Home/Topics/Companies & Institutions/Finance Industry Development Council

🏢Organization Dossier

Finance Industry Development Council

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

13 Stories Indexed

Last Updated: Just Now

Verified Entity Intelligence

Banking, Fintech & Insurance 07 Oct 2026, 11:12 AM IST

NBFCs Now Drive Half of India’s New-to-Credit Borrowers, Up From 24% in 2016: TransUnion CIBIL-FIDC Report

Non-banking finance companies now account for 50% of India’s new-to-credit borrowers, a sharp rise from 24% in 2016, according to a TransUnion CIBIL-FIDC report covering about 2,000 NBFCs. The findings underscore how NBFCs have become a critical entry point into formal credit, especially as India’s consumer finance and mobility markets expand.

By RDU Global Wire4 min read

Banking, Fintech & Insurance06 Oct 2026, 07:44 PM IST

Finance Ministry to Review Bank-Led Push on Financial Inclusion Tuesday

The Finance Ministry will meet heads of banks on Tuesday to review the progress of India’s financial inclusion agenda, with a focus on flagship schemes such as Jan Dhan, Mudra, and government-backed insurance programmes. The review comes as policymakers seek to deepen formal financial access, strengthen last-mile delivery, and ensure that benefits are translating into meaningful credit, savings, and protection for low-income households and small businesses.

5 min readRead →

Banking, Fintech & Insurance06 Oct 2026, 11:01 AM IST

Finance Ministry Sees No Cash Surge After UPI MDR Levy, Sources Say

The Finance Ministry does not expect the proposed merchant discount rate on select UPI transactions to trigger a meaningful shift back to cash, according to sources familiar with the matter. Officials believe the impact will be limited because only a small share of total UPI volume will be affected, while RuPay debit card transactions will remain exempt and free for users.

5 min readRead →

Startups & Venture Capital06 Oct 2026, 10:39 AM IST

Why Finance Teams Must Start Thinking in Systems

Finance functions in startups are moving beyond bookkeeping and reporting to become architects of connected business processes. As companies scale, teams that design systems around automation, visibility, and control are better placed to cut manual work and support faster decision-making.

5 min readRead →

Banking, Fintech & Insurance06 Oct 2026, 07:25 AM IST

National Housing Bank Orders Forensic Audit of SRG Housing Finance Over Alleged Fictitious Loans

The National Housing Bank has initiated a forensic audit of SRG Housing Finance amid allegations of dubious lending practices, including possible fictitious loans and mismatches in repayment records. The probe is expected to examine consumer data, loan origination files and account-level documentation to determine whether fraud occurred.

4 min readRead →

Startups & Venture Capital06 Oct 2026, 05:57 AM IST

Why Finance Teams Must Think in Systems as Workflows Tighten Across Startups

Finance teams in startups are moving beyond bookkeeping and month-end reporting to become architects of connected business processes. As companies scale, the pressure to reduce manual work, improve visibility and build repeatable systems is pushing finance leaders into a more strategic role.

6 min readRead →

National Governance & Policy06 Oct 2026, 04:30 AM IST

Finance Ministry Seeks Banks’ Views on AI Loan Collection Tools as Adoption Widens

The finance ministry has asked banks to share feedback on their use of artificial intelligence in loan collection, signalling a closer policy review of how lenders are deploying automation in recovery and borrower engagement. The exercise is aimed at assessing adoption levels, customer-protection safeguards and the extent to which conversational AI is being used in collections.

5 min readRead →

Big Tech, Cloud & Semiconductors07 Oct 2026, 07:27 AM IST

Cable Industry Prepares Lawsuit to Block Trump FCC’s Move on TV Ownership Cap

The U.S. cable industry is preparing to sue the Trump-era Federal Communications Commission over its plan to repeal the national television ownership cap, arguing the agency lacks authority to erase a limit established by Congress. The dispute could determine whether the FCC can reshape broadcast consolidation rules without new legislation, setting up a major test of administrative power in media policy.

5 min readRead →

Startups & Venture Capital06 Oct 2026, 02:02 PM IST

India Needs Its Own AI Safety Framework, Not a Copy of the US Pact, Industry Experts Say

India should design an artificial intelligence safety framework tailored to its languages, scale and application-led startup ecosystem rather than mirror a voluntary pact recently backed by US President Donald Trump and leading technology companies, industry experts said. They argued that India’s regulatory response must balance innovation with accountability, while reflecting the country’s unique risks in multilingual deployment, public-facing use cases and rapid enterprise adoption.

5 min readRead →

Global Health & Biotech06 Oct 2026, 01:40 PM IST

Cable Industry Readies Lawsuit Over FCC Bid to Scrap TV Ownership Cap

The U.S. cable industry is preparing to sue the Federal Communications Commission over its move to repeal the national television ownership cap, arguing the agency lacks authority to erase a limit imposed by Congress. The dispute sets up a major legal test over who controls broadcast consolidation policy at a moment of intense pressure on legacy media economics.

5 min readRead →

Big Tech, Cloud & Semiconductors06 Oct 2026, 04:09 AM IST

Cable Industry Set to Sue Trump FCC Over Move to Scrap TV Ownership Cap

The U.S. cable industry is preparing to challenge the Trump-era Federal Communications Commission over its plan to repeal the national television ownership cap, arguing the agency lacks authority to erase a limit established by Congress. The dispute could become a major test of how far regulators can go in reshaping broadcast ownership rules without new legislation.

5 min readRead →

Frontier AI & Machine Learning05 Oct 2026, 01:40 PM IST

Trump’s AI Rebrand Meets a Harder Test: Can ‘Superintelligence’ and a Voluntary Safety Pact Fix the Industry’s Image Problem?

The Trump administration is trying to recast artificial intelligence as a national competitiveness story, leaning on the language of “superintelligence” and a non-binding safety pact to soften public fears. But the effort faces a familiar obstacle: voluntary commitments may help with optics, yet they do little to resolve the deeper questions of accountability, risk, and who sets the rules for frontier AI.

6 min readRead →

Clean Energy & Climate Transition05 Oct 2026, 03:17 AM IST

A Vast Ocean Graveyard Reveals the Hidden Cost of Modern Industry

A sprawling underwater dumping ground larger than Central Park, lying about 24 metres below the surface, has drawn renewed attention for the scale of industrial waste once discarded at sea. The site, which reportedly contains hundreds of subway cars and even a few tanks, underscores how past disposal practices continue to shape today’s environmental and climate agenda.

5 min readRead →

🏢 About this Entity

Corporations, startups, regulatory bodies, central banks, ministries and judicial courts. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.

Co-Occurring Entities

Entities frequently referenced alongside Finance Industry Development Council:

TransUnion CIBIL(1)Non-Banking Financial Companies(1)New Delhi(1)