Stringent asset quality norms set by Reserve Bank of India has made just one out of 11 small finance banks eligible to apply for a universal banking licence while others would need to wait at ...
AU Small Finance Bank, the largest lender of the pack, has met all the eligibility criteria set by the regulator. AU has Rs 12,560 crore of net worth, made profits for the last two fiscals, and its ...
Ujjivan Small Finance Bank doesn’t have an immediate plan to seek a universal banking licence despite becoming eligible, managing director Ittira Davis told ET. The bank’s gross non-performing assets ...
Stringent asset quality norms set by Reserve Bank of India has made just one out of 11 small finance banks eligible to apply for a universal banking licence while others would need to wait at ...
Due to the stringent asset quality norms set by the Reserve Bank of India (RBI), only one, AU Small Finance Bank, out of 11 small finance banks meets the eligibility criteria to apply for a universal ...
The bank, which has been focusing on an organic growth model, will continue to follow the model and will soon open branches ...
The Reserve Bank of India (“ RBI ”) has published the “Guidelines on Voluntary transition of Small Finance Banks to Universal ...
AU and Ujjivan SFB are the only two that are eligible for voluntary transition to universal banks as of March 2024, according to Kotak Institutional Equities (KIE). Ujjivan SFB is eligible even ...
Universal Credit, a benefit around six million people claim in the UK, is never far from the news with changes being introduced annually. The amount that claimants receive has already gone up this ...
Ujjivan Small Finance Bank (SFB), which has become eligible for a universal bank status after reporting its FY24 earnings over the weekend, has said its board will consider the timeframe for such a ...
Net take home of the applicant should be more than 40% of net salary after the deduction of income tax, PF, and other statutory deductions Though your eligibility for a personal loan from UCO Bank is ...