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12 SFBs currently operational
Interestingly, in its Trends and Progress report for 2022-23, the RBI has said that the consolidated balance sheet of SFBs expanded at a pace faster t
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ESAF Small Finance Bank hits IPO market
Although the company has presence across the country but its major business is in South.
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Enjoy 9 per cent RoI on FDs!
Currently, the highest interest rate that citizens can get by opening a fixed deposit with any small finance bank in the country is 9 per cent.
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How small fin banks are paying more
There should not be any concern regarding the security of the deposits with a small ainance bank, as they are regulated and get licence from the Reser
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Parking money in small finance banks: Know the math
All SFBs come under strict RBI guidelines and are monitored by the central bank like any other big commercial bank.
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No sunset on ATMs
Suryoday SFB has decided to close its ATMs since most of its customers switched to UPI but all banks thinking on those lines would be a disaster
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Suryoday Bank to shut down ATMs from October 1
To ensure that customers are not affected by the move, it is considering increasing the number of free cash withdrawals available to them.
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RBI discusses a host of issues with small finance banks
The stress build-up due to Covid-19 and the mitigation measures for continued resilience of books of SFBs also formed part of the discussion
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Small finance banks serving priority sector profitably: RBI
The study contains an initial assessment of the performance of SFBs for early policy inputs
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Small finance banks: Check out best FD interest rates
Whoever is offering you a higher interest rate than the prevailing risk-free rate, you must look at the difference and the reason for the same
