by newsworm | Mar 15, 2025 | Au Small Finance Bank, Banking, Equitas Small Finance Bank, ESAF Small Finance Bank, RBI, Suryoday Small Finance Bank
The Reserve Bank of India (RBI) has established a special sector of the banking industry, known as small finance banks, which aims to promote financial inclusion for underserved segments of the economy. These banks are designed to provide access to banking services...
by newsworm | Mar 13, 2025 | Banking, ESAF Small Finance Bank, Suryoday Small Finance Bank, Utkarsh Small Finance Bank
The Reserve Bank of India’s recent 25 basis points cut in the repo rate has triggered a surge in interest rates offered by small finance banks (SFBs), making them attractive options for fixed deposit (FD) investors seeking higher returns. These SFBs, designed to...