The preparation of policies for Non-Banking Financial Companies (NBFCs) is a crucial aspect of their regulatory compliance and risk management. NBFCs are required to develop and document various policies, including risk management policies, asset-liability management policies, and customer grievance redressal policies. These policies serve as guidelines to ensure that the NBFC operates in accordance with regulatory standards and best practices. The process of policy preparation involves a thorough assessment of the company’s operations, risk profile, and compliance requirements. Experienced professionals and legal experts often play a role in crafting these policies to align them with regulatory frameworks and industry standards.