AU Financiers gets final licence from RBI to start small finance bank

Posted byAmit Pundir Leave a comment on AU Financiers gets final licence from RBI to start small finance bank

AU Financiers (India) Ltd  has received the final licence from the Reserve Bank of India (RBI) to start a small finance bank, becoming the seventh entity to do so. AU Financiers was the only non-banking finance company (NBFC) among the 10 entities to receive in-principle approvals to start small finance banks in September 2015.

Source-The Hindu


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