The industry has significantly boosted India's economic growth by providing financial support to a diverse range of individuals and businesses, including those often excluded from traditional bank loans.

The NBFC industry faces challenges like regulatory compliance, funding stability, credit quality management, and competition from banks and fintech players. Navigating these hurdles requires adaptability, risk management, and innovation.

The Grant Thornton Bharat advantage

Redefining customer experience with Salesforce

    BFSI & Fintech

    Road ahead in the digital era

    ECL AssessPro

    ECL Model Maturity Assessment Tool from Grant Thornton Bharat

    India's Best Financiers

    With 43% of retail credit demand coming from 18-30 year age group, lenders need to set new benchmarks to cater to the needs of this cohort.

      RBI Master Directions on fraud risk management

      The Board of Directors’ overall roles and responsibilities in fraud risk management, enhance internal control frameworks, and ensure compliance with principles of natural justice.

      Risk barometer survey for fintech lending

      The survey, in collaboration with Fintech Association for Consumer Empowerment (FACE), will assess the risk perception of various stakeholders, including customers in digital lending.

        Our solutions

        • Our solutions

          Regulatory compliance

          Our expertise, strong ties with regulatory authorities, and extensive work in the realm of regulatory frameworks and guidelines can assist your organisation in cultivating a culture of compliance. As part of our compliance solutions, we aid in evaluating risks, implementing, and overseeing programs.

        • Our solutions

          Risk management

          We specialise in providing solutions tailored to the regulations applicable to Non-Banking Financial Companies (NBFCs), encompassing both quantitative and qualitative aspects. We also offer governance solutions related to internal control and financial controls.

        • Our solutions

          Governance services

          We offer comprehensive governance solutions, including internal audits, process reviews, development of Standard Operating Procedures (SOPs), assessments of governance culture, as well as specialised risk management reviews focused on Enterprise Risk Management (ERM) and model validation.

        • Our solutions

          Quality assurance review

          Backed by cutting-edge tools and strong partnerships with regulatory and industry authorities, our team consistently delivers services that encompass activities such as mock audits, risk and compliance evaluation, proactive risk management, AI/ML-powered transformation, analysis of critical skill gaps, improvements in reporting mechanisms, and vigilant fraud prevention. This approach ensures a dynamic and all-encompassing strategy to safeguard your business's security and success.

        • Our solutions

          Finance transformation

          Delivering finance-related services and transformative change, we specialise in enterprise performance management (EPM) solutions, encompassing planning, budgeting, and consolidation. Our expertise extends to cost optimisation services. We also provide EUC solutions, emphasising governance and remediation for a comprehensive approach.

        • Our solutions

          Transformation management office

          As industries undergo significant market shifts, organisations pursuing large-scale transformations prioritise success through a transformative approach. Emphasising clear vision, integrated strategies, and value-centric execution, our transformation office provides a comprehensive framework from initial strategy development to seamless technology implementation.

        • Our solutions

          Prevention/ investigation of front running and market abuse

          We conduct forensic review of equity, derivative and debt trades on 15+ fraud parameters to identify potential cases of front running and insider trading within the investment function. For cases where triggers are identified, enhanced investigation is carried out.

        • Our solutions

          Fraud analytics

          We conduct advanced analytics on high-risk areas susceptible to fraud by utilising over 100+ industry-specific fraud indicators. Subsequently, deploying enhanced investigation procedures in response to triggers identified during the analytics process.

        • Our solutions

          Delinquency review

          We enable the organisations to identify if the root cause for heightened delinquency in a product portfolio is business reasons or fraud related elements.

        • Our solutions

          Fraud resilience testing

          We help the organisations in testing their fraud immunity by exposing critical business processes to fraud externalities (stress testing).

        Teal Background

        Creation of a transfer pricing model

        1.
        Problem statement
        An international financial services company required assistance in developing a Transfer Pricing (TP) model for providing debt monitoring services in India.
        2.
        Our solution
        We conducted a comprehensive Functional, Assets, and Risk analysis (FAR analysis), performed an economic analysis, including robust benchmarking analysis, and advised for the proposed inter-company transaction.
        3.
        Impact
        We helped in streamlining the client's intra-group transactional flow. Our assistance ensured the implementation of the optimal TP model, contributing to future operational success and ensuring compliance with tax regulations.
        Review of operational risk management framework

        Review of operational risk management framework

        1.
        Problem statement
        We were engaged by a leading foreign investment bank to assist in the review of their operational risk management framework.
        2.
        Our solution
        We conducted a thorough review of the investment bank's operational risk management framework, aligning it with global best practices and Basel norms. Our team also assessed the comprehensiveness and adequacy of the bank's risk and control...
        3.
        Impact
        The result was a detailed gap assessment report highlighting observations and improvement opportunities for the bank.
        Orange Background

        Helped a newly formed NBFC set up IT infrastructure and...

        1.
        Problem statement
        We were engaged by an NBFC for project management for establishment of infrastructure and implementation of business-critical applications.
        2.
        Our solution
        We conducted an IT gap assessment to evaluate the current AS-IS IT landscape and proposed areas for improvement. We provided comprehensive project management and governance for implementing critical applications such as Loan Management...
        3.
        Impact
        As a result of our guidance, the client was able to successfully close its annual IT/IS audit and improve its operational efficiency.