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 ISTSuitors 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 ISTRBI 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 ISTFinancial 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