Mumbai (Maharashtra) [India], June 18 (ANI): The Reserve Bank of India (RBI) on Friday decided to grant in-principle approval to Centrum Financial Services Ltd to set up a small finance bank.
Chennai (Tamil Nadu) [India], June 15 (ANI/News Voir): Shanthi, 38, was among the thousands of 'faceless' pavement dwellers of Chennai, till about a couple of years ago. Today, Shanthi is an inspiration to many. From her humble beginnings as a pavement dweller, often begging for food, she ha
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
Mumbai (Maharashtra) [India], May 5 (ANI): The Reserve Bank of India (RBI) on Wednesday introduced on-tap liquidity of Rs 50,000 crore at repo rate under which banks can support healthcare stakeholders like vaccine makers, hospitals as well as patients till March 31, 2022.
Mumbai (Maharashtra) [India], Apr 30 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday held a virtual meeting with managing directors and CEOs of small finance banks to gauge potential stress on their balance sheets in the backdrop of rising Covid-19 cases and consequent
Mumbai (Maharashtra) [India], January 19 (ANI/NewsVoir): Forum of Industry and Academic Knowledge Sharing (FIAKS), a global knowledge-sharing platform comprising of more than 5000 C-suite executives from Banking, Fintech, Payment, and E-Commerce, held its annual leadership conclave virtually
Mumbai (Maharashtra) [India], Jan 11 (ANI): Equitas Small Finance Bank has recorded total deposits of Rs 15,862 crore in the quarter ending December 2020 (Q3 FY21), up 51 per cent from Rs 10,493 crore in the year-ago period.
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.
Mumbai (Maharashtra) [India], December 29 (ANI): AU Small Finance Bank has signed a partnership with ICICI Prudential Life Insurance to offer goal-based life insurance solutions.
Mumbai (Maharashtra) [India], December 10 (ANI): Equitas Small Finance Bank has launched a three-in-one account which allows customers to invest in a wide variety of financial products.
Mumbai (Maharashtra)/New Delhi [India], November 20 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel to Equitas Small Finance Bank Limited (Equitas Bank) and selling shareholder Equitas Holdings Limited (EHL), on its Initial Public Offering (IPO) aggregating to Rs 517.60
Chennai (Tamil Nadu) [India], Sep 26 (ANI): Equitas Small Finance Bank has reduced the size of its initial public offering (IPO) of shares to Rs 280 crore from the previous Rs 550 crore.