The application for this transition was submitted on September 3, 2024, under the RBI's 'on tap' licensing guidelines (August 2016) and April 2024 framework for the voluntary conversion of small ...

GIFT Nifty traded 24,535.50, down 95 points, a discount of 92 points from the Nifty futures’ previous close, indicating a ...

AU Small Finance Bank has received the RBI's in-principle approval to become a universal bank—the first such licence in nearly a decade. This move allows AU to expand operations, issue larger loans, ...

Chartered accountant Sanjay Agarwal, who began lending to small businesses in Rajasthan in 1997, has won RBI’s first ...

The RBI's new Non-Fund Based Credit Facilities Directions, 2025, will make it easier and cheaper for Indian corporates, SPVs, ...

AU Small Finance Bank has received the Reserve Bank of India's in-principle nod to operate as a universal lender.The ...

Ministry of Finance addresses Lok Sabha questions on misuse of SARFAESI Act, detailing existing safeguards for borrowers and ...

A universal bank status would allow AU SFB to scale up operations by offering larger loans, serving a wider customer base, ...

AU Small Finance Bank received the RBI approval to transition into a 'universal bank' status on Thursday, 7 August 2025. AU ...

Founded in 2017 after receiving its small finance bank licence in 2015, AU SFB has rapidly expanded its presence, now ...

The Reserve Bank of India’s latest Bank Lending Survey reveals a temporary dip in loan demand across major sectors in Q1 FY26 ...