About this document
RBI Guidelines for Small Finance Banks by Harsh Jain is a document available to read on EtoBox.
The Reserve Bank of India document outlines guidelines for licensing "small finance banks" in the private sector. Key points include: 1) Small finance banks will further financial inclusion by providing savings vehicles and credit to underserved populations and small businesses. 2) Eligible promoters include individuals with 10 years banking experience and companies owned by residents. Existing NBFCs, MFIs and local area banks can convert. 3) Small finance banks can accept deposits and lend to underserv
- Author
- Harsh Jain
- Language
- EN