Permit NBFCs to entry UPI funds platform: FIDC urges Finmin
The Finance Business Growth Council (FIDC) has urged permitting non-banking finance firms (NBFCs) membership within the Unified Cost Interface (UPI) community in order to supply ‘Credit score on UPI’ to their prospects. This consultant physique of NBFCs has additionally urged the Finance Ministry’s Division of Monetary Companies (DFS) to allow NBFCs to entry overdraft amenities … Read more