Description

Law and Practice of Non-Banking Financial Companies is a definitive and timely treatise on the rapidly evolving regulatory landscape of NBFCs in India. Authored by the globally recognized Vinod Kothari Consultants, this 2025 debut edition provides a 360-degree view of the legal, operational, and compliance frameworks governing non-banking financial entities.

With the RBI’s shift toward Scale-Based Regulation (SBR), this book serves as a vital roadmap for navigating complex statutory requirements, ensuring that professionals stay ahead of the curve in a highly scrutinized sector.

Key Topics Covered

• Scale-Based Regulation (SBR): In-depth commentary on the 2023 RBI Master Directions.

• Digital Lending & Fintech: Comprehensive analysis of digital lending guidelines, BNPL, and technical compliance.

• Corporate Governance: Detailed insights into Board-level responsibilities, risk management, and internal audits.

• Capital Adequacy & Liquidity: Practical guidance on ICAAP, asset-liability management (ALM), and liquidity risk.

• Specialized NBFCs: Dedicated sections on Core Investment Companies (CICs), MFIs, and Factoring companies.

• Compliance & Fraud: Practical breakdown of KYC/AML norms and the Fraud Master Directions.

Who Should Buy This Book?

• Banking & Finance Professionals: Compliance officers and managers working within NBFCs.

• Chartered Accountants (CAs): Essential for statutory audits and tax planning for financial entities.

• Company Secretaries (CS): A must-have for ensuring seamless board-level compliance.

• Legal Practitioners: For advocates specializing in financial disputes and SARFAESI matters.

• Fintech Founders: To understand the regulatory boundaries of innovative financial products.

Why This Book?

Unlike general banking texts, this book is written by active consultants who advise India's top NBFCs. It bridges the gap between theoretical law and boardroom reality. It features checklists for compliance, comparisons between the Companies Act and RBI norms, and an "Industry-First" look at emerging trends like green finance and digital debt recovery.

About Author / Publisher

Vinod Kothari Consultants is one of India's leading boutique firms specializing in financial services, securitization, and corporate laws. Founded by Mr. Vinod Kothari, a former Chairman of the ICSI, the firm is renowned for its technical depth and authoritative publications. LexisNexis, the publisher, is the gold standard for legal literature globally, ensuring world-class production and updated content.