RBI Compliance for Banks, NBFCs, and Payment Companies
Master directions, circulars, and guidelines that change frequently. Multiple entities, multiple requirements, one system to track it all. eQomply helps you stay audit-ready, not just compliant on paper.
The scope of RBI compliance
RBI-regulated entities operate under a dense web of requirements. Master directions, standalone circulars, FAQs, and inspection frameworks that evolve constantly. Compliance teams track obligations across multiple areas, often in silos.
Governance & Board Oversight
Board composition, committee structures, fit and proper criteria, accountability frameworks.
Capital Adequacy & Prudential Norms
CRAR, provisioning, asset classification, exposure limits.
KYC & AML
Customer due diligence, transaction monitoring, STR filing, PMLA alignment.
IT & Cybersecurity
IT governance, cybersecurity framework, incident reporting, business continuity.es. Additional obligations include appointing a DPO, conducting DPIAs, and periodic audits.
Outsourcing
Due diligence, contractual requirements, regulatory reporting for outsourced activities.
Fair Practices & Customer Protection
Lending practices, grievance redressal, transparency in pricing, recovery practices.
Regulatory Reporting
Statutory returns, ad-hoc data submissions, inspection responses.
Why RBI compliance is hard to operationalize
Compliance teams know the rules. The hard part is tracking obligations across entities, updating them when circulars change, producing evidence during inspections, and reporting to the board without a monthly scramble.
1
Circular volume
Hundreds of circulars per year. Identifying what applies to your entity takes time. Tracking implementation takes more.
2
Multi-entity complexity
Group structures with multiple NBFCs, a payments bank, a housing finance company. Each with overlapping but distinct requirements.
3
Inspection readiness
RBI inspections test everything at once. Evidence scattered across teams and systems slows you down.
4
Regulatory change tracking
A new circular lands. Who owns it? What's the deadline? What's the impact? Most teams figure this out manually.
How eQomply helps
eQomply is built for the complexity of RBI compliance. Pre-mapped obligations, automated tracking, evidence capture, and board-ready reporting in one system.
Pre-mapped RBI workflows
Master directions and key circulars mapped to obligations, tasks, and controls. Not a checklist, a working system.
Circular tracking
New circulars flagged, assessed for applicability, assigned to owners, tracked to closure.
Multi-entity management
Group-level visibility with entity-specific compliance tracking. No more consolidating spreadsheets.
Evidence management
Evidence linked to obligations, captured as work happens, ready for inspections.
Inspection readiness
Findings tracked, responses documented, closure workflows built in.
Board reporting
Compliance status, exceptions, and trends in board-ready format. Minutes, not weeks.
Industries and roles this applies to
RBI regulations apply to a specific set of entities. But within those entities, compliance touches multiple functions. These pages may be relevant to you.
01.
By Industry
Entities licensed or regulated by the Reserve Bank of India.
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Banks
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NBFCs
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Housing Finance Companies
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Payment Aggregators & Payment Companies
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Credit Information Companies
02.
By Role
The people responsible for RBI compliance, inspection readiness, and board reporting.
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Compliance Leaders
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Chief Risk Officers
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CISOs
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Internal Audit
See how eQomply handles RBI compliance
A walkthrough tailored to your entity type and regulatory requirements.