RBI-recognised SRO

Finance Industry Development Council FIDC

NBFCs (incl. digital lenders) — recognised under omnibus framework, not the SRO-FT framework

Recognised03 Oct 2025
StatusActive SRO (NBFC)
Listed members0 ()
Sitewww.fidcindia.org.in

Why it matters if you borrow or pay

  • Self-regulates the NBFC industry — the sector behind most vehicle, gold, MSME and many personal loans.
  • Monitors fair-practices-code compliance and recovery-agent conduct across member NBFCs.

What we're watching

  • No public member roster. Claims ~400 members in press material but publishes no list — a transparency gap this tracker flags.
  • The 'List of NBFCs' page on its site contains RBI registration statistics, not its own membership.

Governance

Board / Governing Council

NameRoleAffiliation
Umesh RevankarChairman (since Aug 2023)Executive Vice Chairman - Shriram Finance
Kamlesh GandhiGoverning Council MemberFounder & MD - MAS Financial Services
K V SrinivasanGoverning Council Member (Additional Director wef 2026-01-20)CEO - Profectus Capital
Mahesh ThakkarGoverning Council MemberFormer Director General - FIDC
V P NandakumarGoverning Council MemberMD & CEO - Manappuram Finance
Shachindra NathGoverning Council MemberFounder & MD - UGRO Capital
N S VishwanathanGoverning Council Member (Additional Director wef 2026-06-23)Ex-Deputy Governor - RBI
Sudipta RoyGoverning Council MemberMD & CEO - L&T Finance
Rajeev JainGoverning Council Member (Additional Director wef 2026-06-23)Vice Chairman - Bajaj Finance
Alok SondhiGoverning Council Member
Dinesh KanabarGoverning Council Member
Deepak MehtaGoverning Council Member
Hemant ChordiaGoverning Council Member
Manish ShahGoverning Council Member
Raul RebelloGoverning Council Member (Additional Director wef 2026-02-01)
Ravindra Kumar KunduGoverning Council Member
Rajiv SabharwalNon-Executive DirectorVice Chairman & MD - Tata Capital
Rajiv LochanNon-Executive DirectorMD & CEO - Poonawalla Fincorp
Narendra JadhavIndependent Director (resigned wef 2026-06-23)

Executive Committee / Office bearers

NameRoleAffiliation
Raman AgrawalCEO

Advisory Council

NameRoleAffiliation
Dr. Aneish KumarAdvisory Council
Mohindar KumarAdvisory Council
M NarendraAdvisory Council
Jiji MammenAdvisory CouncilED - Sa-Dhan
T R AchhaAdvisory Council
Prem Kumar AroraAdvisory Council
TR AchhnaAdvisory Council

Members (0)

OrganisationTypeWebsite

Parsed from the SRO's published member page on 2026-09-10. Marketing rosters, not filings — see methodology.

Activity