All SFBs come under strict RBI guidelines and are monitored by the central bank like any other big commercial bank.
Asset quality of the lender deteriorated during the quarter with the percentage of gross non-performing assets to gross advances moved higher to 9.79%
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
Ujjivan Small Finance Bank is a mass market focused bank in India, catering to financially unserved and underserved segments.
To help women with financial inclusion, more banks should come out with schemes like the one offered by Ujjivan Small Finance Bank