Search For "small finance banks"
RBI recognise Small Finance Banks' contribution towards underserve
Updated : 1 month, 1 week ago IST
New Delhi [India], August 27 (ANI): Deputy Governors of Reserve Bank of India (RBI) MK Jain and M Rajeshwar Rao held a discussion with the MD and CEOs of all eleven Small Finance Banks (SFBs) on Friday through video conference and recognised their contribution towards financial inclusion by
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Sequential challenging year stares at microfinance sector: Ind-Ra
Updated : 4 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], May 24 (ANI): India Ratings and Research (Ind-Ra) said on Monday that collections for microfinance institutions (MFIs) and small finance banks (SFBs) are estimated to have declined 3 to 5 per cent in April and additional 5 to 7 per cent in first fortnight of May
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RBI unveils liquidity support measures to battle Covid wave
Updated : 5 months, 1 week ago IST
Mumbai (Maharashtra) [India], May 5 (ANI): The Reserve Bank of India (RBI) on Wednesday introduced on-tap liquidity of Rs 50,000 crore at repo rate under which banks can support healthcare stakeholders like vaccine makers, hospitals as well as patients till March 31, 2022.
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RBI Governor meets heads of small finance banks
Updated : 5 months, 1 week ago IST
Mumbai (Maharashtra) [India], Apr 30 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday held a virtual meeting with managing directors and CEOs of small finance banks to gauge potential stress on their balance sheets in the backdrop of rising Covid-19 cases and consequent
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Deposit traction visible in SFBs but improvement in other aspects
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], Dec 13 (ANI): Small finance banks (SFBs) will continue to see increased traction in deposits on the back of higher interest rates (1 to 2 per cent higher than most banks), focussed marketing strategies and maturing branches of a fast-growing branch network (40 p
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Private banks, financial institutions not facing liquidity problem
Updated : 2 years ago IST
New Delhi [India], Sept 26 (ANI): After meeting top management of private sectors banks, NBFCs, microfinance institutions (MFIs) and small finance banks, Finance Minister Nirmala Sitharaman on Thursday said that she had not heard of any liquidity problem from them.
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Small finance, payment banks to expand pension scheme outreach
Updated : 3 years, 8 months ago IST
New Delhi [India], Jan 27 (ANI): A total of 11 payment banks and 10 small finance banks were granted license from the Reserve Bank of India (RBI) to start banking operations in India, in a move to help expand the outreach of Atal Pension Yojana (APY), the government's pension scheme.
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