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Draft RBI (NBFC-Responsible Business Conduct) Directions, 2026-Key AmendmentsThe 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. https://www.corporateprofessionals.com/articles/draft-rbi-nbfc-responsible-business-conduct-directions-2026-key-amendments/

Payment Aggregators in India-The Invisible Engine Behind Every Digital TransactionA 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. https://www.corporateprofessionals.com/articles/payment-aggregators-in-india-the-invisible-engine-behind-every-digital-transaction/

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