 "Micro lenders turn the page with banking licences")
Come July, Disha Microfin Private Limited will commence small finance banking operations as it has received the apex bank's nod.
The Reserve Bank of India (RBI) has granted the final license to the company to start a small finance bank (SFB). The bank would be named Fincare Small Finance Bank.
Disha is a part of Fincare Business Services Private Limited (Fincare).
"Today we have received final approval from RBI and will commence banking operations in July this year, with bank branches in our existing states of operation. The name of SFB will be Fincare Small Finance Bank," said Rajeev Yadav, chief executive officer
