The minimum paid-up voting equity capital or net worth requirement has been set at Rs 200 crore.
"After the initial stabilisation period of five years, and after a review, RBI may liberalise the scope of activities of the small finance banks," the central bank said.
More than thirty months after on tap licensing guidelines were issued not a single organisation has come forward to set up banks in India
Banks are positive on some of the steps taken by the Reserve Bank (RBI). They are also positive on differential banking and the need to create a central repository for corporate exposure.