RBI lays out a roadmap for voluntary transition of small finance banks to common banks
The Reserve Financial institution of India on Friday laid out a roadmap for the voluntary transition of small finance banks (SFBs) to common banks, prescribing standards similar to minimal internet price of ₹1,000 crore, internet revenue within the final two monetary years, low non-performing asset (NPA) ratio and diversified mortgage portfolio. businessline had reported on … Read more