SBI economists suggest reforms to incentivise regional rural banks
Leading Regional Rural Banks (RRBs) are much bigger than most of the SFBs even today, according to a note by Soumya Kanti Ghosh, the group chief economic adviser at SBI.
Unity Small Finance Bank pays Rs 3,800 crore to 8.5 lakh PMC Bank depositors“Unity SFB received from DICGC a certified list of erstwhile PMC Bank depositors who are eligible to receive up to Rs5 lakh of their deposits, post banking hours today,” Jaspal Bindra, executive chairman, Centrum Group told ET.
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