Beyond Compliance: How RBI’s New Responsible Business Conduct Framework Will Reshape NBFC Growth  On 15 June 2026, the Reserve Bank of India introduced the Reserve Bank of India (Non-Banking Financial Companies – Responsible Business Conduct) Second Amendment Directions, 2026. While it may appear to be another compliance update, the circular signals a much broader shift in regulatory expectations.  […]

Why Rural Credit Digitization Is Moving Slower Than Expected  A small farmer in Vidarbha earns steadily across three seasons, repays his informal lender on time every cycle, and holds clear title to four acres of land. When he walks into a branch to apply for a housing loan, the process stalls within days. His bureau […]

Buy Now, Pay Later (BNPL) services have transformed the way young consumers shop by making purchases more accessible and affordable. With just a few clicks, consumers can split payments into smaller installments, often without paying interest. While this convenience has driven the rapid adoption of BNPL platforms, it has also created a false sense of […]

A young professional with a stable income applies for her first loan and gets rejected because she has no meaningful credit history. Meanwhile, another borrower with an excellent credit score receives loan offers from multiple lenders within days. Both outcomes are driven by the same underlying factor: credit bureau data. For years, bureau scores have […]

The gold loan segment in India stands out as one of the few retail lending categories where execution, more than capital, determines scale. Despite operating on the same collateral, NBFCs and banks have delivered sharply different outcomes in terms of speed, reach, and customer adoption. While banks have maintained a steady presence, NBFCs have led […]