The quiet rise of India's small finance banks9 min read . Updated: 11 Aug 2021, 01:29 AM IST
- India’s SFBs have been in a tearing hurry to grow. Will they solve the financial inclusion conundrum?
- The share of current and savings accounts (CASA) in total deposits for SFBs stood at 15% in March 2020, as compared to 41% for banks. This is despite SFBs offering a higher interest rate.