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......
'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......
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......
The small finance banks can provide basic banking services like accepting deposits and lending to the unbanked sections After granting approval to 11 entities for payments banks, Reserve Bank of......