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RBI Releases “Draft Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector”

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RBI Releases “Draft Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector”
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Reserve Bank of India (RBI) in its Second Bi-monthly Monetary Policy Statement, 2019-20 dated June 06, 2019 announced that it is proposed to issue Draft Guidelines for ‘on tap’ Licensing of Small Finance Banks. Accordingly, RBI has today released on its website ‘Draft Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector’ for comments of stakeholders and members of the public.

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