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Small Finance Banks Sfbs
Business  /  Published 27.11.21

26% cap on bank promoter stake

The Reserve Bank of India has raised the ceiling for long-run promoters’ holding in banks at 26 per cent of the paid-up equity share capital from 15 per cent earlier but ducked a decision on a c...
By Our Special Correspondent in Mumbai

Business  /  Published 27.10.21

Fino Pay IPO plans to raise Rs 1200cr

Fino Payments Bank will evaluate the option to convert to a small finance bank in the future but expansion of the payments ecosystem in the country will offer an immediate scope of growth for the bank...
By A Staff Reporter in Calcutta

Business  /  Published 13.10.21

Centrum gets small bank permit

The Reserve Bank of India (RBI) on Tuesday issued a Small Finance Bank (SFB) licence to the consortium of Centrum Financial Services Ltd (Centrum) and Resilient Innovations Pvt Ltd (BharatPe). The de...
By Our Special Correspondent in Mumbai

Business  /  Published 31.08.21

Tally applies for small bank permit

The list of banking aspirants in India is growing with the Reserve Bank of India receiving two new applications as part of the on tap licensing for Small Finance Banks. Bangalore based business manage...
By A Staff Reporter in Calcutta

Business  /  Published 03.07.21

RBI tweaks interest rule for deposits

The Reserve Bank of India on Friday tweaked the norms for interest on the amount left unclaimed with the bank after a term deposit matures. At present, if a term deposit matures and the proceeds are ...
By PTI in Mumbai

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Business  /  Published 21.06.21

PMC terms short on details

The joint venture floated by Centrum Group and digital payments start-up BharatPe to launch a small finance bank will infuse Rs 1,800 crore capital into troubled Punjab & Maharashtra Cooperative B...
By PTI in Mumbai

Business  /  Published 27.05.21

Speed up Covid loan book: Das

Reserve Bank of India (RBI) governor Shaktikanta Das has asked private sector banks to implement the various measures announced by the central bank on May 5 as it looks to push credit growth to the ne...
By Our Special Correspondent in Mumbai

Business  /  Published 06.05.21

New credit lines to fight crisis

The Reserve Bank of India on Wednesday responded to a rising clamour from banks and borrowers for relief against the second pandemic wave with a sweeping set of measures designed to soothe anxiety ove...
By Our Special Correspondent in Mumbai

Business  /  Published 06.05.21

Prop for micro credit lenders

The Reserve Bank of India on Wednesday announced a series of steps to boost the microcredit sector amid emerging concerns over the second wave of the Covid pandemic. RBI has decided to conduct specia...
By A Staff Reporter in Calcutta

Business  /  Published 13.03.21

Small finance banks gear up for listing

Small finance banks are making a beeline for the capital market to comply with the regulatory requirements of listing on the stock exchanges. The RBI in September 2015 had granted an in-principle app...
By A Staff Reporter in Calcutta


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