SFB

VFS Capital Ltd seeks small finance bank permit

BNW News / 3 January 2025

VFS Capital, previously known as Village Financial Services Private and headquartered in West Bengal, was incorporated in 1994 as a non-deposit taking non-banking financial company-microfinance institution (NBFC-MFI).

Deposit insurance was set at Rs5 lakhs in 2021

Banking

Small finance banks to grow advances 25-27% this fiscal, says Crisil

BNW News / 26 August 2024

Amid challenges in mobilizing deposits and their higher cost, SFBs are likely to explore alternative, non-deposit avenues to fund credit growth. That said, capital buffers to support growth remain healthy for SFBs.