4 Dates. 4 Days. 4 Bureaus. One Missed Deadline Is Enough to Cause Trouble. That is what CIC reporting for NBFCs looks like today. Your NBFC must report credit data as of the 9th, 16th, 23rd and the last day of every month. Each file must reach the credit bureaus
If you run a Middle Layer or Upper Layer NBFC, you have likely heard the term CFSS many times. Your auditor may have raised it. Your RBI inspection team may have asked about it. Your board may have approved a plan for it. But what does CFSS for NBFCs really
Gold is the most trusted safety net for Indian families. Most homes own some gold jewellery. When money is tight, they can pledge it and get a loan fast. There is very little paperwork. This is why the NBFC gold loan business is growing. Gold is strong security. Loans are
Many Indian lenders offer flexible credit lines. A borrower can take money, repay it, and take it again. The Reserve Bank of India (RBI) now wants to limit this for most non-banking financial companies (NBFCs). The Governor has also explained why. This post covers what the RBI proposed, what the
On September 11, 2026, the Reserve Bank of India (RBI) said no to Tata Sons. The group had asked to give up its Core Investment Company (CIC) registration. The RBI rejected the Tata Sons CoR surrender request in a letter dated September 11, 2026. This is more than a Tata
Let me guess how your week is going. Someone forwarded you the RBI draft. Someone else sent a WhatsApp forward with a headline that says “ban.” Your credit head wants to know if the working-capital line is dead. Your tech head wants to know whether to start rebuilding the LMS.
“Making the UL list isn’t a trophy. It’s a to-do list.” Let me paint you a picture. The RBI releases its NBFC Upper Layer list. Your company’s name is on it. The mood in the office is bright. Someone drafts a press note. Someone else wants to order sweets. Now
Your next CIC miss won’t wait for the month-end. It will show up on the 9th. Or the 16th. Or the 23rd. That’s the new reality for every NBFC ops team in India, as set out by the Reserve Bank of India. The old habit of fixing bureau errors “before
NBFCs shall only offer credit products which are in nature of term loans and shall not offer any revolving credit products. That one line, buried in a routine-looking draft from the Reserve Bank of India, set off a chain reaction across India’s shadow banking sector. It landed on August 6,
If you follow NBFCs (Non-Banking Financial Companies) in India, you’ve probably heard the term “ECL” a lot. It stands for Expected Credit Loss. It’s an accounting rule. And it has a real effect on how much profit an NBFC reports each year. Let’s break it down in plain words. What
4 Dates. 4 Days. 4 Bureaus. One Missed Deadline Is Enough to Cause Trouble. That is what CIC reporting for NBFCs looks like today. Your
If you run a Middle Layer or Upper Layer NBFC, you have likely heard the term CFSS many times. Your auditor may have raised it.
Gold is the most trusted safety net for Indian families. Most homes own some gold jewellery. When money is tight, they can pledge it and
Many Indian lenders offer flexible credit lines. A borrower can take money, repay it, and take it again. The Reserve Bank of India (RBI) now
On September 11, 2026, the Reserve Bank of India (RBI) said no to Tata Sons. The group had asked to give up its Core Investment
Let me guess how your week is going. Someone forwarded you the RBI draft. Someone else sent a WhatsApp forward with a headline that says
“Making the UL list isn’t a trophy. It’s a to-do list.” Let me paint you a picture. The RBI releases its NBFC Upper Layer list.
Your next CIC miss won’t wait for the month-end. It will show up on the 9th. Or the 16th. Or the 23rd. That’s the new
NBFCs shall only offer credit products which are in nature of term loans and shall not offer any revolving credit products. That one line, buried
If you follow NBFCs (Non-Banking Financial Companies) in India, you’ve probably heard the term “ECL” a lot. It stands for Expected Credit Loss. It’s an
