Au Small Finance Bank News - The Economic Times
5 days ago · Au Small Finance Bank Approval Granted By Reserve Bank Of India To HDFC Bank Ltd. For Acquiring Aggregate Holding Of Up To 9.50% Of The Paid-...
HDFC Bank secures RBI nod to acquire 9.5% stake in AU Small Finance ...
5 days ago · AU Small Finance Bank has received approval from the RBI for HDFC Bank and its group entities to acquire up to 9.5% of its stake. ... Download the Financial Express App for the latest finance news ...
Here's why AU Small Finance Bank shares advanced 3% in trade …
3 days ago · AU Small Finance Bank shares gained 2.9 per cent in Monday's trade on BSE at Rs 590.15 per share. The buying in the stock came after the company posted its Q3 update and received a nod from the Reserve Bank of India (RBI) for the acquisition of a 9.5 per cent stake by HDFC Bank and its group entities.
HDFC Bank gets RBI nod to purchase 9.5% stake in AU Small Finance Bank
5 days ago · The Reserve Bank of India (RBI) has granted HDFC Bank, India's largest private lender, permission to acquire up to a 9.5 percent stake in AU Small Finance Bank within a year from the approval date.
RBI approves HDFC Bank's acquisition of up to 9.50% stake in AU Small ...
5 days ago · AU Small Finance Bank (AU SFB) has received a copy of letter of the Reserve Bank of India (RBI) dated January 3, 2025 addressed to HDFC Bank that it has accorded its approval to the HDFC Bank (which includes its group entities viz HDFC Mutual Fund, HDFC Life Insurance Co., HDFC Pension Management Co., HDFC ERGO General Insurance Co. and HDFC Securities) to acquire aggregate holding' of up to 9 ...
HDFC Bank gets RBI nod to pick up 9.5% stake in Kotak Bank, AU …
5 days ago · HDFC Bank has obtained the Reserve Bank of India's approval to acquire up to 9.5% aggregate stake in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank. This approval is valid until January 2, 2026. HDFC Bank must ensure that the stake held by its group entities does not exceed 9.5%.
Press Releases - AU Small Finance Bank
Access official press releases from AU Small Finance Bank in our Media Centre. Stay up-to-date with our company.
AU Small Finance Bank and Fincare Small Finance Bank Merger
As per directions of the Reserve Bank India (RBI), AU Small Finance Bank (AU SFB), India’s largest SFB, announced the merger of Fincare Small Finance Bank (Fincare SFB) into AU SFB, effective 1 st April, 2024.
AU Small Finance Bank : Latest News Headlines, Videos and …
Dec 17, 2024 · In a bid to increase fee income, AU Small Finance Bank (AU SFB) on Tuesday launched an array of products including Rupay credit card and ATM insurance.
RBI approves AU Small Finance Bank acquisition of Fincare Small Finance ...
Mar 4, 2024 · The Reserve Bank of India has approved the merger between Fincare Small Finance Bank and AU Small Finance Bank. The merger will give AU a foothold in southern India and entry into microfinance. The merged bank will have 2334 branches and AU's gross advances are Rs 67,624 crore.