SC Slams Akola Cops For Dereliction, Orders Formation of SIT With Hindu and Muslim Officers || Delhi HC Rules Employed Wife Deserves Maintenance Matching Marital Standard of Living || Delhi HC Restrains Unauthorized Use of Abhishek Bachchan’s Name, Image, & Voice || J&K&L HC: Custody Can't Favor Either Parent Solely Based On Gender; Constitution Forbids Bias || Kerala HC Rejects Anticipatory Bail to IT Firm Owner in Sexual Harassment Case Citing Probe Anomalies || SC Criticizes Punjab National Bank for Settling With Borrower Post-Auction of Secured Property || Delhi HC: GST Officials Need Lawyer’s Consent or Presence to Access Their Computer Devices || Kerala HC Paves Way for Global Ayyappa Sangamam, Directs Steps to Uphold Sabarimala's Sanctity || Delhi HC: No Certification for Films That Mock Religions or Incite Hate in a Secular Society || Bombay HC: Missing a Few Hearings Isn't Enough to Dismiss a Case for Non-Prosecution

Suryoday Small Finance Bank Limited commences operations- (Reserve Bank of India) (23 Jan 2017)

MANU/RPRL/0008/2017

Banking

Suryoday Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Suryoday Micro Finance Private Limited, Navi Mumbai was one of the 10 applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press release on September 16, 2015.

Tags : FINANCE BANK SMALL OPERATIONS

Share :