Understanding the Importance of FIU-IND Registration for NBFCs
Inside This Article With the increasing focus on financial transparency and anti-money laundering (AML) measures, the Financial Intelligence Unit – India (FIU-IND) plays a crucial role in monitoring and preventing illicit financial activities. FIU-IND registration is mandatory for Non-Banking Financial Companies (NBFCs) to ensure compliance with anti-money laundering (AML) and counter-terrorism financing (CFT) regulations in […]
Post-Incorporation Compliances for NBFC
Inside This Article Non-Banking Financial Companies (NBFCs) play an essential role in the Indian financial system by offering credit, loans, and investment options. However, the incorporation of an NBFC is only the first step. To ensure regulatory compliance and smooth business operations, NBFCs must follow several post-incorporation requirements set by the Reserve Bank of India […]
Is CKYC Mandatory for NBFCs?
Inside This Article When it comes to financial compliance, there are always a lot of questions—and one of the most common ones we hear from NBFCs is: Is CKYC mandatory for us? The Central Know Your Customer (CKYC) system has simplified the KYC process for financial institutions, making it easier to verify customer identities and […]
RBI’s Latest NBFC Compliance Guidelines – What You Need to Know
Inside This Article The Reserve Bank of India (RBI) has introduced some significant changes to the regulatory landscape for Non-Banking Financial Companies (NBFCs). These updates aim to improve financial stability, enhance transparency, strengthen risk management, and promote ethical lending practices. By enforcing stricter guidelines, the RBI seeks to create a more robust and sustainable NBFC […]
What is CKYC? A Simple Guide by NBFC Advisory
Inside This Article The financial world is evolving rapidly, and keeping up with regulatory requirements can be overwhelming. One initiative that has streamlined the Know Your Customer (KYC) process in India is the Central Know Your Customer (CKYC) system. Managed by CERSAI (Central Registry of Securitization Asset Reconstruction and Security Interest of India), CKYC simplifies […]
Understanding Credit Reports and Credit Scores for NBFC Compliance
Inside This Article In India’s rapidly evolving financial sector, Non-Banking Financial Companies (NBFCs) play a crucial role in providing loans, credit facilities, and financial services to businesses and individuals. However, with growing regulatory scrutiny, NBFCs must ensure robust credit assessment practices to mitigate risks and comply with Reserve Bank of India (RBI) guidelines. A fundamental […]
How Fintech Startups Can Partner with Credit Bureaus for Growth
Inside This Article The fintech revolution is transforming how people access credit, loans, and financial services in India. With an increasing number of digital lending platforms, credit assessment and risk management have become critical for fintech startups. One of the most effective ways fintech companies can enhance their lending capabilities, reduce risk, and scale their […]
Fintech Compliance Checklist for Indian Companies in 2025
India’s fintech ecosystem is experiencing rapid growth, with companies offering digital lending, payment solutions, investment platforms, and neo banking services. However, the regulatory landscape is becoming more stringent, with the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), and the Financial Intelligence Unit (FIU-IND) tightening compliance requirements. Failure to meet these […]
Non-Compliance with RBI Regulations: Consequences for NBFCs
Inside This Article Non-Banking Financial Companies (NBFCs) play a critical role in India’s financial landscape by providing credit, loans, and investment services outside the traditional banking system. However, operating an NBFC comes with stringent regulatory obligations enforced by the Reserve Bank of India (RBI). Failing to comply with RBI’s regulations can lead to severe […]
NBFC Compliance Checklist and Calendar – The Ultimate Guide for 2025
Non-Banking Financial Companies (NBFCs) play a crucial role in India’s financial ecosystem, providing lending and investment services outside the traditional banking sector. However, with increased regulatory scrutiny, NBFC compliance is now more critical than ever. Failure to comply with RBI regulations for NBFCs can result in hefty fines, restrictions, and even revocation of licenses. This […]
