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).
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
