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FIDC
Clarification likely on GST on NBFC co-lendingThe government, led by Vivek Joshi, addresses concerns around GST levy on co-lending arrangements with NBFCs, raising issues of distortion ...21 May, 2024, 12.24 AM IST- RBI's new lending norms: NBFCs play up spectre of collateral damage, knock on regulator's doorsIn a written communication to the apex bank, NBFCs -- lend to small businesses and provide secured loans -- have sought lower risk weightag...24 Nov, 2023, 06.05 PM IST
- NBFCs seek priority tag extension for agri, MSME on-lendingThe scheme made bank credit to registered NBFCs (other than micro-finance institutions) for on-lending to agriculture and MSME sectors up t...28 Apr, 2022, 06.38 AM IST
- RBI rejects NBFCs' plea to relax prudential asset quality normsThe central bank told the NBFC lobby group Finance Industry Development Council (FIDC) that it intends to impose uniform prudential asset q...17 Dec, 2021, 06.23 AM IST
- NBFCs ask RBI Guv to relax NPA classification deadlineNon-bank lenders have reached out to the Reserve Bank of India Governor Shaktikanta Das for a relaxation in the deadline to comply with the...19 Nov, 2021, 07.20 AM IST
- FIDC-led consortium to set up on-tap refinance mechanism non-bank lenders“There is a dire need for an effective refinance mechanism to ensure diversity and greater regularity in sources of funds to NBFCs,” FIDC s...04 Oct, 2021, 05.21 PM IST
- FIDC seeks liquidity support for NBFCs for on-lending to MSMEsWith the changing economic environment and the associated developments, NBFCs, especially, small and medium sized ones, are facing liquidit...20 Jun, 2021, 04.44 PM IST
- Offer one-off loan recast to individual borrowers: NBFCs tell RBIThe Finance Industry Development Council (FIDC), an industry body representing last-mile lenders, wrote to the central bank governor as ris...28 Apr, 2021, 07.22 AM IST
- Restructure retail & individual loan accounts, liquidity support: FIDC to RBIThe body in a letter addressed to Shaktikanta Das, Governor of RBI, said this was for the interests of retail NBFCs who “primarily cater to...27 Apr, 2021, 02.57 PM IST
- NBFCs seek extension of MSME restructuring scheme till March 2022In a recent letter written to RBI Governor Shaktikanta Das, FIDC, an industry body of NBFCs, said due to the severe second wave of COVID-19...18 Apr, 2021, 03.05 PM IST
- Debt recast: FIDC suggests dropping additional provisioning requirement for NBFCsIn August, the Reserve Bank of India (RBI) allowed one-time restructuring of corporate and personal loans due to the COVID-19 pandemic. Und...07 Sep, 2020, 03.51 PM IST
- FIDC seeks dedicated fund for small, medium NBFCsThe small and medium NBFCs account for more than 90 per cent of the total number of non-banking finance companies registered with the Reser...17 Jul, 2020, 03.16 PM IST
- India boosts development aid to other countriesThe ministry of external affairs is smarting under a Rs 500-crore cut in its budgetary allocation, but the government has actually hiked th...04 Mar, 2016, 12.44 PM IST
- NBFC-AFCs body for I-T exemptions at par with banksFIDC has asked the Ministry to extend the benefit of I-T Act's section 43D that recognises income on NPAs during the year of receipt.23 Nov, 2015, 10.16 PM IST
- Don't club us with MFIs, NBFCs to tell Malegam panelThe Finance Industry Development Council has sought a meeting with the Malegam Committee to move the point that NBFCs are different from mi...30 Nov, 2010, 05.36 AM IST
- NBFCs tell RBI they are better-placed to float bankNon-banking finance companies (NBFC) have told the Reserve Bank of India (RBI) that they are more competent to float a bank compared to a c...08 Oct, 2010, 01.50 AM IST
- NBFCs want 10 years to cut promoter stake in new banksThe FIDC on Thursday suggested the central bank, when awarding new banking licences, should give promoters 10 years to cut stake to prescri...07 Oct, 2010, 03.51 PM IST
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