STCI Primary Dealer Ltd.

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Corporate Governance Guidelines


Reserve Bank of India vide their Circular dated May 08, 2007 and July 11, 2007 have issued guidelines on Corporate Governance to non – deposit taking NBFCs with an asset size of Rs. 100 crore or above in order to enable the adoption of best practices and greater transparency in their operations. In view of the above RBI Guidelines, the Company lays down the following set of guidelines / corporate governance practices to create value for the stakeholders viz. the shareholders, employees, customers, society at large etc.

To view the Corporate Governance Guidelines of the Company, click here.

Latest News

In its Fifth Bi-Monthly
In its Fifth Bi-Monthly Monetary Policy for FY19, the MPC-panel maintained ‘status quo’. Consequently, key policy rates remained unchanged - Repo rate at 6.50%, Reverse repo at 6.25% and MSF at 6.75%.
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Inflation projections for
Inflation projections for 2018-19 were revised downwards as food inflation has remained benign. It is projected at 2.7%-3.2%% in H2 FY19 (3.8%-4.5% previously) and 3.8%-4.2% in H1 FY20.
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Growth for FY19
Growth for FY19 is projected at 7.4% with 7.2%-7.3% in H2 FY19 (7.3%-7.4% previously). Growth in H1 FY20 is projected to stand at 7.5%.
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Belying market expectations, CPI for Nov-18
Belying market expectations, CPI for Nov-18 stood at a 17 month low of 2.33% vis-à-vis 3.38% (3.31% previously) observed in the previous month aided by a strong favorable base and continued moderation in food inflation. However, core CPI edged higher to 6.18% from 5.81% in the previous month.
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Industrial production witnessed a sharp rise
Industrial production witnessed a sharp rise of 8.1%in Oct-18 vis-à-vis 4.5% in Sep-18. On sequential basis, upward momentum was observed across sectors with Mining at 14.2%, Electricity at 1.9% and Manufacturing at 1.6%.
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Wholesale inflation for Nov-18
Wholesale inflation for Nov-18 came in at 4.64%, lower than 5.28% registered in Oct-18. Despite inflationary pressures from food items, lower fuel prices and a favourable base effect led to this downtick in inflation. Consequently, core WPI inched down to 4.88%, as compared to 5.15% in Oct-18
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