Governance

Radhya Micro Finance Pvt Ltd (NBFC or the Company) acknowledges the utmost significance of corporate governance in safeguarding trust, accountability, and sustainability across its operations. As a registered Non-Banking Financial Company – Micro Finance Institution (NBFC-MFI) under the purview of the Reserve Bank of India (RBI), it is dedicated to maintaining the pinnacle of corporate governance standards. These directives establish a structure to oversee the behavior of the NBFC’s board of directors, management, and staff, guaranteeing transparency, ethical conduct, and responsibility in every facet of the company’s endeavours.

RBI GUIDELINES

The RBI introduced further enhancements to the corporate governance guidelines via the Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023, issued on October 19, 2023. These directives underscore RBI’s ongoing commitment to promoting sound corporate governance principles within the NBFC sector, ensuring greater accountability, transparency, and adherence to best practices. NBFC remains dedicated to incorporating these regulatory updates into its Corporate Governance framework, thereby upholding the highest standards of governance excellence in its operation.

CODES & POLICIES