'Empower NBFCS, open up AIFS'
Business Standard|June 21, 2024
A group of financial and capital markets players met Union Finance Minister Nirmala Sitharaman for pre-Budget consultation on Thursday and put forth a clutch of demands, including taking measures to bring down reliance of NBFCS on bank funding, and encouraging insurance and pension funds to participate in the alternate investment funds (AIF) industry to finance infrastructure. Consistency in the tax policies was also one of the key demands.
HARSH KUMAR & KHUSHBOO TIWARI

Sitharaman is likely to present the Union Budget 2024-25 in the second half of July.

Raman Agarwal, CoChairman, Finance Industry Development Council suggested that Small Industries Development Bank of India (SIDBI) should be allocated funds to fund non-banking financial companies (NBFCs).

This story is from the June 21, 2024 edition of Business Standard.

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This story is from the June 21, 2024 edition of Business Standard.

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