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

Indias Q2FY18
India’s Q2FY18 GDP rose to 6.3% compared to 5.7% a quarter ago and 7.5% in the year ago period. GVA growth stood at 6.1% compared to 5.6% in Q1FY18
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Fiscal deficit
Fiscal deficit for the Apr-Oct period stood at Rs 5.25 tn which is 96.1% of the budgeted fiscal deficit compared to 79.3% for the corresponding period in the previous year
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In its Fifth
In its Fifth Bi-monthly Monetary Policy, RBI maintained ‘status quo’, leaving key policy rates unchanged.
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Inflation projection
Inflation projection for H2 FY18 was revised marginally upwards to 4.3%-4.7% from 4.2%-4.6% previously.
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Standing 130
Standing 130 bps higher, CPI for the month of November came in at 4.88% as compared to 3.58% in October mainly led by an unabated surge in vegetable and fuel prices. Core CPI also saw an uptick standing at 4.86% in Nov vis-à-vis 4.55% in Oct.
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November WPI
November WPI stood at 3.93% up from 3.59% observed a month ago mainly led by inflationary pressures in primary articles.
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Industrial
Industrial production as measured by IIP saw some moderation standing at 2.2% in Oct as compared to 4.2% in Sep. Strong growth impulses emanating from the mining sector aided, despite the sequential contraction observed in both manufacturing and electricity sectors.
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