Draft RBI (NBFC-Responsible Business Conduct) Directions, 2026-Key Amendments

The Draft Directions introduce enhanced compliance obligations in relation to engagement of recovery agencies. NBFCs are now required to ensure that recovery agents engaged by recovery agencies possess certification from the Indian Institute of Banking and Finance upon successful completion of the prescribed Debt Recovery Agent training programme.

https://www.corporateprofessionals.com/articles/draft-rbi-nbfc-responsible-business-conduct-directions-2026-key-amendments/
Draft RBI (NBFC-Responsible Business Conduct) Directions, 2026-Key Amendments The Draft Directions introduce enhanced compliance obligations in relation to engagement of recovery agencies. NBFCs are now required to ensure that recovery agents engaged by recovery agencies possess certification from the Indian Institute of Banking and Finance upon successful completion of the prescribed Debt Recovery Agent training programme. https://www.corporateprofessionals.com/articles/draft-rbi-nbfc-responsible-business-conduct-directions-2026-key-amendments/
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