Small Finance Bank

Small finance banks will now be able to offer a wide range of forex products to their customers. In a move to provide flexibility to small finance banks the Reserve Bank has allowed small finance banks which have completed two years of…

Equitas Small Finance Bank reported an eight-fold jump in net profit at Rs 97 crore for the June quarter, backed by both core and other income and improvement in asset quality. It earned a net profit of Rs 12 crore in the year-ago…

reported a net profit of Rs 203 crore in the June quarter against a loss of Rs 233 crore in the year-ago period, riding on robust income growth and a nearly 100% fall in provisions. This is Ujjivan’s highest quarterly net profit, also…