XBRL (Extensible Business Reporting Language) is a standardized format designed to enhance accuracy and efficiency in financial reporting.
As per RBI regulations, all NBFCs, particularly those classified under Non-Deposit Taking and Non-Systemical...
Did you know that failing to register with FIU-IND can result in:
⚠️ Heavy penalties
⚠️ Business restrictions
⚠️ Reputational damage
The Financial Intelligence Unit - India (FIU-IND) plays a crucial role in monitoring and preventing money laund...
.png)
When an ambitious NRI entrepreneur set out to acquire an NBFC in India, he faced a maze of consultants, delays, and false promises. Despite assigning the mandate to a consultant, he soon realized their approach wasn’t aligned with his vision.
...
On October 4, 2024, the Reserve Bank of India (RBI) issued a Draft Circular titled "Forms of Business and Prudential Regulation for Investments" that seeks to amend the extant Master Direction—Reserve Bank of India (Financial Services...
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...
.jpeg)
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...
.jpeg)
The fintech industry is witnessing rapid growth and innovation, with companies continuously seeking new avenues to expand their reach and improve their service offerings. One significant trend that has emerged is the acquisition of Non-Banking Financ...
.jpeg)
Introduction
The financial technology (fintech) sector has been experiencing unprecedented growth, with companies continually seeking innovative ways to expand their reach and enhance their offerings. One significant trend is the acquisition of no...
.jpeg)
As the demand for credit surges across corporate and industrial sectors, Non-Banking Financial Companies (NBFCs) have become crucial players in the financial ecosystem. Unlike traditional banks, NBFCs offer easier access to credit, making them highly...
.jpeg)
In the fast-paced world of finance, efficient loan management is crucial for lenders to stay competitive. A loan management system (LMS) is a digital platform designed to simplify and automate the entire loan lifecycle, from application to repayment....
Emerging technologies and strategic partnerships are crucial for Non-Banking Financial Companies (NBFCs) to thrive in an increasingly regulated and competitive financial landscape. By integrating advanced technologies and collaborating with FinTech c...
.jpeg)
The fintech industry has seen remarkable growth in recent years, reshaping how financial services are delivered and accessed. However, this rapid evolution has presented a plethora of regulatory challenges, given the intersection of finance and techn...
.jfif)
In the intricate ecosystem of finance, small Non-Banking Financial Companies (NBFCs) often find themselves navigating a landscape fraught with operational challenges. These hurdles, stemming from limited resources and scale, can impede growth and sus...