All SFBs come under strict RBI guidelines and are monitored by the central bank like any other big commercial bank.
Google Pay users can now book high-interest rate FDs fully digitally, without needing to open a savings account with Equitas Bank
The major banks are offering interest rates that are about 1.5 percentage points lower than small finance banks
The RBI allowed SFBs and respective holding companies to apply for the amalgamation scheme ahead of the five year lock-in period
Unlock trade will play in the market and help the current rally to sustain