Over 10 years we help companies reach their financial and branding goals. Engitech is a values-driven technology agency dedicated.

Gallery

Contacts

411 University St, Seattle, USA

engitech@oceanthemes.net

+1 -800-456-478-23

Tech To Turbocharge ESG: Companies Boost Results With Data-Driven Solutions

India’s central bank, The Reserve Bank of India (RBI), plays a very important role in regulating and ensuring transparency in the retail credit market. Amongst other things, the RBI’s objectives are to maintain stability of the financial system, which includes monitoring the growth of retail and Micro, Small & Medium Enterprises (MSME) loans. Typically, retail / MSME segment borrowers have smaller credit requirements with limited credit information being available for evaluation as compared to large corporate borrowers. Whilst the RBI implements various measures to regulate retail / MSME credit, one of the important tenets of these measures is to promote transparency such that the retail / MSME borrower is aware of various economic and non economic features of the product. The underlying principle for this approach of the RBI is to ensure that customers are treated fairly. We sincerely hope you find the enclosed publication informative, offering insights into the recently released RBI notification, its applicability and some key considerations around transparent lending practices that RBI is promoting especially for retail /MSME borrowers. It will be for the RE to implement this notification and ensure that their disclosure practices help them reach a positive response and establish trust with its borrowers.

In this Early impressions publication we have analysed the RBI (India’s central bank). The RBI strongly supports equality and fairness amongst lenders. This includes fairness in lending processes. This publication discusses our views on their recent notification to enhance this practice for retail/MSME borrowers.

Tags

Similar Insights

article4

COP28: A Turning Point from Talks to Action


In her latest article, Anu Chaudhary, Partner and Global Head of ESG Consulting at Uniqus, shares insights on the pivotal shift from...

Read More
article5

Dubai COP 28 Seeks To Catalyse Global Climate Action


COP 28: World leaders convene to address critical themes—technology, inclusion, frontline communities, and finance—to push for a sustainable...

Read More
article6

In charts: Why India Inc is finding it tough to retain talent


India’s largest companies have faced a myriad of challenges in the recent years in terms of holding onto their employees. The median...

Read More
article13

Agritech Companies Need To Build Sustainable Business Model To Thrive


Anu Chaudhary, Partner, Global Head – ESG Consulting, shares her views on how agritech companies can focus on all the tenets of E,...

Read More
article18

UAE Corporate Income Tax: Uniqus explains why it’s important to join the discussion on impact beyond tax


While entities in UAE are aware of the applicability of CIT Law for the financial years beginning on or after 1 June 2023 and levy...

Read More
article19

Strengthening the BRSR core: A masterstrokeq


SEBI reduces ESG disclosure parameters from 800 to 50, enhancing transparency, combating greenwashing, and driving investment in sustainable...

Read More