RBI Rejects Applications for Small Finance Banks from Dvara and Tally
The Reserve Bank of India (RBI) announced the rejection of applications from Dvara Kshetriya Gramin Financial Services Private Limited and Tally Solutions Private Limited for setting up small finance banks. The decision was revealed in a press release issued by the central bank on April 12, 2024. Under the guidelines for ‘on tap’ licensing of … Read more