Manufacturing
Inventory valuation, cost accounting, capital allowances and an input tax credit chain that runs across states.
Industries
NBFCs & Lending
Scale-based classification, IRAC norms, KYC obligations, loan file integrity and a supervisory regime that keeps tightening.
Overview
Lending businesses carry regulatory weight disproportionate to their size, and the scale-based framework means a growing NBFC inherits a heavier compliance load as it crosses each threshold. Most findings concentrate in the same places: file documentation, customer due diligence and the honesty of asset classification.
What comes up
Issues we are asked about
- Scale-based layer classification and the norms that follow
- Income recognition, asset classification and provisioning
- KYC, AML and beneficial ownership obligations
- Loan documentation, security perfection and end-use
- Capital adequacy, net owned funds and exposure limits
- Co-lending, business correspondent and outsourcing arrangements
Other sectors
Also frequently asked about
Technology & SaaS
Revenue recognition over time, export of services, ESOP accounting and cross-border withholding.
Financial Services
Regulatory reporting, expected credit loss, capital adequacy and a control environment under close supervision.
Advice for nbfcs & lending
Tell us what you are dealing with and we will point you to the person who knows the sector.