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…

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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…

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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…

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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…

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RBI’s Latest Move: Guidelines for Unsecured Loans by Banks and NBFCs

In October 2023, the Reserve Bank of India’s Monetary Policy Committee decided to maintain the status quo as far as policy rates were concerned. However,…

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RBI issues Digital Lending Guidelines: Banks / NBFC

The Reserve Bank of India (RBI) has issued guidelines on digital lending, mandating the banks and financial institutions to put in place systems that would…

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