Why small finance banks are in no hurry to become universal banks

Why small finance banks are in no hurry to become universal banks

Considering the huge unsecured microfinance loans on their books, the small finance banks (SFBs) are..

AU-Fincare Small Finance Bank merger gets RBI nod

AU-Fincare Small Finance Bank merger gets RBI nod

The Reserve Bank of India (RBI) has approved the proposed merger of Fincare Small Finance Bank with ..

Ajay Kanwal gets three more years as CEO of Jana Small Finance Bank

Ajay Kanwal gets three more years as CEO of Jana Small Finance Bank

The Reserve Bank of India (RBI) has approved the re-appointment of Ajay Kanwal as the managing direc..

Jana Small Finance Bank IPO subscribed 18.5 times

Jana Small Finance Bank IPO subscribed 18.5 times

Bengaluru-headquartered Jana Small Finance Bank received a warm response for its initial public offe..

Jana Small Finance Bank raises Rs 167 crore from anchor investors

Jana Small Finance Bank raises Rs 167 crore from anchor investors

Jana Small Finance Bank has raised Rs 166.95 crore from anchor investors, a day ahead of its IPO ope..

IPO: Capital Small Finance Bank raises Rs 157 crore from anchor investors

IPO: Capital Small Finance Bank raises Rs 157 crore from anchor investors

Jalandhar-based Capital Small Finance Bank has raised Rs 156.92 crore from anchor investors a day be..

AU Small Finance Bank Q2 net down 13% amid rise in bad loans

AU Small Finance Bank Q2 net down 13% amid rise in bad loans

AU Small Finance Bank has posted 13% decline in net profit to Rs 279 crore for the fiscal second qua..

Small finance banks showing healthy profitability: RBI paper

Small finance banks showing healthy profitability: RBI paper

Small finance banks (SFB), which started in 2017 as a new category of banks, are serving the intende..

Suryoday Small Finance Bank raises Rs 170 cr via anchor investors

Suryoday Small Finance Bank raises Rs 170 cr via anchor investors

Mumbai-based Suryoday Small Finance Bank has raised Rs 170 crore from 13 anchor investors at Rs 305 ..

RBI grants in-principle nod to Centrum to set up a small finance bank

RBI grants in-principle nod to Centrum to set up a small finance bank

Punjab & Maharashtra Cooperative Bank (PMC), which has been hit by a scam and had the Reserve Ba..

Small finance banks to get Rs 10,000 cr liquidity support

Small finance banks to get Rs 10,000 cr liquidity support

Covid-19, Reserve Bank of India, special long-term funding facility, small finance banks..

AU Small Finance Bank Q4 net up 38% to Rs 169 cr

AU Small Finance Bank Q4 net up 38% to Rs 169 cr

AU Small Finance Bank reported a 38.1% jump in its net profit for the quarter ended March 2021 to Rs..

RBI guv, small finance banks discuss potential stress on balance sheets

RBI guv, small finance banks discuss potential stress on balance sheets

Reserve Bank of India Governor Shaktikanta Das and top officials of small finance banks on Friday di..

Jana Small Finance Bank files for IPO to raise Rs 1,100 cr

Jana Small Finance Bank files for IPO to raise Rs 1,100 cr

Small finance banks are in a rush to raise money through public float. Soon after Suryoday Small Fin..

Suryoday Small Finance Bank raises Rs 170 cr via anchor investors

Suryoday Small Finance Bank raises Rs 170 cr via anchor investors

Mumbai-based Suryoday Small Finance Bank has raised Rs 170 crore from 13 anchor investors at Rs 305 ..