Bengaluru, Sept. 25 -- The All India Financial Borrowers Federation (AIFBF), a Section 8 non-profit company registered under the Ministry of Corporate Affairs in 2024, has submitted a memorandum to Prime Minister Narendra Modi calling for comprehensive borrower-friendly reforms aimed at empowering women entrepreneurs and startups.

It said it would also strengthen the Make in India initiative, boosting India's $5 trillion GDP target, and reducing non-performing assets (NPAs) and farmer suicides.

Headquartered in Bengaluru, the Federation is chaired by Dayananda, former Member and Deputy Opposition Leader of the Karnataka Legislative Council. Its Board of Directors comprises retired judges, senior civil servants, senior advocates, financial...