Small Finance Banks: The Backbone of India’s MSMEs Revolution and Financial Empowerment
“Every small business is a potential engine for economic growth. Small Finance Banks provide the financial support that fuels the
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small finance banks
Small finance banks want to peel off the ‘small’ label
Executives of SFBs requested Reserve Bank of India (RBI) officials to let them drop the ‘small finance’ tag at a
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In FY23, the microfinance industry lent Rs. 3.48 trillion.
In the Financial Year 2022–2023 (FY23), the microfinance industry gave loans totallingRs 3.48 trillion to 660 million customers, according to
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Small finance banks may be allowed to co-lend with NBFCs soon
After making Small Finance Banks (SFBs) eligible for Authorised Dealer (AD) Category-I license, the Reserve Bank of India (RBI) may
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Small Finance Banks gain 8% incremental market share
Small finance banks are gaining energy with them getting 8% incremental market share whereas their total share remains to be
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RBI releases norms for co-origination of loans
RBI has said that it will soon release guidelines on what it called co-origination of loans by banks and non-bank
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