Varun Sharma

Varun is a CA by profession and domain expert of startup Advisory and Regulatory Services like FEMA, RBI & IRDA. During his professional career, he has worked with various international companies and helped them to set up their business in India.

37 articles published Follow:

UPI, how it changed and will be impacting the Fintech industry in 2023

FinTechJanuary 11, 2023436Views 0Likes 0Comments

Introduction The Unified payment interface or UPI transactions, as we know, the elevated convenience served by UPI systems is one biggest reason it's exceeding other payment methods. Proof: A report by CLSA verified that UPI corporates to 60% of entire payments — and digital payments have increased from $61bn in 2016 to $300bn in 2021.…

Top 6 NBFCs of India in 2022 and their Performance

nbfcJanuary 9, 2023401Views 0Likes 0Comments

India’s economic growth has been exceptional in the past few years. It can be easily attributed to the microfinance companies in India whose immense contribution fueled this rapid growth. Microfinance companies have been instrumental in attenuating poverty by uplifting the poor, particularly women and the youth, in rural areas. The microfinance sector has brought formal…

5 Reasons Your NBFC Must Have Digital Lending Facility

nbfcJanuary 5, 2023246Views 0Likes 0Comments

The contemporary lending environment is going through a paradigm shift. It is way better than the traditional lending process finance and loan companies used to follow. All thanks to rapid digitalization that has eliminated inconveniences that bothered both lenders and borrowers in equal measures. Conventional ways of lending required the borrowers to submit applications in…

Top 7 Microfinance Companies in India 2022-2023 and their Challenges

MicrofinanceJanuary 4, 20231KViews 0Likes 0Comments

Micro-financing has played a key role in the rapid economic growth of India. Its contribution has been immense. Private finance companies have made financial assistance within reach of rural youth and women. Private lending has changed the economic ecosystem of the nation for the better. There are hundreds of NBFC establishments in India, and we…

RBI’s recent notifications: Impacts on NBFCs in 2023

RBI NotificationsDecember 31, 2022480Views 0Likes 0Comments

Introduction As we know, NBFCs are performing an imensive job by providing credit facilities to specific niche sectors, viz., infrastructure and unbanked sections of the economy — thus, driving financial inclusion in India. And the sector has reported a total annual growth of almost 18% over the previous few years and is expected to maintain…

How will digital banking units (DBUs) transform banking in India?

Digital BankingDecember 30, 2022355Views 0Likes 0Comments

Introduction The Demonization and rise in digital payments paved the way for digital banking units (DBUs) in India, and the RBI’s Digital Payments Index (DPI) has increased to 349.30 in March 2022 from 153.47 in March 2019. Many banks are now prioritizing incorporating DBUs in their overall banking system because it helps them with more…

Are Non-Banking-Financial-Companies-(NBFCs)-New-Bank

Are Non-banking Financial Companies (NBFCs) the New Banks?

nbfcDecember 29, 2022272Views 0Likes 0Comments

Introduction Why do we need NBFC when we have Banks? Let's take a quick example - Why do we need Jio, Airtel, Idea, and others when we have BSNL? The same goes here. Every bank in India provides specific bundles of financial services, while their primary activity is lending. For example, an individual must submit…

7 Topmost Advantages of Hiring a VCFO at your NBFC and Scaling it

Virtual CFODecember 27, 2022245Views 0Likes 0Comments

Have you heard of this quote, "If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business"? A very famous one by Lee Kuan Yew, 1st Prime Minister of the global financial center, Singapore. In this digital era, when every other job has become virtual and can be outsourced,…

Major RBI Regulations Disrupting Fintech in 2022

FinTechDecember 21, 2022249Views 0Likes 0Comments

The Indian FinTech ecosystem demonstrates uniqueness. Its growth is propelled and determined by numerous factors and the involvement of a myriad of stakeholders, including founders, startups, a vast customer base, institutions, and government & regulatory bodies, to name a few. Fintech is flourishing like never before in India. That's attributable to an ultra-modern digital infrastructure,…

What are Non-banking Financial Institutions, and How do They Work?

nbfcDecember 16, 2022204Views 0Likes 0Comments

The financial sector is quite difficult to get a grasp on. Owing to a myriad of sectors that have different norms, it becomes a bit cumbersome to make the right decisions. The laws for banks and NFBCs are quite different. If you have also wondered what non-banking financial institutions are and how they work, this…

How are NBFCs Different from Banks?

nbfcDecember 13, 2022293Views 0Likes 0Comments

Banks and non-banking financial institutions are the most vital financial institutions that not only fulfill the financial needs of individuals and businesses but also have a significant impact on the economy. If you have always wondered how non-banking financial companies differ from banks, know that you aren’t alone. NBFCs are way different than a bank…

RBI’s Co-Lending Model Guidelines for Banks and NBFCs

BankDecember 5, 2022450Views 0Likes 0Comments

Co-lending, also known as co-origination, is a system in which banks and non-banking financial companies collaborate to provide credit to the priority sector participants. Under this arrangement, banks and NBFCs share risk in an 80:20 ratio (80 % of the loan with the bank and a minimum of 20% with the non-banks). The Reserve Bank…

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Varun Sharma

UPI, how it changed and will be impacting the Fintech industry in 2023

Top 6 NBFCs of India in 2022 and their Performance

5 Reasons Your NBFC Must Have Digital Lending Facility

Top 7 Microfinance Companies in India 2022-2023 and their Challenges

RBI’s recent notifications: Impacts on NBFCs in 2023

How will digital banking units (DBUs) transform banking in India?

Are Non-banking Financial Companies (NBFCs) the New Banks?

7 Topmost Advantages of Hiring a VCFO at your NBFC and Scaling it

Major RBI Regulations Disrupting Fintech in 2022

What are Non-banking Financial Institutions, and How do They Work?

How are NBFCs Different from Banks?

RBI’s Co-Lending Model Guidelines for Banks and NBFCs

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