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small finance banks

Asset quality of microfinance institutions, small finance banks has improved: CRISIL

Asset quality of MFIs in Tamil Nadu, Kerala, Odisha, West Bengal and Bihar remained largely resilient despite demonetisation and its aftermath.

Feb 22, 2018, 20:02 PM IST

RBI issues operational guidelines for Payment, Small Finance Banks

The RBI released on Thursday its operating guidelines for Payment Banks and Small Finance Banks, noting the prudential regulatory framework for the entities under the two categories will largely be drawn from the Basel standards.

Oct 06, 2016, 19:33 PM IST

New banks to complement existing banking system: Chanda Kochhar

Ruling out any competition to full-service banks from payments and small finance banks, top banker Chanda Kochhar has said they can actually complement the existing banking system and ICICI Bank will explore opportunities for mutually beneficial partnerships.

Jan 24, 2016, 19:33 PM IST

Swamy demands ED probe into RBI licences for small banks

Senior BJP leader Subramanian Swamy on Tuesday asked Prime Minister Narendra Modi to order a probe by Enforcement Directorate into in-principle approvals given by RBI to 10 entities to set up small finance banks.

Oct 27, 2015, 18:32 PM IST

Small bank licenses to shake up the microfinance biz: Ind-Ra

The microfinance business will now be dominated by small finance banks (SFBs) which will bring down systematic risk but at the cost of lower returns, said India Ratings and Research (Ind-Ra).

Sep 18, 2015, 22:16 PM IST

Small Finance Bank licence holders start hunt for investors

With RBI granting in-principle approval to 10 entities to operate as Small Finance Banks, many of the successful bidders today said they will start the process of roping in investors.

Sep 16, 2015, 22:56 PM IST

RBI grants in-principle approval to 10 applicants for small finance banks

The “in-principle” approval granted will be valid for 18 months to enable the applicants to comply with the requirements under the guidelines and fulfil other conditions as may be stipulated by the RBI.

Sep 16, 2015, 19:01 PM IST

RBI appoints NSE's Narain to small bank panel

The Reserve Bank of India (RBI) Wednesday appointed NSE Vice-Chairman Ravi Narain member of its External Advisory Committee (EAC) for small finance banks.

Apr 22, 2015, 00:13 AM IST

Small-bank rules accommodative,to attract applicants: Analysts

Analysts have welcomed the RBI's final guidelines for setting up small finance banks (SFBs) and payments banks (PBs), saying it will generate good interest in the industry as the norms are accommodative.

Nov 28, 2014, 18:04 PM IST

Suitors line up for small finance and payment banks

With RBI issuing final licensing norms for small finance and payment banks, a host of potential suitors including Shriram Capital and Muthoot Finance on Thursday evinced initial interest in setting up such niche entities.

Nov 27, 2014, 22:11 PM IST

RBI issues final norms for payment, small finance banks

The move, aimed at deepening financial inclusion and boost saving habits, comes within seven months of RBI issuing two full-fledged banking licences in April this year.

Nov 27, 2014, 22:08 PM IST

Financial inclusion: RBI releases final guidelines for licencing of niche banks

Minimum paid-up equity capital for both Payments Banks and Small Finance Banks has been set at Rs 100 crore.

Nov 27, 2014, 18:45 PM IST

RBI to issue guidelines for small finance banks soon

The Reserve Bank will soon invite applications for small finance banks that would provide basic products like credit but in a limited area.

Oct 15, 2014, 21:33 PM IST