North East Small Finance Bank

RBI sets up committee to evaluate universal banks, SFB applications

RBI sets up committee to evaluate universal banks, SFB applications

20 Jan 2025, 23:17 PM

The Standing External Advisory Committee has been set up by RBI to assess the eligibility of applicants seeking to operate as universal banks and small finance banks.

RBI allows small finance banks to offer credit line on UPI

RBI allows small finance banks to offer credit line on UPI

06 Dec 2024, 22:06 PM

RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.

Slice completes merger with North East SFB

Slice completes merger with North East SFB

04 Nov 2024, 22:15 PM

The fintech startup Slice announced the merger proposal in October 2023, and it received approval from the NCLT, along with necessary regulatory approvals,

Fintech Hightlights

  1. RBI cancels NBFC licence of X10 Financial, backer of 30 digital loan apps

  2. Stock broker Groww picks bankers for IPO at $8 billion valuation: report

  3. Navi loses Rs 14 crore to payment gateway scam

  4. Australia-based Findi acquires BANKIT for Rs 160 crore

  5. Cross border payments startup Skydo gets PA-CB in-principle approval from RBI
  6. Read more highlights...

Editor's Pick

  1. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?

  2. The curious case of Jammu-Based NBFC, 'Mahashakti Financiers'

  3. Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama