Search For "finance banks"
India's microfinance sector approaching "inflection point" as disbursement
Updated : 2 months, 2 weeks ago IST
The report highlighted that the recovery in disbursements was primarily led by NBFC-MFIs, which recorded 10 per cent QoQ and 27 per cent YoY growth by value. Banks also posted a sequential uptick of 13 per cent QoQ, though YoY growth remained negative. Small Finance Banks (SFBs) reported mod
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RBI proposes raising bank dividend payout cap to 75% of net profit
Updated : 4 months, 3 weeks ago IST
The Reserve Bank of India (RBI) proposes to raise the dividend payout cap for banks to 75 per cent of net profit from the earlier limit of 40 per cent.
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SFBs enter next phase of growth with diversification and digitisation, for
Updated : 6 months, 2 weeks ago IST
Small Finance Banks (SFBs) in India have entered a pivotal phase of their evolution, transitioning rapidly from their microfinance institution (MFI) roots into robust, diversified lenders with multi-product capabilities, according to a report by Systematix Institutional Equities.
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DoT welcomes RBI advisory mandating banks to integrate financial fraud ris
Updated : 11 months ago IST
The Department of Telecommunications (DoT) welcomes the Reserve Bank of India's (RBI) advisory issued on June 30, 2025, directing all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by DoT
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Jana Small Finance Bank Applies to RBI for Universal Banking License
Updated : 11 months, 3 weeks ago IST
Bengaluru (Karnataka) [India], June 11: Jana Small Finance Bank (Jana SFB), one of India's leading small finance banks, is pleased to announce that it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a Universal Bank.
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Small Finance Banks' growth to moderate to 18-20 pc in FY2025: Report
Updated : 1 year, 4 months ago IST
ICRA forecasts that the Gross Non-Performing Asset (GNPA) ratio will increase to 2.6-2.8 per cent by the end of March 2025, reflecting heightened stress, particularly in the microfinance segment.
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RBI announces linking of pre-sanctioned credit lines with UPI to enhance f
Updated : 1 year, 5 months ago IST
The RBI proposed extending the scope of pre-sanctioned credit lines via the Unified Payments Interface (UPI) to Small Finance Banks (SFBs).
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Jana Small Finance Bank Introduces "Liquid Plus Fixed Deposit": A Comprehe
Updated : 1 year, 8 months ago IST
Bangalore (Karnataka) [India], September 20: Jana Small Finance Bank, one of India's leading small finance banks, today announced the launch of a comprehensive solution "Liquid Plus" Fixed Deposit with attractive interest rate of 6.75% p.a. for tenures ranging from 7 to 180 days. The rate is
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Small finance banks to grow their loan book by 25-27% this fiscal: Crisil
Updated : 1 year, 9 months ago IST
Small finance banks (SFBs) are expected to grow their loan book by a robust 25-27 per cent this fiscal year, Crisil Ratings said on Monday.
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RBI initiates transition plan: Small finance banks to ascend to universal
Updated : 2 years, 1 month ago IST
According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eligibility criteria. Firstly, they must maintain a satisfactory track record of performance for a minimum of five years.
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RBI lays out criteria for conversion of Small Finance Banks to Universal B
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) has set out certain provisions fulfilling which Small Finance Banks (SFBs) can voluntarily convert themselves into Universal Banks.
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Equitas Launches Cancer Hospital to Provide Affordable Cancer Care
Updated : 2 years, 6 months ago IST
Chennai (Tamil Nadu) [India], November 16: Sringeri Sharada Equitas Hospital Multispecialty & Cancer Care was inaugurated by Thiru. Ma. Subramaniam, Hon'ble Minister for Health and Family Welfare, Govt. of TN in the presence of Thiru. S.R. Raja, MLA, Tambaram Constituency. The dedicated
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