RBI Regulatory Compliance Advisory for NBFCs, SFBs & Banks
From Master Directions mapping to RBI inspection readiness — practitioner-grade advisory from someone who has led RBI compliance at board level inside a regulated institution.
RBI Compliance — End to End
Every recommendation comes from having personally executed these mandates inside regulated institutions — including leading RBI inspection readiness across Piramal Finance.
RBI Master Directions 2025 — Full Mapping
Obligation-by-obligation mapping of all 25 Master Directions issued November 2025 for NBFCs, HFCs, and other regulated entities.
Digital Lending Guidelines (LSP / FLDG / KFS)
End-to-end compliance with the 2022 Digital Lending Guidelines — LSP onboarding, FLDG caps, Key Fact Statement, digital loan agreement requirements.
KYC / AML / CFT Programme
Board-approved KYC policy, customer risk categorisation, ongoing transaction monitoring, STR/CTR filing, and FATF jurisdiction compliance.
NPA Classification & IRACP Alignment
Income Recognition and Asset Classification compliance — DPD triggers, provisioning policy, upgrade/downgrade criteria, restructured asset treatment.
RBI Inspection Readiness
Pre-inspection gap assessment, document trail preparation, management information systems, and on-site inspection response.
Fair Practices Code Implementation
Interest rate transparency, EMI schedule disclosure, prepayment charges, grievance redressal, and internal ombudsman framework.
Co-Lending / FLDG Compliance
Master Direction on Co-Lending — structure, documentation, reporting, and RBI notification requirements.
Board Governance & Compliance Committees
Board-level compliance frameworks, policy registers, compliance officer mandate, and audit committee charter.
Delivered Inside Regulated Institutions
RBI inspection readiness — led organisation-wide at Piramal Finance
Master Directions obligation register — built from scratch, circular-by-circular
KYC/AML programme — aligned to 2025 Master Directions and FATF standards
Digital Lending Guidelines — full LSP, FLDG, KFS compliance rollout
Fair Practices Code — board-approved, branch-embedded, audit-evidenced
Key RBI Regulations Covered
RBI Compliance Is Not a Checklist Exercise
The RBI's November 2025 consolidation of 25 Master Directions for NBFCs, HFCs, and other regulated entities marked a fundamental shift in how compliance obligations are structured. Each direction is no longer a standalone circular — it is part of an integrated regulatory architecture that spans governance, prudential norms, conduct, and reporting.
Most NBFCs and SFBs are currently relying on legacy compliance programmes that were built against old circulars and have not been systematically remapped to the new Master Direction structure. The risk is not theoretical — the RBI's off-site surveillance function is already monitoring regulated entities for gaps in digital lending, KYC, and IRACP compliance.
RBI inspection readiness is not about preparing a document repository two weeks before an inspection. It is about building a compliance culture, an obligation register, a monitoring framework, and an audit trail that survives scrutiny at any point in time.
That is what this practice delivers — not from a template, but from having built and operated these frameworks inside Piramal Finance, one of India's largest and most closely supervised NBFCs.
Ready to Map Your RBI Compliance?
A 30-minute discovery call will identify your highest-priority compliance gaps against the 2025 Master Directions.
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