FLDG Guidelines: Enhancing Risk Management - CloudBankin – A digital loan software by Habile Technologies

FLDG’s new guidelines explained. 

Assume a Fintech company, NEWFintech, does FLDG with a YBank (Regulated Entity RE). 

  • Portfolio agreed – 1 crore.  
  • In this portfolio, say the loss (NPA) happens is 8 Lakhs.   
  • NEWFintech is responsible only for 5%, which is 5 Lakhs  
  • The remaining should be borne by YBank, which is 3 Lakhs 

FDLG cover on any outstanding portfolio shall not exceed 5% of the amount of that loan portfolio. This guideline will emphasize RE to watch the portfolio more carefully. 

#fintech #manispeaksmoney #fldg

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