Unity Small Finance Bank receives RBI license and commences operations
Unity Small Finance Bank issued Small Finance Bank (SFB) license issuance and operations commencement affecting Reserve Bank of India on November 1, 2021.
- Primary
- Unity Small Finance Bank
- Counterparty
- Reserve Bank of India
- Structure
- Small Finance Bank (SFB) license issuance and operations commencement
- Date
- November 1, 2021
- Sub-sector
- Lending Tech (SMB)
RBI-approved SFB license enables Centrum and BharatPe to serve MSME lending at scale with digital-first model and regulatory backing.
Source: businesstoday.in