The Reserve Bank of India (RBI) has granted in-principle approval to AU Small Finance Bank Limited (AUSFB), allowing it to transition into a universal bank, […]
Tag: small finance bank
Suryoday SFB partners with Tarrakki to boost digital fixed deposits offering
Suryoday Small Finance Bank (SFB) has collaborated with FinTech company Tarrakki to expand its digital services by offering digital fixed deposits. The partnership focusses on […]
Fino Payments looking to upgrade to small finance bank
Fino Payments Bank is keen to become a small finance bank after having completed five years of operations, Managing Director Rishi Gupta said. The Navi […]
Jana Small Finance Bank raises ₹1,200 crore to refinance holdco debt
Bengaluru-based Jana Small Finance Bank’s (SFB) holding companies have raised around ₹1,200 crore of fresh debt from shareholders TPG Capital and Singapore’s sovereign wealth fund […]
Capital Small Finance Bank eyes Rs 14,000 crore of total business in FY24
Capital Small Finance Bank Limited is looking at its total business rising over Rs 14,000 crore by the end of current financial year on the […]
Retail loan securitisation rises 56% to Rs 1.76 lakh cr in FY23
Retail loan securitisations jumped a robust 56 per cent to Rs 1.76 lakh crore in the just concluded fiscal 2023, while that of wholesale rose […]
Indian small finance banks cheer easing bad loan ratio
Ujjivan Small Finance Bank said its gross non-performing assets ratio stood at 3.3% at the end of December 2022 as against 9.8% a year back. […]