Non-Banking Financial Companies (NBFCs) are grappling with mounting defaults, prolonged legal processes, and tightening cash flows. In today’s landscape, debt recovery isn’t just about compliance—it’s about business continuity...
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...