Language Settings
Select Website Language
newshunt
newshunt

FIDC to oversee NBFCs as ‘self-regulatory body’

7 months ago

The Reserve Bank of India has officially designated the Finance Industry Development Council (FIDC) as the self-regulatory organisation (SRO) for Non-Banking Financial Companies (NBFCs). This pivotal move aims to significantly enhance compliance, stimulate innovation, and drive overall sector growth. The decision follows a rigorous application process, with FIDC being the sole successful applicant.
Click here to Read More
Previous Article
Enhance tax certainty for foreign companies: Niti Aayog
Next Article
RBI proposes to open foreign borrowing floodgates for companies

Related Business Updates:

Are you sure? You want to delete this comment..! Remove Cancel

Comments (0)

    Leave a comment