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Finance Banks News

18 Apr 2016

Payments banks do not have a viable business model: SBI chief Arundhati Bhattacharya

Small and payments banks have not yet devised a business model which can be termed viable, SBI Chairperson Arundhati Bhattacharya said Monday.

small finance banks

16 Sep 2015

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.

08 Dec 2014

RBI to clarify on licensing norms for small & finance banks

The RBI Monday said it will come out with detailed clarifications for the benefit of intended applicants on newly-issued guidelines for setting up small finance and payment banks.

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