Dinesh Unnikrishnan
Bulletproof your NBFC with our Cyber Security Audit for NBFCs by expert assessment per RBI guidelines. Secured FinTech Futures of 50,000+ NBFCs.
Lending by Banks to NBFCs for On-lending to Priority Sectors: Recent RBI Guidelines and Way Forward Gold is a highly liquid asset and it was not until recently that consumers leveraged it effectively to meet their liquidity needs through the avenue of gold loan. In India, there has been an...
RBI GUIDELINES MASTER CIRCULARS 22 October, 2021 Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs29 December, 2022 Master Direction - Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016...
Borrowers will get the option to exit the digital loan by paying the principal and the proportionate APR without penalty during this period. The guidelines will be applicable to all commercial banks, primary (urban) co-operative banks, state co-operative banks, district central co-operative banks...
To identify potential risks associated with AI, if any and recommend an evaluation, mitigation and monitoring framework and consequent compliance requirements for financial institutions, including banks, NBFCs, FinTechs, PSOs, etc. To recommend a framework including governance aspects for responsible, et...
Lap Loan WHO WE ARE? Chintamani Finlease Limited is one of the fastest-growing Non-Banking Financial Company (NBFC) for Personal loan in Delhi NCR, business loans, gold loans, loan against property, and car loans. Within a span of 28+ years of operations, it has created a distinct image...
3. In terms of extant regulations, Government NBFCs have been provided time upto March 31, 2022 to adhere to the capital adequacy norms provided for NBFCs (Ref. Annex I of Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit...
The composition and functioning of the Director’s Board of an NBFC are typically governed by the regulations and guidelines set forth by the financial regulatory authority of the respective country. In many cases, these guidelines are aimed at ensuring transparency, accountability, and the protection...
However, the directions do not mention alerts for when third parties (entities not authorised by the RBI) access the CIR. Moreover, Credit Institutions (CIs), including banks and Non-Banking Financial Companies (NBFCs), are now required to provide customers with clear reasons for rejecting any...