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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


In its third bi-monthly policy the MPC panel cut the policy rate by 25bps to 6% while maintaining a neutral stance
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India’s retail inflation bounced off record low to 2.36% in July from 1.46% in the previous month as costs of food articles and housing soared. Core CPI rose to 3.96% compared to 3.85% in June
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Wholesale price-based
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Consequently, the policy rates are as follows: Repo rate: 6%, Reverse Repo rate: 5.75%, MSF rate 6.25%.
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The panel kept their inflation forecast unchanged at 2-3.5% for H1FY17 and 3.5-4% for H2FY17, however raising concerns over the sustainability of these levels
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India’s factory output contracted to a four-year low of 0.1% in June compared to 1.7% a month ago owing to a slowdown in manufacturing activity
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