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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

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WRITTEN BY
Mimansa Verma
Mimansa is a banking and finance correspondent at NDTV Profit. Before this,... more
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