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 nod to 10 entities for small banks
The "in-principle" approval will be valid for 18 months to enable these entities comply with the guidelines on Small Finance Banks, RBI said in a statement.
Sep 16, 2015, 19:55 PM IST
Licences of small, payments banks in a few months: RBI
The Reserve Bank is in the middle of processing over 100 applications for small finance banks and payments banks and may issue licences in a few months, a top central bank official said.
Apr 20, 2015, 19:45 PM IST
Selective capitalisation may impact smaller banks' growth: S&P
Global ratings agency Standard & Poor's today said the government's move to selectively capitalise state-run banks is a welcome step but may impact the growth of smaller lenders who have been left out.
Mar 19, 2015, 12:42 PM IST
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.
Dec 08, 2014, 23:41 PM IST
RBI to invite applications for small banks by month-end: Rajan
Addressing micro-financiers at a Nabard function here, Rajan also said that microfinance borrowers should be protected from arbitrary loan pricing.
Nov 13, 2014, 13:32 PM IST
Applications for small banks by month end: Raghuram Rajan
The Reserve Bank of India Governor Raghuram Rajan on Thursday said that the central bank will invite applications for small and payement banks by the end of this month.
Nov 13, 2014, 12:33 PM IST
Final norms on small, payments banks by November: RBI
The Reserve Bank will issue final guidelines on small and payments banks by end November, aimed at expanding the banking space and paving way for corporates to enter these two segments.
Sep 30, 2014, 15:00 PM IST
'Small banks will provide big push to financial inclusion'
The RBI said payment banks will need to have a minimum capital of Rs 100 crore as against Rs 500 crore required for full-fledged commercial lenders.
Jul 18, 2014, 18:38 PM IST
RBI issues draft norms for small banks, payment banks
A week after Budget announcement, the Reserve Bank on Thursday issued draft guidelines for setting up of 'local feel' small banks, which will disburse small-ticket loans to farmers and businesses.
Jul 17, 2014, 19:06 PM IST
RBI issues draft guidelines for setting up small, payment banks
The RBI also proposed Rs 100 crore as minimum capital required for setting up small bank and payment bank.
Jul 17, 2014, 18:12 PM IST
