The Reserve Bank of India (RBI) on Friday came out with guidelines for the voluntary conversion of small finance banks (SFBs) into universal banks.
“Such conversion shall be subject to the SFB’s fulfilling minimum paid-up capital/net worth requirement as applicable to universal banks...
In the beginning of August, I opened a savings account with Jana SFB via paper form.
During the application I wanted to submit a laminated masked Aadhaar card which was cut out from e-Aadhaar downloaded in April this year. The download date is mentioned in the card.
The official refused to...