Back to Top

Login | Register

Please Wait ..


ESAF Small Finance Bank gets RBI nod for NRI Operations

By : Guest on 15 June 2018 E-mail Print Report Abuse


ESAF Small Finance Bank has received Reserve Bank of India's (RBI) approval for NRI operations. As per operating guidelines for Small Finance Banks, it has been decided by Reserve Bank of India that Small Finance Banks who are authorized as dealer category II are permitted to open and maintain Non-Resident Rupee AccountsThe bank will be able to provide services of NRE (Rupee) Savings Bank and term deposit accounts and buying and selling of foreign currencies.

 

About ESAF Small Finance Bank

The journey of ESAF began in a small house named ‘Little’ at Thrissur in 1992. Contrary to what the name sounds, ESAF Society was launched with a bigger vision of sustainable holistic transformation of the poor and the marginalized.

Source : ,

back to the top

You need to be logged in to post comment

Comments (0)


Related News:
 

More news from this category













Quick Links



Browse By Category



Subscribe to "news" Feeds

Enter your email to receive "news" Updates:

Stay in touch :           



Search For :
Time Mba Top Business Top Management Top Mba University Mba

Mobile: sms 'ON MBACLUBINDIA'
to 9870807070



Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join MBAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.