Small bank license list
Au Financiers (India) Ltd., Jaipur Capital Local Area Bank Ltd., Jalandhar Disha Microfin Private Ltd., Ahmedabad Equitas Holdings P Limited, Chennai ESAF Microfinance and Investments Private Ltd., Chennai Janalakshmi Financial Services Private Limited, Bengaluru RGVN (North East) Microfinance Limited, Guwahati Suryoday Micro Finance Private Ltd., Navi Mumbai Ujjivan Financial Services Private Ltd., Bengaluru Utkarsh Micro Finance Private Ltd., Varanasi
For now, all of them have previous experience with micro finance. Licenses will be awarded on a continuous basis.
In future , payment banks licensees like Airtel , Paytm will have a lending arm too.
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