NBFCs

The Reserve Bank of India (RBI) has introduced the Integrated Ombudsman Scheme 2026, aiming to unify grievance redressal mechanisms across banks, non-banking financial companies (NBFCs), and digital payment platforms. The initiative consolidates multiple sector-specific complaint frameworks into a single, streamlined system to improve transparency, efficiency, and accountability. Under the scheme, customers can escalate unresolved disputes related to banking, digital payments, and financial services, with strict timelines for resolution.

The Reserve Bank of India (RBI) has issued new guidelines mandating the appointment of an Internal Ombudsman (IO) in banks and select Non-Banking Financial Companies (NBFCs) to enhance customer grievance redressal mechanisms. This regulatory move aims to provide an independent, accessible, and transparent framework for resolving complaints related to banking services, lending practices, and financial products. Analysts note that the step underscores RBI’s commitment to consumer protection, accountability, and trust in the financial sector.

Reserve Bank of India Governor has urged non-banking financial companies to place greater emphasis on asset quality, cautioning against complacency amid strong credit growth. The central bank’s message comes as NBFCs expand lending across retail, infrastructure and small business segments, often in a competitive and liquidity-sensitive environment. While acknowledging the sector’s role in improving credit access, the governor emphasized the need for prudent underwriting, robust governance and adequate capital buffers.

The Reserve Bank of India (RBI) has issued guidance urging microlenders and non-banking financial companies (NBFCs) to closely monitor potential stress in their loan portfolios. The directive emphasizes early identification of financial distress, enhanced reporting, and proactive risk mitigation to prevent asset quality deterioration. With microfinance institutions serving vulnerable segments, the central bank aims to safeguard both borrower welfare and systemic stability.

SBFC Finance has secured a significant vote of confidence from two marquee investors—Tata AIA Life Insurance and Temasek—marking a pivotal moment in the non-banking financial company’s growth trajectory. The strategic investment strengthens SBFC Finance’s capital base at a time when demand for structured credit among small businesses is rising steadily. The transaction underscores increasing institutional interest in India’s retail-focused NBFCs, particularly those with disciplined underwriting and scalable business models.

The Securities and Exchange Board of India (Sebi) has introduced a new mandate requiring market participants to disclose securitised exposures with greater transparency. The move aims to strengthen investor protection, enhance market integrity, and provide regulators with better visibility into risk concentrations in the financial system. The directive covers all entities involved in securitisation, including banks, non-banking financial companies (NBFCs), and asset reconstruction companies.