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FIDC issues advisory to NBFCs amid successive regulatory actions

FIDC issues advisory to NBFCs amid successive regulatory actions
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Mahesh thakkarIndustry development councilFinance industry development councilGeneral mahesh thakkar

Banking and Finance Sector News Banks can not contact Customers in COVID Know the Reason

Banking and Finance Sector News Banks can not contact Customers in COVID Know the Reason
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New delhiMahesh thakkarFinancial instituteState bankAnon urbanGeneral mahesh thakkarபுதியது டெல்ஹிமகேஷ் தக்கர்நிதி நிறுவனம்நிலை வங்கிஜநரல் மகேஷ் தக்கர்

FIDC seeks extension of MSME restructuring scheme

FIDC seeks extension of MSME restructuring scheme
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Shaktikanta dasMahesh thakkarIndustry development councilFinance industry development councilReserve bankGeneral mahesh thakkarமகேஷ் தக்கர்தொழில் வளர்ச்சி சபைநிதி தொழில் வளர்ச்சி சபைஇருப்பு வங்கிஜநரல் மகேஷ் தக்கர்

FIDC seeks extension of MSME restructuring scheme till March 2022

FIDC seeks extension of MSME restructuring scheme till March 2022 By IANS | 2 Views Reserve Bank of India (RBI). (File Photo: IANS). Image Source: IANS News 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. The RBI had, on February 11, 2020, allowed one-time restructuring of existing MSME advances, classified as standard , without downgrade in the asset classification subject to certain additional provisioning and compliance with the conditions as prescribed in the said notification. The time limit for implementation of the said restructuring was till December 31, 2020.

New delhiNitin gadkariShaktikanta dasMahesh thakkarSmall medium enterprisesIndustry development councilFinance industry development councilReserve bankGeneral mahesh thakkarUnion microMedium enterprises minister nitinபுதியது டெல்ஹிநிடின் கட்காரிமகேஷ் தக்கர்சிறிய நடுத்தர நிறுவனங்கள்தொழில் வளர்ச்சி சபை

Allow partial functioning of NBFCs, FIDC to Maha govt

Allow partial functioning of NBFCs, FIDC to Maha govt By IANS | 2 Views Non-Banking Financial Company (NBFC).. Image Source: IANS News Mumbai, April 5 : The Finance Industry Development Council (FIDC) has requested the Maharashtra government to allow partial functioning of RBI-approved non-banking financial companies (NBFCs) amid the restrictions imposed to tackle the Covid surge. In a letter to the state Chief Secretary, the industry body said that a large number of deposit holders and debenture holders are senior citizens who depend on the interest on fixed deposit and debentures paid on monthly or quarterly basis. Any delay in servicing them will upset their livelihood, it added.

Mahesh thakkarUnion ministry of home affairsIndustry development councilFinance industry development councilChief secretaryGeneral mahesh thakkarUnion ministryHome affairsமகேஷ் தக்கர்தொழிற்சங்கம் அமைச்சகம் ஆஃப் வீடு வாழ்க்கைத்தொழில்கள்தொழில் வளர்ச்சி சபைநிதி தொழில் வளர்ச்சி சபைதலைமை செயலாளர்ஜநரல் மகேஷ் தக்கர்தொழிற்சங்கம் அமைச்சகம்வீடு வாழ்க்கைத்தொழில்கள்