Elevate Your Status: RBI Invites Eligible SFBs To Become Regular Banks
In November 2014, the Reserve Bank of India (RBI) released guidelines for the licensing of SFBs in the private sector. In December 2019, the RBI provided the transition path for SFBs to convert into universal banks. Reserve Bank of India on Friday invited applications from small finance banks meeting specified criteria, including a minimum net … Read more
