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'On Tap' Licensing For Small Finance Banks Under Study, Says RBI

On-tap facility allows RBI to accept applications and grant licence for banks throughout the year.
On-tap facility allows RBI to accept applications and grant licence for banks throughout the year.
The Reserve Bank of India (RBI) on Thursday said it was considering 'on-tap' licensing facility for small finance banks and proposed to issue the draft guidelines by the end of August.
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