Search For "sfb"
'We are in process to setup small finance bank which will take over PMC Ba
Updated : 4 years, 10 months ago IST
New Delhi [India], July 12 (ANI): The Reserve Bank of India on Monday said it has given "in-principle" approval to one Centrum Financial Services Ltd (CFSL) to set up a small finance bank (SFB), which will take over the beleaguered Punjab and Maharashtra Cooperative Bank (PMC Bank) very s
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Sequential challenging year stares at microfinance sector: Ind-Ra
Updated : 5 years 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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Shivalik Small Finance Bank receives commercial banking license
Updated : 5 years, 4 months ago IST
New Delhi [India], January 6 (ANI/NewsVoir): Shivalik Small Finance Bank (SSFB) announced the receipt of a license from Reserve Bank of India (RBI) to carry on banking business as a Small Finance Bank (SFB) in India.
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Deposit traction visible in SFBs but improvement in other aspects awaited:
Updated : 6 years, 5 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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Ujjivan SFB's IPO to open on Dec 2 with price band of Rs 36 to 37 per equi
Updated : 6 years, 5 months ago IST
New Delhi [India], Nov 27 (ANI): Ujjivan Small Finance Bank Ltd (USFB) on Wednesday announced the launch of its initial public offering in a bid to raise Rs 750 crore post its pre-IPO placement of 71,428,570 equity shares for cash consideration aggregating to Rs 250 crore.
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Ujjivan Small Finance Bank goes live with CRM solution provider
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 9 (ANI): Ujjivan Small Finance Bank on Thursday announced to go live with CRMNEXT, the world's largest financial Customer Relationship Management (CRM) solution.
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Janalakshmi Financial Services raises Rs.1030 cr, inches closer to being S
Updated : 8 years, 8 months ago IST
New Delhi [India], Sept 11 (ANI): Janalakshmi Financial Services (JFS), a microfinance company which recently received the final licence to set-up a small finance bank (SFB) raised new equity capital worth Rs. 1030 crores. The current round of funding is a crucial step in enabling JFS to co
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Accenture to Help AU Financiers Offer Digital Banking
Updated : 8 years, 9 months ago IST
Mumbai (Maharashtra), Oct. 14 (ANI): Accenture will help AU Financiers (AuF) set up as a small finance bank (SFB) to provide retail lending, small- and medium-enterprise agriculture product financing and savings products to Indian consumers.
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