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Most SFBs would not clamour to become universal banks if RBI eases some curbs, says ex-Secy

By Economic Times - 5 months ago
As per the RBI guidelines, SFBs are required to open at least 25 per cent of their branches in unbanked rural centres and are mandated to provide 75 per cent of loans to the priority sector compared to 40 per cent for the commercial banks.

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