Latest Updates Around The World
AU SFB’s star-powered branding push: Sanjay Agarwal, Managing Director and Chief Executive Officer, AU Small Finance Bank | Photo credit: PAUL NORONHA/businessline AU Small Finance Bank (AU SFB), which recently received the RBI’s in-principle approval to transition into a universal bank, has roped in film actors Ranbir Kapoor and Rashmika Mandanna as brand ambassadors. The […]
Indian shares ended October on a subdued note, snapping a four-week winning streak, while benchmark indices closed marginally lower amid profit booking and mixed global cues. The tone remained largely positive and volatile throughout the first three sessions; However, profit-taking in the latter part of the week erased early gains and pushed the indices close […]
The net interest margin (NIM) was 5.5 percent in the second quarter, higher than the 5.4 percent last quarter AU Small Finance Bank on Friday reported a 2 per cent year-on-year (yoy) and 3 per cent quarter-on-quarter (qoq) decline in net profit for the quarter ended September at ₹561 crore, largely due to higher provisioning […]
Kolkata: the requirement to rings for the final transformation of AU Small Finance Bank in a Universal Bank may not apply to Jana SFB and Ujjivan SFB If the Reserve Bank of India approves their applications, said experts who follow the sector. These two universal banking aspirants would somehow meet this specific aspect. The Central […]
Sanjay Agarwal, director and Chief Executive Officer, Au Small Finance Bank AU Small Finance Bank (AU SFB) will transfer the shareholding of its promoter and promotor group -currently at nearly 23 percent -a non -operative financial holding (NOFHC), as part of its transition to a universal bank, MD & CEO Sanjay Agarwal told reporters here […]
