Apr 20, 2021 09:29 PM IST
The Finance Industry Development Council has sought the inclusion of 'retail trade' and 'wholesale trade' as activities recognised by the Ministry of MSMEs for registration.
- Nov 21, 2016 10:39 AM IST
Speaking to CNBC-TV18 PN Vasudevan, MD of Equitas, said that it became a bank recently and it hasn‘t seen any impact in terms of collections owing to the demonetisation drive.
- Jul 18, 2012 09:15 AM IST
India's majority of non-banking finance companies (NBFCs) may be freed from the regulatory clutches provided RBI implements one of the recommendations made by Usha Thorat Committee, which suggested maintaining a minimum asset size of more than Rs 50 crore along with a net owned fund of Rs 2 crore; for registering any new NBFC.
- Sep 21, 2011 09:00 PM IST
The Finance Industry Development Council (FIDC), a self-regulatory organization for registered NBFCs-AFCs has elected R. Sridhar, managing director of Shriram Transport Finance Company as its chairman for two years at its meeting held on 20th September 2011 at Mumbai.
- Aug 04, 2011 05:01 PM IST
Finance industry development council (FIDC), the self-regulated body of non-banking finance companies, has petitioned the Reserve Bank of India seeking restoration of the priority sector tag for bank loans to NBFCs.