RBI's Guidelines for Voluntary Transition of SFBs to Universal Banks

RBI's Guidelines for Voluntary Transition of SFBs to Universal Banks for UPSC Mains General Studies Paper 3 :Current Affairs in Economy Watch


On 26th April, 2024, the Reserve Bank of India (RBI) published guidelines for the voluntary conversion of Small Finance Banks (SFBs) into universal banks.

What are the Guidelines for Transition?

  • Track Record: A minimum of five years of satisfactory performance.
  • Net Worth: A minimum of Rs. 1,000 crore at the end of the previous quarter (audited).
  • Stock Exchange Listing: The SFB’s shares must be listed on a recognized stock exchange.
  • Capital Adequacy: Meeting the prescribed Capital to Risk-weighted Assets Ratio (CRAR).
  • Profitability: Net profit recorded ....

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