Latest Markets Business BEEPS Earnings Personal Finance

Small Finance Banks Can Apply For Universal Bank Licence, Says RBI

The small finance bank will not be allowed to make changes in the promoter shareholding dilution plan, which is already approved by RBI.

Mimansa Verma

RBI (Source: NDTV Profit)

The Reserve Bank of India issued guidelines on Friday for small finance banks that are looking to convert into universal banks through on-tap licensing.

Also Read: RBI Issues Draft Framework For Aggregation Of Loan Products By Lending Service Providers

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Mimansa Verma
Mimansa is a banking and finance correspondent at NDTV Profit. Before this,... more
GET REGULAR UPDATES

RECOMMENDED FOR YOU

Fifteen More Banks To Implement RBI's MuleHunter In Next Two Months
timelogo Aug 01, 2025
AU Small Finance Bank Gets Yes Securities 'Neutral' Post Q1 Result; Says Current Valuations Caps Upside
timelogo Jul 21, 2025
Axis Bank Tweaks NPA Policy After RBI Flags Lapses
timelogo Jul 21, 2025
RBI Directs Banks, Other Lenders Not To Levy Pre-Payment Charges On Business Loans To Individuals, MSEs
timelogo Jul 02, 2025

POPULAR

1
Andaman Launches Project To Revive Spice Route, Boost Local Cultivation
2
Lodha Developers NCR Entry Plan: Buy At Least One Land Parcel In FY26 For First Housing Project
3
Closed For Business: In Times Of Heightened Uncertainty, RBI Has Discontinued Nowcasts
4
'Fake' Bank Guarantee Racket Case: ED Arrests MD Of Odisha-Based Company
5
Happy Sisters Day 2025: Heartfelt Wishes, Quotes, Images And Messages To Celebrate Your Forever Friend