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SFB LICENCE
SFBs shares rise as RBI grants universal banking license approval to AU SFBSmall finance bank shares saw a rise after Reserve Bank of India granted AU Small Finance Bank a universal banking licence. This move spark...11 Aug, 2025, 06.28 AM IST- In graphics: Small finance banks want to make it bigBigger peers waiting in line include AU SFB and Ujjivan SFB. A universal banking licence will give SFBs greater operational fl exibility an...11 Jun, 2025, 12.48 AM IST
- Jana Small Finance Bank applies for universal banking licenceJana Small Finance Bank has applied to the Reserve Bank of India for approval to transition into a universal bank, marking a key step in it...09 Jun, 2025, 10.13 PM IST
- AU Small Finance Bank aims to double balance sheet to Rs 2.5 lakh cr in 3 years: MD Sanjay AgarwalAU Small Finance Bank is set to double its balance sheet size to Rs 2.5 lakh crore in three years, driven by the acquisition of Fincare SFB...28 Apr, 2024, 12.37 PM IST
- RBI sets eligibility rules for SFBs seeking universal banking licenceBoth these lenders, along with Equitas, announced their intent to seek universal banking licence, which offers more regulatory flexibility ...27 Apr, 2024, 12.46 AM IST
- Fincare merges with AU Small Finance BankAU Small Finance Bank merged with Fincare Small Finance Bank, gaining access to South India. The consolidation strengthens the customer bas...01 Apr, 2024, 09.32 PM IST
- Can a small finance bank be the next HDFC Bank in the making for equity investors?Though the risks SFBs take are on the higher side, the business growth has also been higher. So, if you are planning to invest in these sto...29 Sep, 2022, 12.06 PM IST
- Unity Small Finance Bank pays Rs 3,800 crore to 8.5 lakh PMC Bank depositors“Unity SFB received from DICGC a certified list of erstwhile PMC Bank depositors who are eligible to receive up to Rs5 lakh of their deposi...31 Mar, 2022, 10.18 PM IST
- RBI bans Paytm Bank from onboarding new customers"Onboarding of new customers by Paytm Payments Bank Ltd will be subject to specific permission to be granted by RBI after reviewing report ...12 Mar, 2022, 06.39 AM IST
- Centrum Capital soars 19% after SFB nod from RBIShares of Centrum Capital have zoomed as much as 175 per cent in the calendar year 2021 so far, against a 27 per cent rise in BSE Sensex. T...13 Oct, 2021, 11.56 AM IST
- Jana Small Finance Bank ties up with two co-op banks to offer digital, payment servicesUnder the bank sponsorship programme, the RBI has permitted Core Banking Solution (CBS) enabled co-operative banks to issue ATM cards or AT...26 Aug, 2021, 04.01 PM IST
- Mswipe appoints Cashe’s Ketan Patel as CEO, to apply for NBFC licenceMswipe will apply to the Reserve Bank of India (RBI) for an NBFC licence in 2021-22, with plans to convert it into an small finance bank la...01 Jul, 2021, 03.11 PM IST
- Centrum-Bharatpe joint venture to pump Rs 1,800 crore into PMC on mergerThis paves the way for ending nearly two anxious years for the PMC depositors whose over Rs 10,723 crore are still stuck in the crippled co...20 Jun, 2021, 06.09 PM IST
- RBI issues its first licence to an UCB to convert into Small Finance BankThe “in-principle” approval granted will be valid for 18 months to enable the applicant to comply with the requirements under the scheme, t...06 Jan, 2020, 08.38 PM IST
- Urban cooperative Bank promoter will have to set up a public Ltd Company before transitioning into small finance banks: RBIRBI has said that the promoters will have to incorporate a public limited company under the Companies Act, 2013 having the word ‘bank’ in i...27 Sep, 2018, 08.12 PM IST
- Ujjivan SFB to convert all NBFC branches by FY20, enters DelhiMaking the gradual shift, Ujjivan SFB opened five branches in Delhi today. It began small finance bank services in February with the openin...24 Apr, 2017, 05.31 PM IST
- Satin Creditcare to stay in cradle for 2 more years before evolving into an universal bankAfter being denied permission to set up a small finance bank by RBI, Satin Creditcare Network now plans to seek universal banking licence i...22 May, 2016, 12.35 PM IST
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