Restructure retail & individual loan accounts, liquidity support: FIDC to RBI

The body in a letter addressed to Shaktikanta Das, Governor of RBI, said this was for the interests of retail NBFCs who “primarily cater to the funding needs of MSMEs, truck/taxi drivers, machine operators and marginal farmers and provide loans for acquiring the vehicles/tractors/equipments for productive purposes."

from Banking/Finance-Industry-Economic Times https://ift.tt/3dSO1Bq