Small Finance Banking

AU Small Finance Bank secures RBI approval to reappoint Sanjay Agarwal as MD & CEO for three years from April 19, 2026

Thrissur-based ESAF Small Finance Bank will wait at least two years to seek a universal banking licence as it pivots to secured lending to improve asset quality and profitability

The bank has appointed N S Venkatesh and Satyajit Dwivedi as non-executive independent directors for a three-year term, and reappointed Malini Thadani for a second three-year term

Crisil Ratings expects non-microfinance segments like housing, MSME and vehicle loans to drive 16-17% growth in small finance banks' advances this fiscal

The NBFC-MFI, which reported a 117% rise in profit in FY25, has withdrawn its SFB licence application filed under RBI's on-tap licensing framework

AU, Ujjivan, and Jana Small Finance Banks increase share of secured assets in line with RBI's diversification guidelines for voluntary conversion to universal banks

Small Finance Banks reported a 76 per cent drop in Q1 net profit as provisions surged and net interest income weakened, while gross NPAs jumped nearly 70 per cent year on year

AU Small Finance Bank's share price was trading 1.7 per cent higher at ₹755.8 per share on the NSE

There's nothing I can immediately think of. Our current roadmap is built around one core idea: how do we build a real, meaningful customer relationship on both sides of the balance sheet, he said

RBI bans pre-payment charges on floating-rate loans for individuals and MSEs from Jan 2026. The move aims at ensuring fair lending practices and improving access to affordable finance

ESAF Small Finance Bank shares rose 3 per cent on Tuesday after it completed the sale of non-performing assets (NPAs) and technically written-off loans

Jana Small Finance Bank's Managing Director and Chief Executive Officer discusses the bank's future plans and growth strategy

Jana Small Finance Bank (Jana SFB) on Monday said it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a universal bank. The strategic move marks a significant milestone in Jana Bank's growth journey and reflects its long-term commitment to financial inclusion, innovation, and sustainable banking, the bank said in a statement. Over the past several years, Jana SFB has successfully built a strong retail and MSME franchise, expanded its digital and physical footprint across the country, and consistently delivered on key financial and governance metrics, it said. Since receiving its SFB licence in 2017, Jana has built a robust portfolio in deposits, loans, and financial services tailored to individuals, MSMEs, and institutions, it said. With a growing deposit base, national presence, digital services and a strong asset quality track record, the bank believes it is well-positioned to take the next step in its evolution, it adde

Jana Small Finance Bank has applied to the RBI for voluntary transition to a universal bank, meeting key financial criteria including NPAs below regulatory thresholds for two years

Says transition to small finance bank will help margins but operational cost for small ticket loans are very high

Although a small finance bank licence comes with certain restrictions on the lending side, there are no such restrictions on liabilities side, which is why the bank has ventured into wealth management

It will weed out fraudulent borrowers and self-help group members, they say

The bank has set a reserve price of Rs 52 crore for the assets it is putting up for sale, which would translate into a recovery of 14.64%

Step will 'further deepen financial inclusion and enhance formal credit', says central bank

RBI allows Small Finance Banks to offer pre-sanctioned credit lines via UPI, aiming to boost financial inclusion for underserved communities, including small businesses and micro-entrepreneurs