In December 2016, RBI had granted additional 60 days for repayment of certain loans With disruptive influence at local level continuing to impact repayments, the Microfinance Institution Network......
One of the qualities the Reserve Bank of India looks for in new banking aspirants is financial inclusion -- that 25 per cent of a new bank’s branches should be in rural areas. So far, two......
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......
No one knew how serious the government actually was when it announced the decision to issue fresh licences to promote financial inclusion - but two microfinance organisations, Bandhan and......
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche......