Small finance banks have approached the Reserve Bank of India with key requests. They want the regulator to ease a rule requiring half their loans to be under ₹25 lakh. They also seek permission to participate in co-lending arrangements. These changes aim to help SFBs expand their reach and serve more businesses, particularly MSMEs.
SBI mobilises Rs 6,051 crore from Tier II bonds to fund biz growth
The Rs 400 crore GSP Crop Science IPO enters its final day with 96% subscription, led by strong NII demand while retail interest remains muted.