India’s microfinance sector approaching inflection point

The report highlighted that the recovery in disbursements was primarily led by NBFC-MFIs, which recorded 10 per cent...

RBI proposes raising bank dividend payout cap to 75% of profit

The Reserve Bank of India (RBI) proposes to raise the dividend payout cap for banks to 75 per cent of net profit...

SFBs enter next phase of growth with diversification: Report

Small Finance Banks (SFBs) in India have entered a pivotal phase of their evolution, transitioning rapidly from...

DoT welcomes banks to integrate financial fraud risk indicator

The Department of Telecommunications (DoT) welcomes the Reserve Bank of India's (RBI) advisory issued on June 30,...

Jana Small Finance Bank Applies to RBI

Bengaluru (Karnataka) [India], June 11: Jana Small Finance Bank (Jana SFB), one of India's leading small finance...

SFBs growth to moderate to 18-20 pc

ICRA forecasts that the Gross Non-Performing Asset (GNPA) ratio will increase to 2.6-2.8 per cent by the end of...

RBI announces linking of pre-sanctioned credit lines with UPI

The RBI proposed extending the scope of pre-sanctioned credit lines via the Unified Payments Interface (UPI) to...

Jana Small Finance Bank Introduces "Liquid Plus Fixed Deposit"

Bangalore (Karnataka) [India], September 20: Jana Small Finance Bank, one of India's leading small finance banks,...

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

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

RBI facilitates small finance banks' shift to universal banking

According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eligibility...

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

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

Equitas Launches Cancer Hospital to Provide Cancer Care

Chennai (Tamil Nadu) [India], November 16: Sringeri Sharada Equitas Hospital Multispecialty & Cancer Care was...