RBI releases names of entities eyeing on-tap license for universal and small finance banks, BFSI News, ET BFSI

The Reserve Bank of India has released the names of entities who have applied for universal bank license and small finance bank license under the on-tap licensing mechanism.

Applicants for Universal Banks

• UAE Exchange and Financial Services Limited
• The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank)
• Chaitanya India Fin Credit Private Limited
• Shri Pankaj Vaish and others

Applicants for Small Finance Banks

• VSoft Technologies Private Limited
• Calicut City Service Co-operative Bank Limited
• Shri Akhil Kumar Gupta
• Dvara Kshetriya Gramin Financial Services Private Limited