The SRO Framework

 WHY JOIN US?

Joining NBSRO offers numerous benefits and opportunities for Non-Banking Financial Companies (NBFCs). Here are compelling reasons to become a member of NBSRO:

Regulatory Compliance and Support:

• Expert Guidance: Receive comprehensive support in understanding and complying with the ever-evolving regulatory standards and guidelines.

• Policy Assistance: Get assistance in drafting necessary documents and policies to ensure seamless regulatory compliance and operational efficiency.

Enhancing Credibility and Trust:

• Adherence to Standards: By adhering to our Code of Conduct, your company demonstrates a commitment to ethical conduct, integrity, and professionalism.

• Consumer Confidence: Enhance consumer trust through transparent operations, robust customer protection measures, and clear communication practices.

Dispute Resolution Mechanisms

• Structured Complaint Handling: Benefit from a structured process for handling and resolving complaints, ensuring fairness and transparency.

• Mediation and Arbitration: Access mediation and arbitration services to address conflicts and maintain harmony within the sector.

Educational Resources and Continuous Learning

• Training Programs: Participate in educational programs and training sessions designed to enhance your understanding of regulatory standards and industry best practices.

• Knowledge Repository: Access a repository of valuable information, including research reports, whitepapers, case studies, and more.

Advocacy and Representation

• Policy Advocacy: Have your interests represented in policy discussions with regulatory authorities, contributing to the formulation of industry-friendly regulations.

• Industry Forums: Engage in industry forums and networking opportunities with peers, fostering collaboration and knowledge sharing.

Promoting Innovation and Fair Competition

• Fostering Innovation: Encourage the development of innovative financial products and services that are safe, beneficial, and compliant.

• Fair Competition: Participate in a level playing field that promotes fair competition and discourages anti-competitive practices.

Commitment to Financial Inclusion and Customer Education

• Financial Inclusion: Support initiatives aimed at promoting financial inclusion and literacy among underserved and marginalized communities.

• Customer Education: Provide educational resources and support to help customers make informed financial decisions.

Corporate Governance and Accountability

• High Standards: Uphold high standards of corporate governance, ensuring accountability, transparency, and ethical management practices.

• Regular Audits: Benefit from regular reviews and audits to ensure compliance with our standards and regulatory requirements.

Social Responsibility and Sustainability

• Community Engagement: Engage in activities that benefit the community, including initiatives aimed at promoting financial inclusion and literacy.

• Sustainable Practices: Adopt sustainable practices to minimize environmental impact and promote energy efficiency.

Exclusive Member Benefits

• Policy Updates: Stay informed about the latest regulatory changes and industry trends through our regular updates and communications.

• Networking Opportunities: Access exclusive networking events, industry conferences, and forums to connect with peers and industry leaders.