New Borrowers, New Risk Profiles

Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?

I am a Company Secretary by profession with close to 11 years of experience in the NBFC sector, specializing in compliance, regulatory governance, and corporate secretarial functions. Over the years, I have worked extensively to ensure regulatory alignment with the Reserve Bank of India (RBI) frameworks, as well as compliance with the Companies Act and SEBI regulations, particularly in listed entities.

My role has primarily involved strengthening governance frameworks, designing robust compliance systems, and ensuring that organizations remain aligned with evolving regulatory expectations in the financial services sector.

I was also recognized as one of India’s Leading 30 Chief Compliance Officers by India Startup Times and featured in an interview highlighting emerging leadership in the compliance space. My professional focus has always been on building transparent, accountable, and well-governed compliance ecosystems that support sustainable growth in the NBFC industry.

Q2. How is the structure of the NBFC sector evolving in response to regulatory harmonization with banks, and what does that mean for long-term competitive positioning?

Over the past few years, the NBFC sector has undergone a significant structural…