RBI rejects 3 'not suitable' applications for setting small finance banks
Business Standard - FInance
JULY 4, 2023
These applications were found not suitable for granting of in-principle approval to set up small finance banks, it said in a statement on Tuesday. RBI had received about a dozen applications to set up banks under the guidelines for 'on tap' Licensing of Universal Banks and Small Finance Banks (SFBs).
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