Loan restructuring: FIDC seeks clarity from RBI on relief measures May 14, 2021 FIDC said that NBFCs are very small and do not have a well developed website - HAKINMHAN FIDC said that NBFCs are very small and do not have a well developed website - HAKINMHAN× Seeks moratorium up to an additional three years The Finance Industry Development Council (FIDC) has written to Reserve Bank of India Governor Shaktikanta Das seeking more clarity and highlighting residual issues in the NBFC sector after the announcement of relief measures for loan restructuring on May 5. “To clarify or permit restructuring of such MSME accounts, which had been restructured under Restructuring Framework 1.0 and increasing the period of moratorium and/or extending the residual tenor up to a total of two years for MSMEs, along the same lines as the support provided to individuals and small businesses,” said the representation by FIDC, which is the representative body of assets and loan financing companies.