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Small Finance Banks alert! RBI issues these important guidelines - What SFBs must know
Fri, Dec 06, 2019
A small finance bank undertakes basic banking activities of accepting deposits and lending to unserved and underserved sections, including small business units, small and marginal farmers, micro and small industries and unorganised sector entities.
RBI Governor meets heads of Small Finance Banks
Fri, Mar 15, 2019
RBI Governor Shaktikanta Das held a meeting with heads of Small Finance Banks today to discuss their participation in priority sector lending and financial inclusion.
Demonetisation hits small loans as sectoral growth more than halves
Mon, Aug 21, 2017
ICRA said, "The Indian micro loan sector with a size of around Rs 1.7 lakh crore as on March 31, 2017, has grown at a healthy compounded annual growth rate of 32% during FY2013-2016. Of this NBFC-MFIs, Small Finance Banks (SFBs) and Banks (excluding the SHG Bank linkage programme) had grown at a much faster pace of 57%. However, the growth trajectory for NBFC-MFIs/SFBs and banks changed post-demonetisation with the portfolio growth slowing down from 72% in FY2016 to 29% in FY2017."