Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
For Middle Layer NBFCs, regulatory compliance has become increasingly intertwined with governance, risk management, technology, outsourcing, customer conduct and supervisory preparedness. The Reserve Bank of India’s Scale-Based Regulation framework places greater regulatory intensity on NBFCs as they move beyond the Read More …
The Reserve Bank of India (RBI) has recently released a draft circular proposing significant governance amendments for banks and NBFCs. These amendments are designed to strengthen board accountability, enhance risk oversight, improve internal controls, and address emerging operational and regulatory Read More …
The Reserve Bank of India has taken decisive action by deregistering 135 Non-Banking Financial Companies (NBFCs) that failed to meet regulatory and operational requirements. This move reflects RBI’s continuing focus on financial stability, governance discipline, and systemic risk mitigation. Simultaneously, Read More …
The structural vulnerability of Non-Banking Financial Companies (NBFCs) within the Indian financial ecosystem has become a focal point of intense regulatory scrutiny. Unlike traditional commercial banks that enjoy a stable base of retail low-cost deposits, NBFCs operate under a highly Read More …
The IL&FS crisis remains one of the most important governance and risk management failures in India’s financial system. When Infrastructure Leasing & Financial Services defaulted in 2018, the event triggered a major liquidity shock across NBFCs, mutual funds, and debt Read More …