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FIDC
Share of new-to-credit customers rises to 50% in June 2026 from 24% in June 2016: TransUnion CIBIL-FIDC reportNBFCs now account for half of India’s new-to-credit (NTC) borrowers, up from 24% in 2016, according to a TransUnion CIBIL-FIDC report cover...02 Oct, 2026, 11.59 PM IST- RBI grants self-regulatory body status to FIDC for non-bank lending sectorThe Reserve Bank of India granted self-regulatory organisation status to the FIDC on Friday. This action aims to enhance compliance in the ...03 Oct, 2025, 06.27 PM IST
- NBFC lobby group demands dedicated refinance bank, more level playing field with banksThe Finance Industry Development Council (FIDC) has urged for a dedicated refinance window through Small Industries Development Bank of Ind...21 Jun, 2024, 01.48 PM IST
- FIDC urges RBI to relax draft guidelines on infrastructure provisioningThe Finance Industry Development Council (FIDC) has urged the Reserve Bank of India (RBI) to reconsider and clarify certain proposals in it...11 Jun, 2024, 12.04 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
- 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
- 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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