Raman Aggarwal Appointed CEO of FIDC to Lead NBFC Sector Growth

Raman Aggarwal has been appointed as the Chief Executive Officer of the Finance Industry Development Council (FIDC), marking a significant leadership shift for the apex representative body of India’s non-banking financial companies (NBFCs). His appointment is seen as a strategic step aimed at strengthening the voice and advocacy of the NBFC sector.
Aggarwal has been closely associated with FIDC since its inception. He served on the council’s Board of Directors and led the Professional Development Committee, playing a central role in policy direction, industry engagement, and raising professional standards.
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With more than thirty years of experience in the financial sector, Aggarwal brings deep industry insight to his new role. He began his career in engineering and urban planning at the Delhi Development Authority before transitioning into finance and holding senior positions in prominent NBFCs.
Founded nearly two decades ago, FIDC is registered with the Reserve Bank of India and works as a platform for asset and loan financing NBFCs. It actively engages with the RBI and central government on regulatory and policy matters. The council plays a vital role in shaping the future of the NBFC sector, which contributes significantly to credit access and financial inclusion across the country.
As CEO, Aggarwal is expected to drive FIDC’s core mission of representing NBFCs on key issues and building consensus within the industry. His leadership will be crucial in advancing the council’s role in policy advocacy, stakeholder dialogue, and promoting a balanced regulatory environment.
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The industry anticipates that his appointment will enhance FIDC’s efforts to support the long-term growth and resilience of the NBFC sector in India.
Disclaimer: This post is for general informational purposes only. It does not constitute financial advice. Please consult a qualified professional before making financial decisions.
