Engineering vocabulary, not marketing language.

RBI-regulated consent-led data sharing framework. Allows FIUs to fetch FI data from FIPs through a consent abstraction. See the AA primer for architectural implications.

Association of Mutual Funds in India. Industry body governing MF distribution standards, ARN registration, and reporting.

AMFI Registration Number, required identifier for mutual fund distributors and intermediaries.

Immutable, queryable, retained event log per business entity (loan, claim, mandate). Required for RBI / SEBI / IRDAI inspection defense.

Bharat Bill Payment System, interoperable bill payment infrastructure operated by NPCI.

RBI-authorised agent network that delivers banking and lending services at the last mile. Central to MFI and rural-banking operations for KYC, disbursement, and collection touchpoints.

Configurable engine evaluating underwriting policies, scorecards, eligibility, with audit log per decision.

Automated parsing and categorization of bank statements for income, EMI, and risk signals. Vendors: Perfios, Finbox, AA-driven flows.

BSE's mutual fund execution platform, used by distributors, advisors, RIAs for transaction processing.

Credit information companies licensed by RBI. NBFC LOS platforms typically integrate multiple bureaus for triangulated bureau data.

RBI-regulated arrangement where banks co-lend with NBFCs at agreed split ratios. Requires partner ledgers, settlement workflows, and FLDG accounting.

Process of recovering dues from delinquent loans. Driven by DPD bucket transitions; governed by RBI Fair Practices Code.

Days a loan is overdue beyond contractual EMI date. Drives bucket transitions: Standard → SMA-1 → SMA-2 → NPA.

Digital Personal Data Protection Act, India's primary data protection law. Governs personal data processing, consent, retention, erasure rights.

Electronic / centralized / video-based KYC mechanisms. Vendor abstractions: Digio, Hyperverge, Idfy, Karza, Signzy.

Electronic mandate via NPCI eMandate, BBPS, or UPI Mandate, for recurring debits like NACH replacement.

Financial Information User / Financial Information Provider, roles in the AA framework.

Mechanism where a partner provides initial guarantee against loan defaults. Reshapes ledger schema and reconciliation logic.

Document confirming receipt of goods. Anchor in 3-way PO/Invoice/GRN reconciliation.

Income Recognition and Asset Classification norms issued by RBI. Drives NPA classification: Standard → Sub-standard → Doubtful → Loss.

State-owned investment vehicle with global allocation mandates. Anchor buyer for institutional investment intelligence platforms.

Group of borrowers (typically 5 to 10 women) who collectively guarantee each other's loans. The dominant lending model for NBFC-MFIs. Drives group disbursement, centre-meeting workflows, and shared-default ledger logic.

Regulator-format document summarizing loan terms, costs, charges. RBI-mandated under DLG.

Know Your Customer, identity verification per RBI Master Direction. eKYC / CKYC / Video-KYC are digital variants.

Servicing platform: EMI scheduling, charges, NPA, prepayment, restructuring, GL integration, audit trail.

Origination platform: Lead → KYC → Underwriting → Sanction → Disbursement, with bureau, BSA, eKYC, eSign, payment-rail integrations.

National Automated Clearing House, NPCI's bulk debit/credit infrastructure for EMIs, salaries, mandates.

Non-Banking Financial Company. Regulated by RBI, lends without holding banking license. Categories: NBFC-IFC, NBFC-MFI, NBFC-HFC, etc.

RBI-registered NBFC category for microfinance lenders. Specific Master Direction governs qualifying-asset thresholds (85% rule), margin caps, group-lending (JLG) workflows, and cash-collection field operations.

Asset where DPD ≥ 90 (typically). RBI requires real-time NPA event handling for collections, GL provisioning, and pricing.

National Payments Corporation of India, operator of UPI, NACH, IMPS, BBPS, NPCI eMandate, etc.

Purchase Order / Vendor Invoice / Goods Received Note, anchors in 3-way AP reconciliation.

RBI-defined lending targets that direct credit to underserved sectors (agriculture, MSME, weaker sections, microfinance). NBFC-MFIs operate inside the PSL framework with specific classification logic and reporting.

Role-Based Access Control. Required by RBI IT Outsourcing and DPDP for segregation of duties and audit defense.

RBI Digital Lending Guidelines (2022). Architecture-level constraint on lending platforms, not a feature checklist. See the DLG primer.

Customer-treatment standards including calling time windows, harassment escalation, grievance redressal SLAs.

Master Direction governing how regulated entities engage technology vendors. Drives vendor management, exit clauses, audit rights.

Matching transactions across multiple data sources (MIS, bank, payment aggregator, accounting). NSWS productized accelerator hits 90–95% auto-match.

Registered Investment Adviser, SEBI-registered fee-only investment advisor.

Securities and Exchange Board of India, regulator for capital markets, mutual funds, advisors.

Pre-NPA bucket: SMA-0 (1–30 DPD), SMA-1 (31–60), SMA-2 (61–90). Drives early-warning collections workflows.

Settlement timing: same-day vs next-day. T+1 batch posting is common in QR / merchant aggregator settlements.

NPCI-operated payment rails. UPI for retail, IMPS for instant transfers, RTGS for high-value real-time gross settlement.

Unique Transaction Reference, anchor identifier for matching bank-side transactions during reconciliation. UTR-based dedup prevents double-counting.