FIDC seeks extension of MSME restructuring scheme till March 2022 By IANS | 2 Views Reserve Bank of India (RBI). (File Photo: IANS). Image Source: IANS News New Delhi, April 18 : The Finance Industry Development Council (FIDC) has urged the Reserve Bank of India (RBI) to extend the one-time restructuring scheme for loans to MSMEs till March next year due to the severe second wave of Covid-19. The RBI had, on February 11, 2020, allowed one-time restructuring of existing MSME advances, classified as "standard", without downgrade in the asset classification subject to certain additiona...