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Internal Audit

Environmental Services Audit Checklist

Environmental Services Audit Checklist

The environment in which we live is of crucial importance. We cannot take any kind of risks when it comes to the environment because it is where we live an...

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NBFC Compliance

RBI Compliance for NBFC AA

RBI Compliance for NBFC AA

In recent years, RBI disclosed and displayed publically that the NBFC AA (Account Aggregator) network is a financial data-sharing system that has revolutio...

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Digital Lending

Default Loss Guarantee

Default Loss Guarantee

Recent instructions about Default Loss Guarantee (DLG) in Digital Lending were released by the Reserve Bank of India (RBI). These rules are meant to apply...

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SEBI

Adjudication order in the matter of inspection of Yes S...

Adjudication order in the matter of inspection of Yes Securities India Ltd

SEBI jointly with the Stock Exchanges (NSE, BSE and MCX) had conducted inspection of documents and other records of Yes Securities (India) Ltd Under Sectio...

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NBFC

Raising money through private placement of NCDs by appl...

Raising money through private placement of NCDs by applicable NBFCs

NBFC must comply with both the RBI and the Companies Act 2013 requirements to operate. Even though both regulators work best together when possible, this i...

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NBFC

Guidelines for Relief Measures in the Areas Affected by...

Guidelines for Relief Measures in the Areas Affected by Natural Calamities by NBFCs

The Reserve Bank has issued guidelines to banks regarding matters relating to relief measures to be provided in areas affected by natural calamities. It ha...

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NBFC

Managing Risks and Code of Conduct in Outsourcing of Fi...

Managing Risks and Code of Conduct in Outsourcing of Financial Services by NBFCs

The Reserve Bank of India, acting in accordance with the authority granted to it by Section 45 L of the Reserve Bank of India Act, 1934, and to establish t...

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Finance & Accounting

AS 22 – Accounting for Taxes on Income

AS 22 - Accounting for Taxes on Income

Accounting Standard 22's main goal is to specify how income taxes should be treated in accounting. Taxable and accounting income may differ greatly, making...

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