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......
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 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......
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......
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......