Sachin Bansal has resigned from the board of Ujjivan Small Finance Bank Ltd citing that an entity owned and controlled by him has applied for a universal banking licence, according to a regulatory......
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......
'You cannot have only one product or one market or one customer segment.' Illustration: Uttam Ghosh/Rediff.com While the Reserve Bank of India (RBI) allows small finance banks (SFBs) to apply to......
Microfinance portfolio of SFBs saw a muted growth of about 3% last year Created with a vision of deepening financial inclusion, most small finance banks (SFBs) closed last financial year with a......
Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB). Illustration: Dominic......