Synopsis The body in a letter addressed to Shaktikanta Das, Governor of RBI, said this was for the interests of retail NBFCs who “primarily cater to the funding needs of MSMEs, truck/taxi drivers, machine operators and marginal farmers and provide loans for acquiring the vehicles/tractors/equipments for productive purposes." ThinkStock Photos The second wave has already started impacting industry, with the self-employed having little or nothing to fall back upon. The Finance Industry Development Council ( FIDC) a Representative Body of Non Banking Financial Institutions (NBFCs) has called upon the Reserve Bank of India to allow a one time restructuring of customer loan accounts, even those restructured in the covid wave one and now standard & standstill on buckets for restructured accounts for Q1FY22.