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Daily Archives: February 6, 2015

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Small finance bank setup in India

Indian Financial SystemBy Surendra NaikFebruary 6, 20152 Comments

The Small Finance Bank setup in India is similar to a normal banking activities of other commercial banks viz. accepting deposits from the customers for the purpose of lending to unserved and underserved segments across the country. These banks can also sell mutual funds, pensions, insurance and foreign exchange to their customers The permission to…

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