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RBI rejects two applications for small finance bank

RBI rejects two applications for small finance bank
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

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RBI turns down two small finance banks' licences after finding them not suitable

The guidelines for 'on tap' licensing of Universal Banks and SFBs in the private sector were issued on August 1, 2016, and December 5, 2019, respectively.

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small finance bank: RBI rejects two applications for small finance bank

The Reserve Bank of India (RBI) has rejected two more applications, including that of Dvara Kshetriya Gramin Financial Services, for setting up small finance banks. This follows the rejection of three applications in July 2023. The RBI had received approximately a dozen applications for setting up banks under the guidelines for 'on tap' Licensing of Universal Banks and Small Finance Banks (SFBs).

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RBI rejects SFB applications of Dvara Kshetriya Gramin, Tally Solutions

RBI rejects SFB applications of Dvara Kshetriya Gramin, Tally Solutions
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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RBI Rejects Two Applications for Small finance bank

In case of urban co-operative banks desirous of voluntarily transiting into SFBs, the initial requirement of net worth is Rs 100 crore, which will have to be increased to Rs 200 crore within five years. , Industry News - Times Now

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RBI rejects application for SFB license

Besides REPCO Bank and Calicut City Service Co-operative Bank, RBI has also rejected applications from

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RBI rejects three applications for small finance bank licenses

The applicants rejected were - UAE Exchange and Financial Services, The Repatriates Cooperative Finance and Development Bank Ltd (REPCO Bank), Chaitanya India Fin Credit Pvt Ltd and Pankaj Vaish and others.

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Banking system liquidity improves to over Rs 2 lk cr as deposit of Rs 2000 notes surge

On July 4, the excess liquidity, as reflected by the amount of money absorbed by the Reserve Bank of India (RBI), stood at Rs 2.3 lakh crore- highest in one month. The central bank absorbed Rs 2.22 lakh crore of surplus liquidity on July 3, RBI data showed.

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RBI rejects 3 applications for setting up small finance banks

RBI rejects 3 applications for setting up small finance banks
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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RBI rejects applications of 9 out of 12 entities that sought to set up banks

RBI rejects applications of 9 out of 12 entities that sought to set up banks
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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