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.

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

The Reserve Bank of India (“RBI”) has issued the Draft Responsible Business Conduct Directions, 2026 (“Draft Directions”) on May 20, 2026, proposing conduct-related obligations, standardize recovery practices and enhance accountability for Non-Bankin

RBI Draft Compliance Functions Directions, 2026-NBFCs

Once finalised, NBFCs may be required to reassess their existing compliance structures, reporting frameworks and monitoring systems to align with the enhanced supervisory expectations envisaged under the Draft Directions.

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RBI Draft Compliance Functions Directions, 2026-NBFCs - Corporate Professionals

The Reserve Bank of India (“RBI”), as part of its broader effort to strengthen governance standards for Non-Banking Financial Companies (“NBFCs”), had earlier issued the circular on “Compliance Function and Role of Chief Compliance Officer – NBFCs” d

Final OSH Rules: Key Changes Employers Should Note

One of the most significant changes is in the registration mechanism. The final rules rewrite the registration process around Form I and Form III, provide for auto-generation of the registration certificate, introduce a late fee after 60 days, and create a clearer workflow for closure notice and cancellation of registration.

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Final OSH Rules: Key Changes Employers Should Note - Corporate Professionals

The Occupational Safety, Health and Working Conditions (Central) Rules, 2026 mark an important step in operationalising the OSH Code. Compared with the draft rules, the final rules appear to focus on simplification, digital compliance, sharper report

Payment Aggregators in India-The Invisible Engine Behind Every Digital Transaction

A Payment Aggregator is a regulated intermediary that sits between merchants (businesses accepting payments) and the banking/payment network. Unlike a payment gateway — which is purely a technology pipe — a PA actually holds a nodal/escrow account, collects funds from customers on behalf of merchants, and settles those funds to merchant accounts.

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Payment Aggregators in India: The Engine of Digital Pay

Discover how payment aggregators power digital transactions in India. Learn their role, regulations, and impact on businesses and online payments.

Corporate Law Firms in India Delivering Strategic Legal Solutions for Companies

Corporate Professionals, a leading advisory and consulting firm, emphasizes the growing importance of Corporate Law Firms in India in enabling businesses to navigate complex legal frameworks while driving sustainable growth and compliance excellence.

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