Blogs

The Reserve Bank of India (RBI) has imposed fines on six NBFCs for violating key regulatory norms under the RBI Act, 1934. These penalties, totaling over ₹60 lakh, highlight RBI’s tightening grip on governance and compliance. Who Got Fined...

NBFCs play a crucial role in India’s credit ecosystem, but non-compliance and operational missteps can lead to RBI penalties, financial losses, or even shutdowns! Recently, RBI imposed penalties totaling ₹76.60 lakh on four NBFC-P2P lenders ...

Thousands do—and they pay a heavy price. 🚨 Scammers are getting smarter! They pose as NBFCs, run flashy ads, and promise instant loans. But once you download their app, they steal your contacts, messages, and photos—leading to harassm...

Did you know? Gold loans in India are projected to cross ₹10 lakh crore in FY25 and surge to ₹15 lakh crore by 2027! 🏆 NBFCs are leading the charge, growing at 17-19% YoY, thanks to: ✅ Faster approvals ✅ Flexible repayment options ✅ Higher LTV...

India’s fintech ecosystem has rapidly evolved into one of the most dynamic and innovative sectors in the world. While payments, digital banking, and other services have played an important role, lending has emerged as the primary driver of prof...

On August 16, 2024, the Reserve Bank of India (RBI) issued a notification announcing significant revisions to the Master Direction – Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017 (‘Dir...

Co-lending, a collaborative lending model where multiple lenders join forces to provide financing to a borrower, has become increasingly popular in the financial sector. This approach allows lenders to capitalize on their individual strengths while s...

In a significant move reinforcing its commitment to maintaining financial stability and consumer protection, the Reserve Bank of India (RBI) recently canceled the licenses of two non-banking financial companies (NBFCs) - Polytex India Ltd, based in M...

As regulatory expectations evolve, Non-Banking Financial Companies (NBFCs) face increasing demands to develop comprehensive policies ensuring compliance, effective risk management, and robust governance. This is particularly crucial for NBFCs in the ...

In today's rapidly evolving technological landscape, the financial industry has witnessed a significant transformation, with digital lending emerging as a promising avenue for entrepreneurs. This article serves as a comprehensive guide for aspiri...