HomeNewsEconomyShivalik Small Finance Bank Limited starts its Operations

Shivalik Small Finance Bank Limited starts its Operations

Shivalik Small Finance Bank Limited starts its Operations

On 26th April 2021, The UP-based Shivalik Small Finance Bank Limited has started its operations as a Small Finance Bank (SFB) and becomes the first urban co-operative bank (UCB) in India that gets a license from RBI.

  • RBI issued a license to SFB under Section 22 (1) of the Banking Regulation Act, 1949.

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