Business

Two more entities apply for SFB licence

The Reserve Bank of India (RBI) said it has received applications from two more entities — Cosmea Financial Holdings Private Ltd. and Tally Solutions Private Ltd. — seeking licences to operate small finance banks (SFBs).

This is as per RBI’s guidelines for ‘on tap’ licensing of small finance banks in the private sector.

With this, a total of six entities have applied for the licence.

The other four applicants who were named in April 2021 are VSoft Technologies Private Ltd., Calicut City Service Co-operative Bank Ltd., Akhil Kumar Gupta, and Dvara Kshetriya Gramin Financial Services Private Ltd.


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Printable version | Oct 26, 2021 9:33:25 PM | https://www.thehindu.com/business/two-more-entities-apply-for-sfb-licence/article36191902.ece

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