small finance bank

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    NBFC Framework Proposed Amid Tata Sons Listing Debate

    Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra announced on Wednesday that the monetary authority will be introducing a new framework for non-bank lenders in the wake of uncertainty surrounding Tata Sons' listing issue."We are coming up with a new framework for NBFCs. We should be doing...
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    Bank Official and Father Involved in Government Funds Embezzlement

    Bhubaneswar, March 18 The Odisha Vigilance Department arrested a bank official on Wednesday for allegedly embezzling over ₹5 crore in government funds, along with his father, officials said.The accused is the branch head of a small finance bank in Bhadrak district, Odisha, they said.The...
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    Bank Maintains Compliance, Denies Involvement in Betting Activity

    New Delhi, March 2 Fino Payments Bank, whose Managing Director and CEO Rishi Gupta was arrested by the Directorate General of GST Intelligence (DGGI) on Monday, said the bank had not evaded any GST dues and was compliant with all regulations."The DGGI's investigation was related to the program...
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