Law and Practice of Non-Banking Financial Companies
Year: 2025
Author: Vinod Kothari Consultants
About the Book:
Law and Practice of Non-Banking Financial Companies is a comprehensive guide to the regulatory framework governing NBFCs in India. It provides a structured, critical, and detailed commentary on RBI’s Master Directions, including the Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023. The book covers both traditional lending models and emerging financial products such as digital lending, BNPL (Buy Now Pay Later), factoring, and supply chain financing.
Authored by leading consultants with years of experience advising top NBFCs, this book is an indispensable resource for practitioners, policymakers, and law students dealing with NBFC regulations. It also provides a comparative analysis with global financial regulations, Basel norms, and banking laws.
Key Features:
-
Covers RBI regulations including Scale-based Regulations, KYC Master Directions, and Fraud Master Directions.
-
Analysis of MFI Directions, IT Directions, Supervisory Returns, Digital Lending Guidelines, and KFS Circular.
-
Practical insights on corporate governance, compliance, and risk management.
-
Detailed discussion on capital adequacy, ICAAP, liquidity risk, and asset-liability management.
-
Comparison of RBI regulations with the Companies Act, Ind AS, and global financial laws.
-
Insights into emerging trends in the financial sector and evolving regulatory approaches.
Ideal For:
-
NBFC professionals and financial consultants.
-
Legal practitioners specializing in banking and financial law.
-
Compliance officers and corporate governance professionals.
-
Policymakers and regulatory authorities.
-
Law students and academicians studying financial regulations.
Caveat Legalis: Description based on available details—interpret with due diligence!
Hashtags: #NBFC #BankingLaw #FinancialRegulations #VinodKothari #LawBooks #RBIRegulations #9789349015210