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Grants under IFSCA (FinTech Incentive) Scheme, 2022...

IFSCA (FinTech Incentive) Scheme

IFSCA is a statutory body established under the International Financial Services Centres Act, 2019[1]. It is established to develop and regulate India's fi...

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NBFC

How Technology Improves Credit Risk Underwriting Proces...

Credit Risk Underwriting

The NBFC sector has witnessed a drastic shift in the lending landscape post-digitalisation. This sector has incorporated automation in its various operatio...

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NBFC

What Functions Does a DSA of NBFC Play?

DSA of NBFC

This blog focuses on understanding the role of the DSA of NBFC. When an individual applies for a loan from a bank or NBFC[1]to start or upscale the busines...

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NBFC

CERSAI Registration for NBFC: Requirements and Procedur...

CERSAI Registration for NBFC

For growth and economic development, businesses borrow money or take credit for scaling the businesses to their potential. To bring money to the firm, they...

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NBFC

A Complete Analysis of RBI Exposure Norms for NBFC in I...

A Complete Analysis of RBI Exposure Norms for NBFC in India

Non-Banking Financial Company (Commonly abbreviated as NBFC) is a company registered under the Companies Act, 2013, who is engaged in the busines...

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NBFC

State Moneylending Acts Shall Not Apply To NBFCs: SC Ru...

State Moneylending Acts Shall Not Apply To NBFCs: SC Ruling on NBFCs

The Supreme Court of India recently stated that state enactments such as Kerala Money Lenders Act, 1958 and Gujarat Money Lenders Act, 2011 shall have no a...

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NBFC

Factors to Be Considered While Designing NBFCs Recovery...

An overview of NBFCs Recovery Mechanism

Introduction   The importance of Non-banking finance companies (NBFCs) in a developing economy like India cannot be ignored. NBFCs play a crucial...

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NBFC

RBI’s Scale based regulations for NBFCs

RBI’s Scale based regulations for NBFCs

India’s central bank (RBI) has released guidelines on 19th April, 2022 with respect to the Scale based regulations for the Non-Banking Financial Companie...

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