Small Finance Banks are a type of financial institution in India. They focus on providing banking services to underserved sectors. These banks aim to promote financial inclusion. They offer savings accounts, loans, and other services. Small Finance Banks cater to small businesses and low-income individuals. They play a crucial role in the economy by enhancing access to credit. Their establishment supports the broader banking system.
A decade after India announced the licensing of Small Finance Banks (SFBs), the experiment appears, at first glance, to be a regulatory success. Unlike several earlier banking categories...
