RBI Makes PRAVAAH Portal Mandatory for All Banks and NBFCs from May 1

The Reserve Bank of India (RBI) has announced that starting May 1, 2025, all regulated entities must submit their applications for regulatory authorizations, licenses, and…

Read More

RBI Compliance Regulations and the Role of Advanced Technologies in Bank and NBFC

Author: Ankit Baid, Research Analyst at Affluence Advisory The key regulations and guidelines issued by the RBI cover various aspects of operations, including prudential norms,…

Read More

Scale-Based Regulation (SBR) 2023 for All Non-Banking Financial Companies (NBFC)

The Reserve Bank of India (RBI) has played a crucial role in regulating the NBFC sector over the years. With the sector’s evolution and growth…

Read More

NBFCs and IT Governance: Ensuring Future Readiness

Author: Ankit Baid, Research Analyst at Affluence Advisory CURRENT PROTOCOLS FOR NBFCs: Under the current system, there were dozens of directives and alerts regulating the…

Read More

Middle Layer NBFCs: Navigating Scale-Based Regulations

As per Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023 (hereinafter referred to as “SBR Master Direction”…

Read More

Responsibilities of the NBFCs registered with RBI, about submission and compliances

A Non-Banking Financial Company (NBFCs) is a company registered under the Companies Act, 2013, engaged in the business of loans and advances, acquisition of shares/…

Read More

Scale-Based Regulation (SBR): A Revised Regulatory Framework for NBFCs

Background: Over the years the Non-Banking Financial Companies (NBFC) sector has evolved considerably in terms of size, operations, technological sophistication, and entry into newer areas…

Read More

CIMS (Centralized Information Management System) Return for NBFCs

The Reserve Bank of India (RBI) issued a circular no. CO.DOS.RPD.No.7534/33-06-001/2023-24 dated January 01, 2024 requiring all Non-Banking Financial Companies (NBFCs) to file the applicable…

Read More

CIC (Credit Information Companies) Registration

Credit Information Company (CIC) or Credit Bureau is an RBI-licensed and authorized organization. The consumer and business credit information of individuals and companies across the…

Read More

UNIFORM NBFC REGULATIONS FOR ALL SCALE-BASED REGULATIONS (SBR)

The Reserve Bank of India (RBI) has issued a notification outlining a new regulatory framework for Non-Banking Financial Companies (NBFCs) on October 19, 2023 Master…

Read More

FREE CONSULTATION