Small banks

Punjab National Bank can be merged with smaller banks With 144,952 branches of 159 scheduled commercial banks catering to the needs of about 1.3 billion people, the Indian banking system is one of the largest in the world. With the…

The Reserve Bank of India has given in-principle nod to eleven entities – the first lot since it came out with guidelines for the same last year. Here are the 11 entities that have been granted payment bank licenses. Aditya Birla…

Reserve Bank of India has issued guidelines for seeking license required for opening Small Banks and Payment Banks in India; along with request for suggestions and opinions from general public on this decision. As per the announcement…