RBI guidelines for Payments banks’ SFB licence

Topics Covered: Inclusive growth and issues arising from it. RBI guidelines for Payments banks’ SFB licence What to study? For Prelims: Small Finance Banks- management, functions and features. For Mains: Financial inclusion- need, challenges and efforts by the government.   Context: RBI has announced the final guidelines for on-tap licencing of private sector SFBs.   …