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Tag: RBI Guidelines

AU Small Finance Bank Submits Application To RBI For Universal Bank Licence

Posted on September 3, 2024 By Admin No Comments on AU Small Finance Bank Submits Application To RBI For Universal Bank Licence
AU Small Finance Bank Submits Application To RBI For Universal Bank Licence

New Delhi: AU Small Finance Bank (AUSFB) on Tuesday submitted an application to the RBI seeking approval for a universal bank licence. The RBI in April invited applications from small finance banks meeting specified criteria, including a minimum net worth of Rs 1,000 crore, for becoming regular or universal banks. AUSFB submitted an application to…

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