Early implementation of the Reserve Bank of India panel’s recommendation on small finance banks (SFBs) will give more time to list shares on exchanges. It will also provide breather to get business hit by the Covid-19 pandemic back on track, SFBs executives said.
The steps mooted by the RBI’s internal working group headed by P K Mohanty may not impact regulations concerning SFBs in the short term. Banks have to assume current guidelines are operational and work according to them. It is not clear how quickly these recommendations will be implemented. The time lines for listing are very close for