RBI Compliance & Regulatory Framework

Compliance Built IntoEvery Lending Journey

Safetensor helps NBFCs operationalise regulatory controls across onboarding, lending, verification, collections and reporting so teams can work with stronger governance and transparency.

Designed to support RBI-regulated lending operations.
Regulatory Controls

Compliance Ready

Controls monitored

RBI Framework

Regulatory reference, not legal advice

Applicable requirements depend on NBFC category, regulatory layer, business model, products and current RBI directions. Always validate the final compliance position with your compliance/legal team.

RBI / NBFC Framework

RBI Compliance Framework for NBFCs

A practical technology-oriented view of the major regulatory areas that NBFC teams commonly need to operationalise. Exact applicability varies by entity.

01

Registration & Regulatory Scope

RBI registration, applicable NBFC layer or category, principal business requirements and regulatory scope.

02

Scale Based Regulation

Layer-based prudential, governance, capital, exposure and risk-management requirements.

03

KYC / AML / CFT

Customer identification, beneficial ownership, CDD, transaction monitoring and applicable AML controls.

04

Fair Practices & Customer Protection

Transparent terms, pricing, communication, recovery practices and customer-rights controls.

05

Digital Lending

Digital lending disclosures, consent, data governance, LSP oversight and borrower-facing controls.

06

Credit Information Reporting

Accurate and timely credit information reporting, correction mechanisms and borrower access.

07

Outsourcing & LSP Governance

Due diligence, agreements, oversight, audit, data protection and accountability for outsourced activities.

08

IT, Cyber Security & Data Governance

Access controls, security monitoring, incident management, privacy and technology-risk controls.

09

Governance, Returns & Disclosures

Board oversight, regulatory reporting, disclosures, records and applicable statutory submissions.

Grievance Redressal & RBI Ombudsman

Maintain an internal complaint-resolution process and applicable escalation mechanisms for customer grievances.

View framework

Compliance Across the Lending Lifecycle

Build regulatory checkpoints into every stage instead of treating compliance as a final review step.

01

Customer Onboarding

Identity verification
Risk screening
Document capture
02

KYC & Verification

KYC checks
Beneficial ownership
Watchlist screening
03

Credit Assessment

Credit bureau check
Risk scoring
Policy rules
04

Sanction & KFS

KFS generation
Interest & charges
Applicable disclosures
05

Disbursement

Account validation
Fraud checks
Disbursal records
06

Servicing & Repayment

EMI tracking
Delinquency alerts
Customer updates
07

Collections & Recovery

Fair practices
Recovery agent rules
Escalation process
08

Reporting & Closure

Regulatory returns
Board reporting
Record keeping
Digital Lending

Digital Lending Compliance

Operationalise important digital-lending controls across customer journeys, disclosures, consent and partner workflows.

Compliance Dashboard

Lending controls overview

LIVE

92%

Controls

KYC Checks
Data Consent
Audit Trail
Reporting

24/7

Monitoring

100%

Audit Trail

RB-IOS

Grievance

Key Fact Statement & APR

Clear pricing and cost disclosure where applicable.

Explicit Data Consent

Customer consent and appropriate data-use controls.

Need-Based Data Collection

Collect only data necessary for the stated purpose.

LSP Oversight

Due diligence, monitoring and contractual governance.

Data Storage

Data-management controls aligned with applicable RBI directions.

Recovery Agent Disclosure

Applicable disclosure and customer communication controls.

Customer Protection

Customer Protection & Fair Lending

Build trust through transparent, fair and responsible lending practices.

Transparent Pricing & Charges

Clear communication of interest, fees and applicable charges.

Fair Recovery Practices

Respectful, documented and compliant customer-recovery processes.

Data Privacy & Consent

Secure customer information and purpose-based access.

Complaint Resolution

Defined internal complaint handling and escalation.

Borrower Rights

Right to clear information
Right to fair treatment
Right to privacy and data security
Right to grievance redressal

Fair lending practices help build stronger and more sustainable customer relationships.

Governance & Reporting

Governance & Regulatory Reporting

Create a structured compliance operating layer that keeps governance, reporting and audit evidence organised.

Board Oversight

Independent oversight and risk governance where applicable.

Policy Review

Regular review of compliance policies and procedures.

Regulatory Returns

Track filing obligations and reporting timelines.

Credit Bureau Reporting

Accurate and timely credit-information reporting.

Audit Trail

Complete traceability for key actions and decisions.

Record Retention

Maintain required records according to applicable rules.

Compliance Calendar

Track recurring regulatory timelines

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Internal compliance milestone
Customer Grievance

Grievance Redressal

Maintain a structured process for receiving, tracking, resolving and escalating customer complaints.

1

Raise Complaint

Customer raises a complaint through the NBFC's defined channel.

2

Internal Resolution

Complaint is assigned, investigated and responded to internally.

3

Escalation

Unresolved matters follow the applicable escalation path.

4

RBI Ombudsman

Where eligible, customers may use the applicable RBI mechanism.

RBI Integrated Ombudsman Scheme, 2026

RBI's current integrated Ombudsman framework provides a cost-free grievance-redress mechanism for eligible complaints involving deficiency in service by covered regulated entities.

View RBI Framework
Safetensor Platform

Compliance Controls Safetensor Can Help Operationalise

Technology capabilities can make compliance workflows more consistent, auditable and transparent—but regulatory accountability remains with the regulated entity.

Automated KYC Checks

Identity & document verification workflows.

Document Verification

Validate and secure lending documents.

Policy Rules

Enforce internal lending and regulatory rules.

Consent & Audit Trails

Track consent and maintain important action logs.

Credit Decision Workflow

Policy-driven decisioning and exception handling.

Exception Monitoring

Detect and escalate compliance exceptions.

Role-Based Access

Granular access controls by user and function.

Reporting Dashboards

Real-time compliance and operational insights.

Compliance FAQ

RBI & NBFC Compliance FAQs

Quick answers to common questions around regulatory compliance and technology.

No. RBI requirements depend on the NBFC's regulatory layer, registration category, activities, products, size, customer interface and other applicable laws. This page is a compliance framework overview, not a complete legal checklist.

Policies should be reviewed according to applicable RBI requirements, internal governance schedules and material regulatory changes. Your compliance team should maintain a documented review and change-management process.

Safetensor can provide technology controls and workflow capabilities that help operationalise compliance processes, but software alone cannot guarantee regulatory compliance. The regulated entity remains responsible for its legal and regulatory obligations.

Yes. Workflow rules, approval hierarchies, access controls, audit trails, reporting and exception-management flows can be configured around the applicable operating model.

The platform can be designed to support customer disclosures, consent, document trails, LSP workflows, data governance and other operational controls relevant to digital lending.

Maintain a defined internal grievance process, ownership and escalation path. Where applicable, customers should also have access to the relevant RBI grievance-redress mechanism.

Build a More Compliant Lending Operation

See how Safetensor can help your teams embed controls, traceability and transparency across the lending lifecycle.

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