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Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......

BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and......

'Payment banks' micro-lending to significantly impact economy'

'The transition from payment banks to SFBs is only permissible for banks not owned by corporate entities.' Photograph: Kind courtesy Airtel Payment Bank/Instagram Airtel Payments Bank saw a......

'No Hurry To Convert To Universal Bank'

'Have a long way to go even as a small finance bank, both in terms of size, and in terms of fulfilling our aspirations for financial inclusion.' IMAGE: Text. Photograph: Kind courtesy Suryoday......

Cautious approach: Small finance bank model in the slow lane, say experts

The small finance bank model may still be testing the water some 10 years since its launch. Illustration: Dominic Xavier/Rediff.com According to banking experts, the regulator has taken a......

'Want to discuss Indian boxing with sports minister'

IMAGE: India's boxing campaign came to a medal-less end after Tokyo edition bronze-winner Lovlina Borgohain (75kg) bowed out in quarterfinals. Photograph: Peter Cziborra/Reuters Like any Indian......

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News for Sfb

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

'Payment banks' micro-lending to significantly impact economy'

'No Hurry To Convert To Universal Bank'

Cautious approach: Small finance bank model in the slow lane, say experts

'Want to discuss Indian boxing with sports minister'

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