Mumbai, June 20 The Finance Industry Development Council (FIDC) has urged the Ministry of Micro, Small & Medium Enterprises (MSME) to address issues faced by MSME borrowers and the NBFCs catering to these enterprises. The industry body of retail NBFCs had
Mumbai, May 15 The Finance Industry Development Council (FIDC) has sought loan restructuring for the micro, small and medium enterprises (MSME) who benefited from the previous loan restructuring framework provided by the Reserve Bank of India amid the pandemic. In
Mumbai, April 29 The Finance Industry Development Council (FIDC) has urged the Reserve Bank of India (RBI) to implement the new norms regarding appointment of statutory auditors by banks and NBFCs in the next financial year. The guidelines for appointment
Mumbai, April 27 The Finance Industry Development Council (FIDC) has written to the Reserve Bank of India (RBI) seeking permission to restructure loans given by NBFCs in the wake of the deep Covid crisis. The NBFC body, in its letter
New Delhi, April 19 The Finance Industry Development Council (FIDC) has urged the government to include the education sector under the Emergency Credit Line Guarantee Scheme (ECLGS). The NBFC body in a letter to Finance Minister Nirmala Sitharaman noted that
New Delhi, April 18 The Finance Industry Development Council (FIDC) has urged the Reserve Bank of India (RBI) to extend the one-time restructuring scheme for loans to MSMEs till March next year due to the severe second wave of Covid-19.
New Delhi, Dec 25 Finance Industry Development Council (FIDC) has written to the Finance Minister Nirmala Sitharaman seeking measures to improve liquidity support for small and mid-sized non-banking financial companies (NBFC) in the FY22 Union Budget. In its letter, the industry
Mumbai, Oct 23 The Finance Industry Development Council (FIDC) has urged Reserve Bank of India Governor Shaktikanta Das to bring NBFCs under the ambit of the “On-Tap Targeted Long-term Repo Operations” (TLTRO) and allow them to benefit from the scheme.
New Delhi, July 11 NBFCs have been going through a liquidity crisis over the past two years and the Covid-19 pandemic has only worsened the situation. Mahesh Thakkar, the Director General of Finance Industry Development Council (FIDC) is of the
New Delhi, July 6 Finance Industry Development Council (FIDC), the industry body of NBFCs has written to the Finance Minister seeking inclusion of all loans given to individuals for purchase of commercial vehicles under the Emergency Credit Line Guarantee Scheme (ECLGS)
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