Over 80 percent of rural India is unbanked, so villagers must travel great distances to queue at branches like this one. (Photo: Esha Paul/The Quint)

Early Success Prompts RBI To Put Small Finance Bank Licences On-Tap

Less than three-years after the Reserve Bank of India first approved the launch of 10 small finance banks, the regulator has decided to put such licences on-tap. These lenders, intended to further ...

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