Old Rules, New Book: RBI consolidates Regulatory Framework
Team Finserv | finserv@vinodkothari.com Read our related resources:
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Entries by Team Finserv
Insure to Ensure Your Loan?
Manisha Ghosh, Executive | finserv@vinodkothari.com Introduction It is quite common that whenever a borrower wishes to apply for a loan, lenders require the borrower to purchase an insurance policy, as a pre-condition for sanction. One may wonder if availing insurance can be a mandatory requirement for availing any loan? Insurance is not a regulatory requirement […]
RBI’s Draft on Integrated and Internal Ombudsman
Team Finserv | finserv@vinodkothari.com In the Monetary Policy Statement dated October 1, 2025, the RBI Governor announced several measures to strengthen consumer protection. Some of the measures introduced for enhancing consumer protection are as follows: The Draft IOS Scheme has enhanced the scope of the grievance redressal mechanism and introduced a more structured procedural framework […]
The Law of Prepaid Payment Instruments (PPIs): A Guide For New Market Entrants
Subhojit Shome, Senior Manager and Aditya Iyer | finserv@vinodkothari.com Read our other resources:
RBI Monetary Policy Update: Enhancing Financial Stability for Banks and NBFCs
– Team Finserv | finserv@vinodkothari.com Introduction As a part of the governor’s statement dated October 1, 2025, it was highlighted that banks and NBFCs continue to exhibit financial stability, by way of strong liquidity positions, capital adequacy, and sustained profitability. Further, NBFCs have shown improvement with better asset quality and declining GNPA ratios. Against this […]
Fixed rate flip on interest rate reset now optional
Offering fixed option not mandatory at reset; Banks can pass benefits of reduced cost to borrowers before 3 years – Yuvraj Kundargi | Executive, finserv@vinodkothari.com The Reserve Bank of India issued amendment directions on September 29, 2025[1] that modify the extant guidelines that govern floating interest rate loans. They provide that: These amendments are poised […]
A matter of scale in securitisation
Qasim Saif, Vice President and Yuvraj Kundargi, Executive | finserv@vinodkothari.com Background The previous financial year witnessed Indian banks entering the securitisation market as originators, marking a positive step towards large-volume transactions. Their participation also raised expectations that non-lending institutions could increasingly come in as investors in such instruments. Midway through this year, the Reliance group […]
From Trade Payables to Financial Liabilities: Ind AS Disclosure Reforms for Supply Chain Finance arrangements
Dayita Kanodia | finserv@vinodkothari.com The amendments in Ind AS 7 emanate from similar amendments in IAS 7 by the IASB, made in May 2023, which itself is the culmination of a project that was initiated in 2020. The amendments related to Supply Chain Financing (SCF) or reverse factoring arrangements. Globally, the SCF volumes increased by […]
Setu-ing the Standard: NPCI’s New Path to Aadhaar e-KYC
Archisman Bhattacharjee | finserv@vinodkothari.com Introduction The National Payments Corporation of India (NPCI), vide its notification NPCI/2024-25/e-KYC/003 dated 10 March 2025, formally introduced the e-KYC Setu facility. As outlined on NPCI’s official platform, e-KYC Setu enables Aadhaar-based e-KYC authentication under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (Aadhaar Act), […]
RBI issues Co-lending Directions, 2025
Team Finserv | finserv@vinodkothari.com At a Glance The Reserve Bank of India (Co-Lending Arrangements) Directions, 2025 (‘Directions’), effective January 1, 2026, with early adoption permitted, represents a significant evolution in India’s co-lending regulatory framework. The Directions definitively eliminate discretionary co-lending arrangements (CLM-2 model), mandating that any cherry-picking or selective loan purchase arrangements must comply with […]