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small banks
Small banks News
Ransomware Attack On Indian Banks
31 Jul 2024
Ransomware Attack Hits 300 Small Indian Banks; ATMs, Transactions Disrupted
The attack, which targeted technology service provider C-Edge Technologies, has disrupted online transactions, including cash withdrawals at ATMs and UPI payments.
RBI
16 Sep 2015
Small Finance Bank licence holders start hunt for investors
With RBI granting in-principle approval to 10 entities to operate as Small Finance Banks, many of the successful bidders today said they will start the process of roping in investors.
RBI
16 Sep 2015
RBI grants in-principle nod to 10 entities for small banks
The "in-principle" approval will be valid for 18 months to enable these entities comply with the guidelines on Small Finance Banks, RBI said in a statement.
RBI
20 Apr 2015
Licences of small, payments banks in a few months: RBI
The Reserve Bank is in the middle of processing over 100 applications for small finance banks and payments banks and may issue licences in a few months, a top central bank official said.
capitalisation
19 Mar 2015
Selective capitalisation may impact smaller banks' growth: S&P
Global ratings agency Standard & Poor's today said the government's move to selectively capitalise state-run banks is a welcome step but may impact the growth of smaller lenders who have been left out.
RBI
08 Dec 2014
RBI to clarify on licensing norms for small & finance banks
The RBI Monday said it will come out with detailed clarifications for the benefit of intended applicants on newly-issued guidelines for setting up small finance and payment banks.
RBI
13 Nov 2014
RBI to invite applications for small banks by month-end: Rajan
Addressing micro-financiers at a Nabard function here, Rajan also said that microfinance borrowers should be protected from arbitrary loan pricing.
RBI
13 Nov 2014
Applications for small banks by month end: Raghuram Rajan
The Reserve Bank of India Governor Raghuram Rajan on Thursday said that the central bank will invite applications for small and payement banks by the end of this month.
small banks
30 Sep 2014
Final norms on small, payments banks by November: RBI
The Reserve Bank will issue final guidelines on small and payments banks by end November, aimed at expanding the banking space and paving way for corporates to enter these two segments.
Deloitte
18 Jul 2014
'Small banks will provide big push to financial inclusion'
The RBI said payment banks will need to have a minimum capital of Rs 100 crore as against Rs 500 crore required for full-fledged commercial lenders.
Reserve Bank of India
17 Jul 2014
RBI issues draft norms for small banks, payment banks
A week after Budget announcement, the Reserve Bank on Thursday issued draft guidelines for setting up of 'local feel' small banks, which will disburse small-ticket loans to farmers and businesses.
Reserve Bank of India
17 Jul 2014
RBI issues draft guidelines for setting up small, payment banks
The RBI also proposed Rs 100 crore as minimum capital required for setting up small bank and payment bank.
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