Spice Route Legal
The regulatory environment for Non-Banking Financial Companies (“NBFCs”) is largely shaped by the Reserve Bank of India (“RBI”), which prescribes an overarching, ever-evolving framework for NBFCs through its various directions. This guide delves into critical directives covering various cybersecurity and data protection guidelines for NBFCs, which shape the operational landscape for NBFCs engaging in diverse financial services, from credit card issuance to information technology management.
