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Tag "Finance Industry Development Council"

FIDC urges govt to address issues of MSME borrowers & NBFCs

FIDC urges govt to address issues of MSME borrowers & NBFCs

🕔06:04, 21.Jun 2021

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

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Implement norms for statutory auditors in next fiscal, FIDC to RBI

Implement norms for statutory auditors in next fiscal, FIDC to RBI

🕔06:55, 29.Apr 2021

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

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NBFC body urges RBI to allow loan restructuring

NBFC body urges RBI to allow loan restructuring

🕔18:39, 27.Apr 2021

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

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NBFC body seeks inclusion of education in ECLGS

NBFC body seeks inclusion of education in ECLGS

🕔16:32, 19.Apr 2021

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

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FIDC seeks extension of MSME restructuring scheme till March 2022

FIDC seeks extension of MSME restructuring scheme till March 2022

🕔18:36, 18.Apr 2021

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.

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FIDC seeks liquidity support for smaller NBFCs in upcoming budget

FIDC seeks liquidity support for smaller NBFCs in upcoming budget

🕔17:29, 25.Dec 2020

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

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FIDC urges RBI to allow NBFCs avail ‘On-Tap TLTRO’ scheme

FIDC urges RBI to allow NBFCs avail ‘On-Tap TLTRO’ scheme

🕔17:46, 23.Oct 2020

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.

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NBFC body urges FM to include individuals under ECLGS

NBFC body urges FM to include individuals under ECLGS

🕔18:30, 6.Jul 2020

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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