Step Up · NBFC governance partner + CS team

NBFC Compliance & Governance

The RBI does not read an NBFC one return at a time. It reads the board, the policies, the risk architecture and whether the numbers have been telling a consistent story — and comfort is withdrawn long before a licence is. This engagement builds the governance a supervisor expects to find, and keeps it current between inspections.

The problem

An NBFC is supervised, not merely regulated. Capital adequacy, fair practices, KYC discipline and board oversight are read together — and a weak governance record costs far more than any single return.

Governance is cheapest to build in the years nobody is asking to see it.
— what our partners tell every step up founder
How Bequip handles it

We build and maintain the governance architecture the RBI expects to find — committees, policies, risk oversight and a supervisory-grade reporting rhythm — and stand with you when the regulator engages.

What’s included

  • Scale-based regulation applicability and layer assessment
  • Board, audit and risk committee constitution
  • Policy architecture — fair practices, KYC/AML, outsourcing
  • Capital adequacy and prudential norm monitoring
  • Statutory auditor and RBI inspection preparation
  • Representation and response support on RBI engagement

What you receive

  • NBFC Governance Framework
  • Regulatory Risk Assessment Report
  • Board & Committee Charter Pack
  • RBI Compliance Dashboard
  • Fair Practices & KYC Audit Review

How it works

1
Governance review

We assess how decisions are made, minuted and evidenced, then hand you a Governance Scorecard.

2
Risks ranked by consequence

A written Risk Assessment Report: what exposes the company, what exposes the directors, what can wait.

3
Roadmap & handover

A Governance Roadmap with named owners and dates, plus a clean transition from your existing advisors.

4
Board-ready rhythm

A senior advisor, a live Compliance Dashboard and a monthly reporting pack your board can read.

Why boards and promoters bring us in

1500+businesses advised
20+years of combined experience
10+industries served
800+supported through transition
98%client retention
ICAIICSIStartup IndiaMSME RegisteredK-DISC

Proof

The businesses we advise and what changed.

“Bequip Advisory is an excellent partner for company secretarial, legal, taxation, financial and consultancy services. They provide a complete package for setting up and running a business. Their monthly newsletters and compliance calendar are particularly useful in keeping the business organised and compliant.”
SISwaminathan S IyerBusiness owner
“Bequip Advisory is one of the best management consultancies for company secretarial, corporate legal, project structuring, amalgamations and strategic mergers, management consultancy and franchise advisory. Their prompt reminders and timely delivery make managing complex business requirements much easier.”
AJAhamed JavedPromoter
“Bequip Advisory helped us bring greater structure and clarity to our corporate governance. Their understanding of board processes, compliance and business requirements gave us the confidence to make decisions with better oversight and accountability. They are more than compliance advisors — they bring a strategic perspective to governance.”
MDManaging DirectorMid-sized company, Kerala

Read the full success stories

Before you ask

Questions founders ask
about NBFC Compliance & Governance.

Something else on your mind? Ask us directly — a senior adviser replies, fast.

Which stage of business does Bequip work with?

All three. Set Up — businesses establishing, restructuring or formalising. Step Up — businesses that have outgrown informal systems and founder-led decision-making. Scale Up — businesses preparing for expansion, capital, transactions or institutionalisation. Most clients arrive at a transition between stages; that is exactly the moment we are built for.

When does a business need a Fractional CFO?

Usually at Step Up — when revenue is growing faster than your visibility of it: numbers arrive late, cash flow isn’t clear, and the founder still drives every financial decision. A Fractional CFO brings senior financial leadership — planning, MIS, forecasting, management reviews — without the cost or commitment of a full-time hire.

Does Bequip replace our CA / auditor?

No — and we don’t try to. Your CA keeps the books and the statutory work; your auditor stays independent. Bequip takes the layer above: governance, structuring, transitions, transactions, and CFO-level decision support. Most engagements run alongside a CA the client already likes. We brief them, not around them.

When should a business consider restructuring or transition advisory?

Before the pressure point, not after it — when the founder is still in every decision, when the next generation is entering, when a partnership has outgrown its deed, or when a raise or transaction is 12–24 months away. Structures are cheapest to change while nothing is forcing the change.

Can Bequip support one specific business transition?

Yes. Many engagements are a single defined transition — a corporatisation, a founder-to-management handover, a family succession, a fund-raise, an India entry. We agree the scope and the deliverable up front, and if it later grows into standing advisory, that is your call, not our assumption.

Considering NBFC Compliance & Governance? Bring us in early.

A free 30-minute strategy call with a senior advisor — your top risks and next moves, mapped.