License for a Small Finance Bank
On January 6, 2020 Shivalik Mercantile Co-operative Bank Ltd. received in principle approval from RBI to transition to a Small Finance Bank (SFB) (a Scheduled Commercial Bank). This has been possible due to your continuous patronage. As of March 31, 2019 thirty-one private commercial banks including ten SFBs were in operation.
Please click on below buttons to know more.