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....