Micro-finance platform Disha plans the formal launch of its small finance bank (SFB) in the next quarter, followed by 30-40 branches in the next three months. The SFB, under parent Fincare Business Services, also looks to offer products such as gold loans and micro-enterprise loans to rural custo…
Tag: Rajeev Yadav
Small finance banks eye priority sector lending certificates to boost fee income
Mumbai: As small finance banks gear up to start operations over the next few months, they are eyeing Priority Sector Lending Certificates (PSLC) as a key business opportunity to boost their fee income. PSLC is a short-term accounting instrument used by banks to cover shortfalls in meeting priorit…