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Small finance banks seeking universal banking license need at least Rs 1,000-crore net worth: RBI

RBI said that listed and profitable small finance banks with gross non-performing assets ratio less than 3% for last two fiscals can apply for universal banking license. Additionally, they need to have a net non-performing assets ratio less than 1% for the last two financial years. They also need to be profitable for the last two fiscals. ....

West Bengal , Reserve Bank , Universal Banks , Small Finance Bank , Universal Banking License , Bank License ,

UnionBank issues the Philippines' first-ever Digital Peso Bonds – Manila Bulletin

Union Bank of the Philippines (UBP) is the first universal bank to successfully issue the country’s  first-ever offering of Digital Peso Bonds, opening the door to a future filled with more digitally-based asset offerings. ....

Jose Emmanuel Hilado , Asia Pacific , Exchange Corp , Great Retail Bank , Asset As Digital Bank , International Banker , Philippine Depository Trust Corp , Union Bank , Digital Peso , Global Markets , Philippine Depository , Fixed Income , Makati Stock Exchanges , Universal Banking License , Southeast Asia ,