New Delhi, Aug. 7 -- AU Small Finance Bank on Thursday, 7 August 2025, received the Reserve Bank of India (RBI) 'in-principle' approval to transition into a 'universal bank' status, according to an official filing.
"The Reserve Bank has decided to grant 'in-principle' approval to AU Small Finance Bank Limited (AUSFB) for transitioning from a Small Finance Bank (SFB) to a Universal Bank," said the RBI in its official release.
(This is a developing story. Please check back for updates)
Published by HT Digital Content Services with permission from MINT....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.