close

'Bottom of the pyramid' prove to be the best customers for SFBs

At Business Standard's 'Unlock BFSI 2.0,' top SFB chiefs seemed very comfortable even when over 90% of their loan books froze into moratorium in March; By July, moratorium loans halved for most

banks, psbs
Premium

Everyone, though, agreed that there is no need to extend the moratorium any more

Mumbai
Small finance banks (SFBs) have seen a sharp increase in recoveries with economic activities picking up.

And recoveries are coming from the “bottom of the pyramid” — people who made

Also Read

Weak economic outlook to give small finance banks more time to get listed

RBI extends curbs on PMC Bank by 3 months as it works on revival plan

RBI can frame revival plan for all banks without imposing moratorium

RBI raises PMC Bank withdrawal limit to Rs 1 lakh from Rs 50,000 earlier

YES Bank crisis: Paying loan? Shift ECS mandate to a nationalised bank

Covid-19 deaths: Bank unions seek compensation for contractual staff

Banks may restructure Rs 8.4 tn loans as economy sputters: India Ratings

Crisil downgrades Indian Bank's tier I bonds on lower reserves position

People's Bank of China picks up stake in ICICI Bank via QIP issue

Need to divest governance of PSBs from govt: Former RBI deputy governor

First Published: Aug 19 2020 | 9:42 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com