Payement Banks

RBI to invite applications for small banks by month-end: Rajan

Addressing micro-financiers at a Nabard function here, Rajan also said that microfinance borrowers should be protected from arbitrary loan pricing.

Nov 13, 2014, 13:32 PM IST

Applications for small banks by month end: Raghuram Rajan

The Reserve Bank of India Governor Raghuram Rajan on Thursday said that the central bank will invite applications for small and payement banks by the end of this month.

Nov 13, 2014, 12:33 PM IST