IFA Committiees


The financial services sector in India has witnessed an elementary transformation since the country was liberalized. The increased savings of middle class people with the increase in their purchasing power capacity has broadened the scope of financial service providers. The financial services market is mounting rapidly, and there is note worthy potential for further growth. Henceforth financial sector has good business opportunity for franchising. The IFA National Committee on Franchising in Financial Sector will help in promoting and supporting the entrepreneurial activity, franchise development and private sector initiatives along with the coordination of different governmental institutions and regulatory bodies. The financial services sector includes broking firms, investment services, national banks, private banks, mutual funds, car and home loans, and equity market etc.

The terms of reference for the IFA’s National Committee on Financial Service Sector for 2011-2012 are:

  • To create a strong brand visibility for Financial Service sector through franchising in India over the next two years.
  • To advocate National council to conduct regular interactions with the Government at the Centre and the State level to highlight the issues and concerns of Financial Service sector; to recommend to the government, investor and Franchisors
  • To facilitate access to global markets and finance/ Credit for Financial Service sector.
  • To formulate methods to improve the competitiveness of the Financial Service sector in India with regard to restructuring, productivity enhancement, increasing exports etc.
  • To assist small and medium enterprises in Financial Service sector with high potential to invest.
  • To promote the Indian Financial Service brands in overseas markets and devise strategies to gain access to developed/ developing markets through Franchising.
  • To have a proactive dialogue with the Government to further identify various policy issues that need to be addressed in order to stimulate growth of the Financial Service sector in India..
  • To professionalize and educate people in the franchise industry through research studies, surveys, meetings, seminars, workshops for Financial Service sector etc.
  • To liaise with various related organizations, industry associations, financial institutions, government department on matters concerning the industry.
  • To provide the legal information and current statistics on franchising
  • To make the matchmaking between the foreign franchisors who are eager to enter into Indian market and the potential investors who are interested in purchasing the franchise rights in India for Financial Service sector.

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