Tag «RBI nod»

ESAF Small Finance Bank gets RBI nod for NRI Operations

11th June 2018, Mumbai: ESAF Small Finance Bank has received Reserve Bank of India’s (RBI) approval for NRI operations. As per operating guidelines for Small Finance Banks, it has been decided by Reserve Bank of India that Small Finance Banks who are authorized as dealer category II are permitted to open and maintain Non-Resident Rupee Accounts. The …

Equitas gets RBI nod to commence Small Finance Bank operations

Becomes First Private Bank from Chennai Chennai, July 1, 2016: Equitas Holdings Limited (Equitas) has received final license from Reserve Bank of India (RBI) to commence operations as Small Finance Bank (SFB). The SFB, to be named “Equitas Small Finance Bank Limited” (Equitas Bank), will start banking operations after receiving few other approvals from various …