guidelines provide an approach to cyber security for NBFCs to encompass information security, cyber security, operations and regular system audits to enhance the ability of NBFCs to combat evolving cyber threats. NBFCs must strengthen their security protocols, putting the protection of their clients ...
RBI Rules Are Stifling NBFCs ; R. Thyagarajan, Founder, Shriram Group Says It Is Not the Lack of Regulation That Is Fostering Such Scams but Unbridled RBI RegulationR. Thyagarajan
In India, the primary responsibility of ensuring financial inclusion lies with the commercial banks subject to guidelines of the central bank (RBI). However... Arup Mukherjee,Sabyasachi Chakraborty - 《International Journal on Research & Development A Management Review》 ...
Innovation has allowed new ways for credit delivery to be fashioned, and the RBI guidelines now ensure that any abuse by the players involved is prevented and the borrower is secure. It is clear that the same will apply for any kind of fintech innovation, and the customer’s protection will...
nbfc分类:A.按负债类型分为存款和非存款;B.非存款业务将nbfc按规模纳入具有系统重要性的公司和其他非存款控股公司(NBFC-NDSI and NBFC-ND) ;C.通过他们进行的那种活动。 在这种广泛的分类中,不同类型的NBFC如下: Asset Finance Company(AFC)资产融资
1. Guidelines for digital lending to protect borrowers issued by RBI. As per the new guidelines by RBI, regulated entities cannot store borrowers' data except for some basic minimal information. The lender can now only store information like the name, address, contact details of the customer, ...
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...
The Reserve Bank of India (RBI) logo is displayed outside the central bank in Mumbai, India, on Tuesday, March 3, 2020. RBI Governor Shaktikanta Das said he's ready to act to shield the economy from the coronavirus and reiterated there's room to cut interest ...
“From all registered or licensed lenders with the RBI, the banks and the NBFCs, we have collected the list of apps and have given it to the government, the Ministry of Information and Technology, which has uploaded it on their website. […] Now, it’s a long list. The responsibility...
The RBI annually publishes the applicable guidelines for FFMC in the form of a master circular called the Memorandum of Instruction on Money Changing Activities. What are the Types of Money Changers? The different types of authorized money changers or dealers are the businesses granted Full ...