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Fino 1st payments bank to get RBI nod to turn SFB

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......

Gold loan business is shining as regulatory scrutiny of sector grows

In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. Illustration: Dominic......

After missing 1st shot at listing, firms re-file DRHPs with lower size

Companies, which missed out on listing earlier, are giving it another shot but with significantly-reduced issue sizes. Illustration: Dominic Xavier/Rediff.com In the recent past, companies such as......

IPOs Make Way Out Of Deep Freezer

The success of recent IPOs and the stability in the secondary market are propelling many firms and investment bankers to remove their IPO plans. Illustration: Dominic Xavier/Rediff.com In 2022, 59......

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......

Esaf

News for Esaf

Fino 1st payments bank to get RBI nod to turn SFB

Gold loan business is shining as regulatory scrutiny of sector grows

After missing 1st shot at listing, firms re-file DRHPs with lower size

IPOs Make Way Out Of Deep Freezer

Small banks plan to lower deposit rates

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