What is the aim of a small finance bank?

The aim of the small finance bank is financial inclusion by providing basic banking services to the unorganized sector, micro small and medium enterprises, small and marginal farmers, and small business units. You can read about the Types of Banks in India – Category and Functions of Banks in India in the given link.

Further readings:

  1. Granting License for Small Finance Banks by the Reserve Bank of India (RBI)
  2. RBI – Reserve Bank of India [UPSC Indian Economy Notes]

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *