Sensex
83,938.71 profit arw -465.75 (-0.55%)
Nifty
25,722.10 profit arw -155.75 (-0.60%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 08-Aug-2025
Economy - Reports
08-Aug-2025     11:08

RBI grants 'In-principle' Approval to AU Small Finance Bank Limited for transition into a Universal Bank

The Reserve Bank on Thursday said it has decided to grant 'in-principle' approval to AU Small Finance Bank for transition into a universal bank. After getting the SFB licence in 2015, AU Financiers commenced its journey as a small finance bank in April 2017. With the RBI notification, AU becomes the first Small Finance Bank in India to receive this in-principle approval to become a universal bank.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

83,938.71 -465.75 (-0.55%)

Nifty

25,722.10 -155.75 (-0.60%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

25,906.65 -376.05(-1.43%)