Aastha's Insights Featured in India Business Law Journal Article, 'RBI Bares Its Teeth'
We are pleased to share that our Partner, Aastha has been quoted by India Business Law Journal an article titled, “RBI bares its teeth.”
As per Aastha, “One of the key areas where co-operative banks have fallen short is compliance with KYC norms, which could be attributed to resource constraints both in terms of technology and expertise to ensure a strong compliance culture.”
She further noted that, in May, the RBI invited applications for recognition of self-regulatory organisations for NBFCs. The organisations were expected to collaborate with the RBI in strengthening the compliance culture and protecting stakeholder interests.
Aastha also added, “NBFCs and especially fintech companies have also seen a fair bit of scrutiny on compliance issues and governance standards.”
Utkarsh Bandhu Joins Argus Partners as an Equity Partner in…
7A, 7th Floor, Tower C, Max House,
Okhla Industrial Area, Phase 3,
New Delhi – 110020
The rules of the Bar Council of India do not permit advocates to solicit work or advertise in any manner. This website has been created only for informational purposes and is not intended to constitute solicitation, invitation, advertisement or inducement of any sort whatsoever from us or any of our members to solicit any work in any manner. By clicking on 'Agree' below, you acknowledge and confirm the following:
a) there has been no solicitation, invitation, advertisement or inducement of any sort whatsoever from us or any of our members to solicit any work through this website;
b) you are desirous of obtaining further information about us on your own accord and for your use;
c) no information or material provided on this website is to be construed as a legal opinion and use of this website will not create any lawyer-client relationship;
d) while reasonable care has been taken in ensuring the accuracy of the contents of the website, Argus Partners shall not be responsible for the results of any actions taken on the basis of information provided in this website or for any error or omission in the website; and
e) in cases where the user has any legal issues, the user must seek independent legal advice.
.png)
