RBI Rejects Jana SFB’s Universal Bank Licence Bid: What’s Next?
RBI Returns JSF Bank’s Universal Bank Licence Application: What It Means for the Sector In a significant development for India’s banking sector, the Reserve Bank of India (RBI) has returned the application of Jana Small Finance Bank (SFB), which had sought to transition into a Universal Bank. The RBI’s decision, made under the “Framework for … Read more