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Draft Bill for setting up NFIR almost complete after extensive consultation process: DEA Secretary Ajay Seth

VidyaBy : Vidya

  |  3 Sept 2024 4:23 PM IST

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Draft Bill for setting up NFIR almost complete after extensive consultation process: DEA Secretary Ajay Seth

New Delhi: The draft bill for setting up a National Financial Information Registry (NFIR) is almost complete after extensive consultation processes, with the government expecting to set up the registry soon, Secretary of the Department of Economic Affairs Ajay Seth said on Tuesday. "We expect that early set up of that registry post-enactment will help in bridging or filling a critical gap in credit rating mechanism," Seth said while addressing the CII Financing 3.0 Summit.

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