Small Finance Bank – Features & Regulation in India?

Small finance banks are a type of niche banks in India. Banks with a small finance bank license can provide basic banking service of acceptance of deposits and lending. The aim behind these to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal farmers, micro and small industries and […]

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Postal Department Decides to Convert IPPB to an SFB

India Post will partner with Common Service Centre to provide a suite of citizen-centric services such as banking, remittance, insurance, DBT, bill and tax payments etc at post offices. The postal department said it has decided to convert the India Post Payments Bank into a Small Finance Bank(SFB), enabling it to offer small loans to […]

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Released of Incentive Amount by India Post Payment Bank – DOP

F. No. 1-3/2017-PBI-(Pt) Government of IndiaMinistry of CommunicationDepartment of Posts(PBI Division)***** Dak Bhawan, Sansad Marg,New Delhi – 110001, Dated: 10th May 2019 To All CPMsG, PMsG Subject: Released of Incentive Amount by India Post Payment Bank Please find enclose herewith circular IPPB/2019-20/CSMO/01 dated 07.05.2019 regarding release of Incentive to end users for work related to IPPB. […]

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