Small Banks

It is a big deal. Why payment banks will change the banking game for you and me

When the big boys - from Reliance to Birlas to Mahindras to the big telcos like Airtel and Vodafone - enter the picture, surely it is a big deal. Yes, payment banking will revolutionise Indian banking

Banking to see great changes in coming years, public banks will be change agents: RBI Rajan

The governor also said the change will be witnessed mostly in the social banking

Jan Dhan: Smaller banks better suited for job; Modi should have waited

the average cost for banks opening Jan Dhan accounts and maintaining them with benefits will be Rs 140 per account as against the earlier estimated Rs80.

Shake-up ahead: 113 apply for niche bank licences, says RBI governor

Rajan said the RBI has formed two external committees to evaluate applications received

Government may take up ordinance route to set up Postal Bank

The government is looking at taking the legislative route, by next month, to finalise the setting up of Postal Bank of India and will soon approach RBI to consider the postal department's application for banking licence.

RBI needs to allow small banks to think big if it wants them to succeed

Several companies are planning to apply to become smaller banks, including some among those, which failed to win a banking licence in April.

New RBI guidelines: India Post's long wait to become a bank may be finally over

The final guidelines on differentiated banks, spelled out by the RBI has paved the way for India post to fulfill its long-cherished dream of wearing the hat of a banker.<br />

NBFCs gear up to seek licence as RBI set to tweak norms on small banks

Given the RBI's focus on financial inclusion, smaller banks with local knowledge and operational experience can do much more to financially include the unbanked than full service banks

Small, payment bank licences to be up for grabs this month: Who all will make the cut

These banks are expected to bring in a large chunk of the public, especially in rural areas and other places with low penetration, into the formal banking system

As RBI opens floodgates, get ready for a Railway Bank, or an Airtel Bank

The RBI has opened not just a window, but several doors for new banks. They will be differentiated, and potentially help bring down banking costs as they threaten the existing bank oligopolies.