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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 ...
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 ...
A universal bank is a financial institution that provides a comprehensive range of services. These include: Possess 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 is the largest Small Finance Bank in the country, with a loan book of over ₹1 lakh crore, which grew 23% ...
Eight years after it received its licence, AU Small Finance Bank is working towards reaching the top tier in India's banking ...
AU Small Finance Bank expects that it will arrest stress completely by December and resume growth on the cards business.
AU Small Finance Bank will transfer its promoter and promoter group’s shareholding — currently at nearly 23 per cent -into a ...
First Small Finance Bank to receive in-principle approval to become a Universal Bank Key milestone in Sanjay Agarwal’s ...