Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The Reserve Bank of India (RBI) has reaffirmed that non-banking financial companies (NBFCs) classified under its Upper Layer regulatory framework must be listed on stock exchanges, reinforcing its commitment to transparency, corporate governance and financial stability within India’s non-banking financial Read More …
The RBI directions for housing finance companies now sit in a single rulebook, the Housing Finance Companies (Reserve Bank) Directions, 2025, issued on 28 November 2025 as part of the Reserve Bank’s consolidation of its Master Directions. On 31 July Read More …
Cybersecurity training for NBFC employees is no longer simply an HR awareness initiative or an IT department activity. RBI’s current framework expressly requires NBFCs to maintain an ongoing information-security training and awareness programme and to measure whether that training is Read More …
KYC AML training for NBFC employees is a core regulatory capability for institutions that onboard customers, disburse credit, monitor customer relationships and manage financial-crime risk. For an NBFC, Know Your Customer compliance is not simply a documentation exercise at the Read More …
On August 6, 2026, the Reserve Bank of India issued nine separate circulars in a single day, each amending the Responsible Business Conduct framework for a different category of regulated lender, from commercial banks and small finance banks to NBFCs Read More …
Concentration risk management has moved from being a routine prudential check to one of the most actively regulated areas of Indian banking and NBFC supervision. Over the past year, the Reserve Bank of India has substantially reworked the rules governing Read More …