STCI Primary Dealer Ltd.

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Fair Practice Code

 

Reserve Bank of India (RBI) has prescribed guidelines on Fair Practices for all Non Banking Financial Companies (NBFC) on the basis of which Fair Practices Code (FPC) shall be put in place by NBFC’s with approval of the Board.

To view the Fair Practice Code of the Company, click here.

Latest News

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India’s Q1 FY18 GDP rose to 5.7% compared to 6.1% in the previous quarter and 7.9% in the corresponding period a year ago. GVA growth stood at 5.6% unchanged from Q4 FY17.
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India’s eight-core sector output grew by 2.4% in July compared to 0.8% a month ago led by growth in sectors including coal, steel and electricity.
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CPI for the month of August stood 100 bps higher at 3.36% vis-à-vis 2.36% in the previous month as a result of a surge in vegetable prices, impact of House Rent Allowances as well as introduction of GST.
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Industrial growth (IIP) saw a modest expansion of 1.2% in July after contracting by 0.1% in June mainly on account of an expansion in electricity and mining sectors.
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Reaching a four month high, wholesale inflation quickened to 3.24% in Aug-2017 from 1.88% observed in the previous month. Though a surge in food prices continued to be a major influence, a sequential increase in prices of fuel and manufactured products contributed to this uptick.
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