NBFCs are the backbone of India’s financial system, but compliance challenges are rising. With RBI’s scale-based regulations and a push towards data-driven reporting, the future of NBFC compliance depends on building strong data foundations.
In the dynamic and highly regulated financial sector, early detection of potential risks is critical for maintaining stability and ensuring compliance.
In most financial institutions, compliance functions are highly fragmented and disintegrated. This paper analyses an emerging set of technological advancements
Indicative changes in regulatory reports
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Indian regulatory guidelines for asset quality management and loan loss calculation (asset classification, provisioning, reclassification, reversal, etc.) changed from monthly to daily basis, along with several revisions to classification norms and inclusion of investment portfolios.
COVID-19 has altered the path of the global economy as almost no country is now unscathed from this highly contagious disease.
Collaborative approach for identifying and acting on proactive early warning signals in Banks
20/04/2020
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