Tag: Small Finance Bank

RBI grants small finance bank licence to Unity SFB, consortium of Centrum and BharatPe

The Reserve Bank of India (RBI) on October 12 issued a small finance bank licence to the consortium of Centrum Financial Services Limited (Centrum), and Resilient Innovations Private Limited (BharatPe), Centrum said in an exchange filing. The new entity will take over the assets and liabilities of Punjab and Maharashtra Co-operative Bank. Centrum’s  MSME and Micro […]

Former Reliance Capital CEO Sam Ghosh plans to set up a small finance bank

Former Reliance Capital CEO Soumen (Sam) Ghosh has applied for a small finance bank license through a recently set up firm called Cosmea Financial Holdings. The Maharashtra-based firm was incorporated in November last year. Cosmea aims to involve in activities auxiliary to financial intermediation, except insurance and pension funding. Directors of the company are Soumen Ghosh, Suresh Thiruvananthapuram Viswanathan, and Amit Agrawal. Former Reliance Capital […]

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