India’s growing digital economy, expanding salaried population and increasing demand for emergency credit have created a significant market for short-term personal loans.
Customers often require small loans for medical expenses, rent, utilit...
The Reserve Bank of India (RBI) has introduced a new framework to regulate penal charges on loans — marking a significant shift toward more transparent and borrower-friendly lending practices.
Key Highlights:
No More Penal Int...
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 ...