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RBI tightens regulatory framework for NBFCs on Loans an...

RBI tightens regulatory framework for NBFCs on Loans and Advances

On 19th April, 2022 the Reserve Bank of India notified about certain regulatory changes for NBFCs by amending the circular that it had issued in October 20...

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Large Exposure Framework for NBFC-UL

NBFC-UL

The central bank has released four separate circulars viz. Large exposures framework for NBFCs- Upper Layer (NBFC-UL), scale based regulations for capital...

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NBFC

All you need to know about Account Aggregator System in...

Account aggregator system in India

Last year the RBI launched the account aggregator system in India as part of a move aimed at digital transformation in financial services. It provides grea...

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NBFC

RBI may permit NBFCs to issue credit cards: Reports...

NBFCs to issue credit cards

Till date Non-Banking Financing Companies (NBFCs) have the permission of only issuing co-branded credit cards. According to some reports, RBI may allow NBF...

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NBFC

Guidelines on Certificate of Registration for Factoring...

Factoring Business

The Reserve Bank of India (RBI) on 17th of January, 2022 came out with regulations on Registration of Factors (Reserve Bank) Regulation, 2022. These regula...

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NBFC

Decoding the Growth of NBFCs in India

NBFCs in India

Non-Banking Financial Companies have taken major strides in terms of their scale and diversity of operations. Now they play a crucial role in the promotion...

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NBFC

Internal Capital Adequacy Assessment Process (ICAAP) fo...

ICAAP

Banks must follow the internal capital adequacy assessment process in order to perform risk assessment. The RBI has placed the ICAAP requirement for middle...

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RBI extends timelines for NBFCs to comply with strict b...

bad loan

The Reserve Bank of India gave non-bank lenders extended time to adhere to the new rules for upgradation of non-performing loans to standard assets. The RB...

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