-Financial Services Division (finserv@vinodkothari.com) RBI has issued the Revised Regulatory Framework for NBFCs, effective from October 1, 2022. Highlights of prescribed framework can be accessed at this link. Introduction Systemic risk of NBFCs has been an issue for discussion, specifically in India as there have been some major NBFC failures, and the issue of inter-connectivity between … Continue reading Scalar regulatory framework for the NBFC sector