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PCA Framework for NBFCs: An Overview

PCA Framework for NBFCs - Prompt Corrective Action Framework

Recently, the Reserve Bank of India (RBI) came up with a Prompt Corrective Action (PCA) Framework for NBFCs with a view to introduce supervisory tools and...

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NBFC

Benefits of Account Aggregator Framework to Customers...

Benefits of Account Aggregator Framework to Customers

The account aggregator framework is a data-sharing system that will provide easy access to financial data to parties in the financial ecosystem. It is expe...

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NBFC

Company can Acquire Properties despite Cancellation of...

Company can Acquire Properties despite Cancellation of Its NBFC Registration- Kerala High Court

The Kerala High Court made a ruling that even if an entity’s NBFC license has been stripped, it shall continue to operate as a company and a legal person...

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NBFC

Lending cap on NBFCs: Will it be beneficial for small p...

Lending cap on NBFCs

The NBFC sector has witnessed massive growth in the last few years. The size of the balance sheets of NBFCs is now greater than a quarter of that of banks....

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NBFC

RBI announces Revised Regulatory Framework for NBFCs...

RBI announces Revised Regulatory Framework for NBFCs

On October 22, 2021, the Reserve Bank of India announced a scale based revised regulatory framework for NBFCs with a view to have a tight oversight of the...

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NBFC

Eligibility Requirements and Procedure of obtaining NBF...

Eligibility Requirements and Procedure of obtaining NBFC AA License

The NBFC Account Aggregator framework came into existence in 2016, wherein the account aggregators facilitate data allocation from various financial sector...

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NBFC

All you need to know about NBFC DSA Registration

All you need to know about NBFC DSA Registration

NBFC DSA denotes Non-Banking Financial Companies Direct Selling Agent. NBFC DSA Registration refers to the registration of person working as a referral age...

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NBFC

How can NBFCs use Voice AI to Create Differentiated Cus...

How can NBFCs use Voice AI to Create Differentiated Customer Experiences?

NBFCs play a significant role in financial inclusion today by extending credit to underserved retail, small businesses and consumers in India. This industr...

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