Differentiated Banks: Design Challenges (Sri V Narayanan Memorial Lecture” delivered by Shri R. Gandhi, Deputy Governor at Sastra University, Campus Kumbakonam on April 18, 2015) https://www.taxtmi.com/news?id=14342 The Reserve Bank has authorised licensing of differentiated banks through two vertically differentiated models: Small Finance Banks to provide savings and credit to small business units, marginal farmers, micro and small industries and other unorganised sector entities with mandated priority sector lending targets, promoter fit-and-proper requirements, elevated capital and exposure limits; and Payments Banks to offer deposit and payment/remittance services only, with per-customer deposit caps, prohibition on lending, and prescribed high investment in government securities, both permitted to operate nationwide under tailored prudential and supervisory safeguards. en-us Mon, 20 Apr 2015 14:28:30 +0530 Mon, 20 Apr 2015 14:28:30 +0530 TaxTMI RSS Generator Differentiated Banks: Design Challenges (Sri V Narayanan Memorial Lecture” delivered by Shri R. Gandhi, Deputy Governor at Sastra University, Campus Kumbakonam on April 18, 2015) https://www.taxtmi.com/news?id=14342 The Reserve Bank has authorised licensing of differentiated banks through two vertically differentiated models: Small Finance Banks to provide savings and credit to small business units, marginal farmers, micro and small industries and other unorganised sector entities with mandated priority sector lending targets, promoter fit-and-proper requirements, elevated capital and exposure limits; and Payments Banks to offer deposit and payment/remittance services only, with per-customer deposit caps, prohibition on lending, and prescribed high investment in government securities, both permitted to operate nationwide under tailored prudential and supervisory safeguards. News - Mon, 20 Apr 2015 14:28:30 +0530 https://www.taxtmi.com/news?id=14342