Non-Banking Financial Companies (NBFCs) have long been instrumental in bridging the gap left by traditional banking systems, catering to the financial needs of individuals and businesses often overlooked by banks. However, as regulatory requirements ...
Is CERSAI Registration Mandatory for NBFCs?
One of the most overlooked compliance areas for NBFCs is CERSAI registration. While RBI norms, customer due diligence, and credit processes get proper attention, many lenders fail to recognize that CERSA...
When setting up an Alternative Investment Fund (AIF), one of the most critical decisions is choosing the right legal structure. Should you go for an LLP, a Company, or a Trust?
Let’s break down why most AIFs prefer the Trust route.
Why Fu...
Traditional KYC is slow, expensive, and vulnerable to fraud. Video KYC (vKYC) is revolutionizing the process by making it faster, safer, and more efficient.
✅ Faster Approvals – Complete KYC in 10-15 minutes, loan disbursal within 48 hours.
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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...
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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....
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In the rapidly evolving financial services sector, Non-Banking Financial Companies (NBFCs) are experiencing a transformative shift, thanks to the advent of digital and AI-enabled tools. Systems such as Loan Origination Systems (LOS) and Loan Manageme...
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The fintech industry is experiencing an unprecedented evolution, driven by groundbreaking innovations that are transforming how we manage, invest, and think about money. From artificial intelligence to blockchain, the financial landscape is being red...
In India, Micro, Small, and Medium Enterprises (MSMEs) and retail borrowers constitute a significant portion of the economy, yet access to formal financing remains a challenge. However, the emergence of co-lending partnerships between Banks and Non-B...