AU Small Finance Bank universal license news: RBI approves AU SFB as India’s first small finance bank to become a universal bank, expanding its services and market reach. AU Small Finance Bank Gets RBI Nod for Universal Bank Status: A Landmark Achievement RBI Grants Universal Bank License to AU Small Finance Bank The Reserve Bank…
RBI Approves Temasek Unit’s Stake Hike in AU Small Finance Bank Introduction to the News The Reserve Bank of India (RBI) has approved the proposal for Temasek Holdings, a Singapore-based investment firm, to increase its stake in AU Small Finance Bank. Temasek, through its subsidiary, has sought to raise its stake from the existing 15%…
AU Small Finance Bank Appoints H.R. Khan as Non-Executive Chairman AU Small Finance Bank has recently made a significant move in its leadership by appointing H.R. Khan as the Non-Executive Chairman. This decision holds paramount importance, especially for candidates preparing for government exams in various sectors. In this article, we will delve into the details…
RBI Allows AU Small Finance Bank to Deal with Foreign Exchange The Reserve Bank of India (RBI) has recently allowed AU Small Finance Bank to deal in foreign exchange (FX) services. The bank can now offer services such as outward remittances in foreign currency and issuance of foreign currency travel cards, among others. AU Small…
AU Small Finance Bank Launches Credit Card Offering Platform SwipeUp AU Small Finance Bank has launched its credit card offering platform called SwipeUp. The platform aims to offer customers an easy and hassle-free credit card application process. Customers can choose from four different types of credit cards, which cater to the diverse needs of customers….
