RBI releases names of applicants under ‘on tap’ Licensing of Universal Banks and Small Finance Banks

The RBI on April 15 released names of applicants under the guidelines for ‘on tap’ Licensing of Universal Banks and Small Finance Banks in the private sector. Applicants under Guidelines for ‘on tap’ Licensing of Universal Banks include UAE Exchange and Financial Services Limited, The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank), Chaitanya India Fin Credit Private Limited, Shri Pankaj Vaish and others, the RBI said.

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