The Need for an Automated NPA System

The Need for an Automated NPA System   Recently, RBI issued a detailed guideline to all Scheduled Commercial Banks and Small Finance Banks to have an appropriate IT system in place for NPA identification, income recognition, provisioning, and generation of related returns in an automated way. The banks are advised to put such a system […]

Default Loss Guarantee – A gamechanger in RE-LSP partnership

A focus on customer convenience should not divert attention from customer protection and safety. The RBI’s guidelines on digital lending and Default Loss Guarantee are a reiteration of the same. With FLDG being treated akin to synthetic securitization, lending arrangements between Banks/NBFCs and FinTech were in a soup. Opaque securitizations are risky and can destabilize […]

BSP’s New Regulation on API-based Submission of Prudential Reports_v2.0

Default Loss Guarantee – A gamechanger in RE-LSP partnership A focus on customer convenience should not divert attention from customer protection and safety. The RBI’s guidelines on digital lending and Default Loss Guarantee are a reiteration of the same. With FLDG being treated akin to synthetic securitization, lending arrangements between Banks/NBFCs and FinTech were in […]