RBI Approves Temasek Holdings’ Stake Hike in AU Small Finance Bank: Key Impact on Indian Banking Sector
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%…