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BSE : Listing of new debt securities of Dvara Kshetriya Gramin Financial Services Private Limited

BSE : Listing of new debt securities of Dvara Kshetriya Gramin Financial Services Private Limited
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RBI Discards Two Applications For Small Finance Bank

The Reserve Bank of India has rejected two more applications, including that of Dvara Kshetriya Gramin Financial Services, for setting up small finance banks. Earlier in July 2023, it had rejected three applications.

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RBI turns down two small finance banks licences after finding them not suitable

The guidelines for 'on tap' licensing of Universal Banks and SFBs in the private sector were issued on August 1, 2016, and December 5, 2019, respectively.

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RBI rejects two applications for small finance bank

RBI rejects two applications for small finance bank
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small finance bank: RBI rejects two applications for small finance bank

The Reserve Bank of India (RBI) has rejected two more applications, including that of Dvara Kshetriya Gramin Financial Services, for setting up small finance banks. This follows the rejection of three applications in July 2023. The RBI had received approximately a dozen applications for setting up banks under the guidelines for on tap Licensing of Universal Banks and Small Finance Banks (SFBs).

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