Small Finance Banks

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.

Fintech Hightlights

  1. Cashfree raises $53 million led by Korean firm Krafton, Apis Partners

  2. Ujjivan Small Finance Bank submits application for universal banking licence

  3. Infibeam posts 50% jump in Q3 profits

  4. OfBusiness transitioning into public entity as it moves closer to IPO

  5. Policybazaar patent PB Fintech posts 95% jump in Q3 profits to Rs 72 crore
  6. Read more highlights...

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