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...
In recent months, the Reserve Bank of India (RBI) has implemented several stringent measures affecting non-banking financial companies (NBFCs). These measures include restrictions on important business areas such as gold loans and securities financin...