Source: swadesi.com

AU Small Finance Bank gets RBI nod for transition to universal bank

August 7, 2025

By SwadesiNews

2 min read

Mumbai, Aug 7 (PTI) The Reserve Bank on Thursday said it has decided to grant ‘in-principle’ approval to AU Small Finance Bank Limited for transition into a universal bank.

After getting the SFB licence in 2015, AU Financiers commenced its journey as a small finance bank in April 2017.

AUSFB has a network of over 2,505 banking touchpoints across 21 states and 4 Union Territories. It has a customer base of over 1.15 crore and a workforce of more than 53,000 at end-June 2025. PTI NKD NKD ANU ANU

Category: Breaking News

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AU Small Finance Bank gets RBI nod for transition to universal bank

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