Mumbai, June 13, 2018: ESAF Small Finance Bank has received Reserve Bank of India’s (RBI) approval for NRI operations. As per operating guidelines for Small Finance Banks, it has been decided by Reserve Bank of India that Small Finance Banks who are authorized as dealer category II are permitted to open and maintain Non-Resident Rupee Accounts. The bank will be able to provide services of NRE (Rupee) Savings Bank and term deposit accounts and buying and selling of foreign currencies
