The SFL show is largely run by Arathi and Arundathi Krishna, with their proud dad cheering them on.
Krishna, who founded the company in the 1964, will continue to be a Director and Chairman of the Board, the company said in a statement.
And even though the central bank might find it quite a task to regulate the nearly 600 companies that make up the sector, CNBC-TV18's Vineetha Athrey and Gopika Gopakumar learn that MFIs on their part, are cheering the idea.