Small Finance Banks

On 27 November 2014, RBI had released the guidelines on Small Finance Banks along with the Payment Banks. The objective of small finance banks is to further financial inclusion by providing:

Basic banking facilities to the unbanked and thereby boosting saving habits.
Supply of credit to small business units, small and marginal farmers, micro and small industries and other unorganized sector …

You need to be a member of Integrated IAS General Studies Programme to view this content.

Comments