RBI sets standards for SFBs eyeing universal bank licence | Mint - Mint.

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Gopika Gopakumar 26 Apr 2024 Livemint

The guidelines come amid heightened activity by SFBs to explore opportunities for expansion and diversification after completing five years of operation.

Mumbai: Small Finance Banks (SFBs) must maintain profitability, and keep their gross non-performing assets ratio below 3% for at least two financial years before applying for a universal bank licence…

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