Recently, the RBI decided to grant ‘in-principle’ approval to AU Small Finance Bank for transitioning from a small finance ...

Reserve Bank of India has approved AU Small Finance Bank's transition to a Universal Bank. This upgrade brings more products and stronger services. Existing accounts, interest rates, and access ...

India's AU Small Finance Bank , on Thursday, got the banking regulator's 'in-principle' approval to transition into a ...

The Agarwal family holds 21.4 per cent stake in the bank with Sanjay himself holding 15.73 per cent stake worth Rs 8,700 ...

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 ...

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 ...

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, under the leadership of Sanjay Agarwal, has received in-principle approval to transition into a ...

The central bank approval comes after the bank's letter dated September 3, 2024, seeking a universal bank license from the ...