The Indian economy's ability to function depends heavily on the banking industry. In addition to commercial banks, the Reserve Bank of India's( RBI) regulation has seen the introduction of some new banking models, such as payments and small finance banks( SFBs), into the economy. Let's learn more about a small finance bank in this blog, including what it does, how it operates, and what products SFBs offer. Small Finance Banks Meaning : Under the direction of the Indian government, the RBI established a particular category of banking known as small finance banks in India. By primarily extending basic banking services to underserved and unserved segments, such as small and marginal farmers, small business units, micro and small industries, and unorganized entities, they were introduced with the goal of advancing financial inclusion. All fundamental banking services, such as lending and receiving deposits, are provided by small finance institutions. The RBI released the Smal...
Financing Fact
"Financing Fact" is the place where you get all information about Financing.If you are interested in financing then this blog is for you....