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SFBs should be worth Rs 1,000 cr to become universal banks, says RBI

On April 12, the RBI rejected applications received from Dvara Kshetriya Gramin Financial Services Pvt Ltd and Tally Solutions Pvt Ltd to start SFBs in the private sector

Tally-solutions-pvt-ltd , Dvara-kshetriya-gramin-financial-services-pvt-ltd , Reserve-bank ,

RBI rejects 2 more applications for SFB licence

These applicants are Dvara Kshetriya Gramin Financial Services Pvt Ltd and Tally Solutions Pvt Ltd, a release from the RBI said

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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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Tech Marvel Unleashed Exploring AI Automation's Impact at ITTL'23-24 in Delhi

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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Tech Marvel Unleashed: Exploring AI & Automation's Impact at ITTL'23-24 in Delhi

Tech Marvel Unleashed: Exploring AI & Automation's Impact at ITTL'23-24 in Delhi
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Tech Marvel Unleashed: Exploring AI & Automation's Impact at ITTL'23-24 in Delhi

Tech Marvel Unleashed: Exploring AI & Automation's Impact at ITTL'23-24 in Delhi
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Tally All Set To Enhance Operations For Smes At Dubai Shopping Festival

Tally All Set To Enhance Operations For Smes At Dubai Shopping Festival
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Revolutionizing HR Strategy: Shaping Agile and Resilient Workplaces for the Future

Revolutionizing HR Strategy: Shaping Agile and Resilient Workplaces for the Future
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Pioneering Quantum HR Strategies for Tomorrow's Agile and Resilient Workplaces

In addition to HR developments, the conclave also explored workforce empowerment and the promotion of culture through wellness and inclusivity.

Bangalore , Karnataka , India , Hindustan , India-general- , Kanika , Chhattisgarh , Kumar-nitesh , Ranjit-khompi , Jubin-kapasi , Wipro-srikanth-vachaspati , Asha-subramanian

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
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