JainMatrix Investments

Tag: SMALL FINANCE BANKS

  • New Banks: Big Changes in Small Change

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    JainMatrix Investments
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    Thought for the day What are Payment and Small Finance Banks? The RBI granted licenses for Payment Banks to 11 entities. This includes telecom firms Vodafone and Airtel; NBFC Cholamandalam Distribution Services; groups Reliance Industries and Aditya Birla Nuvo; and individuals Dilip Sanghvi, MD of Sun Pharma and Vijay Shekhar Sharma (Paytm). The Dept. of…