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Suryoday Small Finance Bank

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Small banks plan to lower deposit rates

However, despite the reduction, their interest rates would be about 50-100 basis points higher than those of banks. Illustration: Uttam Ghosh/Rediff.com Small finance banks, which have been defying......

These banks are betting on local hiring in face of cost-effective staff crunch

These banks are finding it hard to pick up seasoned bankers at the pay they are offering With all the ten small finance banks (SFB) set to be operational over the next two months, local hiring has......

Small finance banks to woo depositors with better rates

These banks need to build a significant deposit base to start full-fledged banking. With a number of small finance banks expected to start operations in the next six months, small savers are likely......

How 23 new banks will make an impact in India

RBI is planning to come up with 'on tap' licences which means there will not be any cut-off date for applying for the licences. The niche banks - small finance and payments banks -have been set up......

RBI names 10 companies to set up microfinance banks

Ten entities, including Ujjivan Financial Services and Equitas Holdings, today got RBI's approval to set up Small Finance Banks to provide basic banking services to small farmers and micro......

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