NBFC annual compliance is basically a requirement issued by the RBI that every NBFC has to confirm after obtaining its NBFC License.
In an annual review, a NBFC shall carry out compliance risk assessment in order to identify the major compliance risks faced by them and make a plan to mitigate the risks. The report must cover the progress in implementations of recommendations given by RBI inspection reports and various audits...
2024, from the previous quarter which noted 148 million subscribers in its 5G network. As per the company’sQ3FY25 earnings report, this accounts for 40% of its wireless data traffic. Data traffic grew 22% year-over-year from 38.1 billion GB of data in Q3FY24. Per capita data consumptio...
D. A NBFC will generally be placed under PCA Framework based on the audited Annual Financial Results and/or the Supervisory Assessment made by the RBI. However, the RBI may impose PCA on any NBFC during the course of a year (including migration from one threshold...