Page 7 - Small Finance Banking
RBI mandates 67% variable pay component for brass of private, foreign banks
The regulator said if the variable pay is up to 200% of the fixed pay, at least 50% of it should be in non-cash
 "RBI mandates 67% variable pay component for brass of private, foreign banks")
Slowdown hasn't hurt small finance banks: ESAF Small Finance Bank CEO
ESAF Small Finance Bank, which began operations in March 2017, saw an over threefold jump in its net profit to Rs 90 crore in 2018-19
 "Slowdown hasn't hurt small finance banks: ESAF Small Finance Bank CEO")
Equitas Holdings stock tanks after Sebi rejects listing proposal for SFB
The shares ended the session nearly 13 per cent lower at Rs 102 as analysts slashed price targets for the stock, citing so-called "holding company (holdco) discount"
 "Equitas Holdings stock tanks after Sebi rejects listing proposal for SFB")
Why the worst may not be over yet for investors of Equitas Holding
Shareholders are vulnerable to deep 'Holding company' discount, risk of further stake dilution and possible moderation in return ratios
Equitas considering two routes to get its SFB listed by March 2020
RBI last week refused to extend the listing deadline for ESFB and barred it from opening new branches till further orders
SFBs likely to tweak shareholding pattern ahead of listing deadline
After five years of operations as SFBs, RBI norms allow the SFBs to go for reverse merger
 "SFBs likely to tweak shareholding pattern ahead of listing deadline")
With new RBI norms, investors need to be cautious about small finance arms
Overhang for Equitas and Ujjivan is listing of small finance arms
 "With new RBI norms, investors need to be cautious about small finance arms")