Draft RBI Guidelines for NBFC Lending — Key Takeaways

RBI’s proposed framework introduces threshold-based board approvals for lending to related parties, promoting both flexibility and accountability. NBFCs gain operational ease for smaller exposures, but…

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NBFCs vs Banks: Understanding the Key Differences and Opportunities

Introduction In today’s financial ecosystem, both Banks and Non-Banking Financial Companies (NBFCs) play a crucial role in driving economic growth. While banks remain the backbone…

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NBFCs Are Quietly Rewriting Their Funding Playbook

A quiet but meaningful shift is underway in how Indian non-banking financial companies (NBFCs) are sourcing funds. So far in 2025, offshore syndicated loans to…

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FAQ on Prepaid Payment Instruments (PPIs)

1. Under what powers has the Reserve Bank of India (RBI) issued the Master Directions (MD) on Prepaid Payment Instruments (PPIs) dated August 27, 2021…

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RBI Reporting Requirements and Compliances for Prepaid Payment Instruments (PPIs) in India

Prepaid Payment Instruments (PPIs) are tools that allow users to pay for goods, services, financial products, and remittance facilities using the value stored in them.…

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DIFFERENT TYPES OF NBFC REGISTRATIONS & ITS PURPOSES

A Non-Banking Financial Company (“NBFC”) in India is a company registered under the Companies Act, 2013, who has received the Certificate of Registration (CoR) from…

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Understanding NBFC Requirements: Net Owned Funds (NOF) and Principal Business Criteria (PBC)

Author: Ankit Baid, Research Analyst at Affluence Advisory As a practitioner in the financial services sector, we have often encountered questions around the capital adequacy…

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MCA Filing FAQs for NBFCs: Latest Updates on Lot 3 Forms

This FAQ provides a comprehensive overview of the MCA’s Lot 3 form rollout under V3, with a focus on filing requirements for NBFCs, including AOC-4,…

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NBFC Takeover Process and RBI Compliance

The takeover process shall primarily involve a thorough review of the target NBFC's documentation by the Acquirer. Upon the Acquirer’s approval of the acquisition, a…

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Compliance Roadmap for Newly Registered NBFCs

INTRODUCTION The NBFC business is really taking off these days, and a lot of new players have jumped in. Many have gotten their approval from…

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