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India's AU Small Finance Bank , on Thursday, got the banking regulator's 'in-principle' approval to transition into a ...
AU Small Finance Bank's promoters will transfer shares to a non-operative holding company, fulfilling RBI's requirements for ...
The Reserve Bank of India has granted AU Small Finance Bank a universal banking license, the first in a decade, potentially ...
A universal bank is a financial institution that provides a comprehensive range of services. These include: Possess a ...
AU Small Finance Bank has received in-principle approval from RBI to become a universal lender. In the next 18 months, it ...
The central bank approval comes after the bank's letter dated September 3, 2024, seeking a universal bank license from the ...
AU Small Finance Bank is set to become a universal bank, pending promoter Sanjay Agarwal's transfer of his 22% stake to a ...
Sanjay Agarwal, MD & CEO, AU Small Finance Bank said the immediate priority is to lower the bank’s cost of funds and stay ...
AU Small Finance Bank has received in-principle approval from the Reserve Bank of India to transition into a universal bank, ...
AU Small Finance Bank will transfer its promoter and promoter group’s shareholding — currently at nearly 23 per cent -into a ...
AU Small Finance is the largest Small Finance Bank in the country, with a loan book of over ₹1 lakh crore, which grew 23% ...