RBI lays out criteria for conversion of Small Finance Banks to Universal Banks

Apr 26, 2024

The Reserve Bank of India (RBI) has set out certain provisions fulfilling which Small Finance Banks (SFBs) can voluntarily convert themselves into Universal Banks.

Small finance banks to grow their loan book by 25-27% this fiscal: Crisil

Aug 26, 2024

Small finance banks (SFBs) are expected to grow their loan book by a robust 25-27 per cent this fiscal year, Crisil Ratings said on...

RBI initiates transition plan: Small finance banks to ascend to universal banking status

Apr 27, 2024

According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eligibility criteria. Firstly, they must maintain a satisfactory track record...

Sequential challenging year stares at microfinance sector: Ind-Ra

May 24, 2021

Mumbai (Maharashtra) [India], May 24 : India Ratings and Research (Ind-Ra) said on Monday that collections for microfinance institutions (MFIs) and small finance banks...

RBI recognise Small Finance Banks' contribution towards underserved sections of society

Aug 27, 2021

New Delhi [India], August 27 : Deputy Governors of Reserve Bank of India (RBI) MK Jain and M Rajeshwar Rao held a discussion with...

Microfinance Loans at Rs 4.42 Lakh Crore Need Sustainable Financing to Boost Income Levels

Oct 28, 2024

New Delhi [India], October 28: The 'Bharat Microfinance Report' released by Sa-dhan, India's largest self - regulatory organisation of Impact Finance Institutions, has observed...