCs), three Housing Finance Companies (HFCs) and four Payment System Operators (PSOs).
The central bank imposed an aggregate monetary penalty of Rs 8.96 crore on these entities for non-compliance with or contravention of statutory provisions and directions issued by the RBI.
The enforcement actions underline the RBI’s continued supervisory focus on ensuring regulatory compliance across the banking and financial sector, including cooperative banks.
