AU Small Finance Bank has announced that it has been granted permission by the Reserve Bank of India (RBI) to act as an authorized dealer in foreign exchange. The bank has received a license to operate as an Authorized Dealer Category-I (AD-I) under section 10 of FEMA, 1999. As a result, the bank will be able to deal in foreign exchange going forward, provided it adheres to all relevant regulations. This announcement was made by the bank in a SEBI filing.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
AU Small Finance Bank has announced that the Reserve Bank of India (RBI) has approved the re-appointment of Sanjay Agarwal as the managing director and CEO of the bank for a three-year period. The re-appointment is effective from April 19, 2021, until April 18, 2026, according to a statement issued by the bank. Furthermore, the RBI has also cleared the re-appointment of Uttam Tibrewal as the whole-time director for a period of three years.
You may also read this:
Governor Gavin Newsom has approved the Assembly Bill 1267 (AB 1267), which bans child marriage…
The manufacturing sector in India saw a pick-up in September 2026, as the HSBC India…
Narendra Bhooshan, who is the 1992-batch of Indian Administrative Service (IAS) from the Uttar Pradesh…
Indian batsman Rohit Sharma crossed the 12,000 ODI runs mark in the second ODI match…
October is the tenth month of the year and has thirty-one days. Initially, it used…
Bankers’ Books Evidence Act, 2026 shall come into force from October 1, 2026, superseding the…