#Regulatory Audit

SBI’s ₹23,000 Crore Warning: Will the FCRA Amendment Bill 2026 Freeze NGO Funds?

The State Bank of India warns the Joint Parliamentary Committee of severe systemic risks. Without statutory safe harbors, NGO asset vesting could trigger a compliance nightmare for India's banking sector.

Did RBI Shut Down 13 NBFCs for Fraud? The Facts Tell a Different Story

Panic spread as reports claimed the RBI shut down 13 NBFCs. We audited the September 17 Section 45-IA(6) orders to reveal why most surrenders were routine business exits, not fraud shutdowns.