AU Small Finance Bank Gets RBI Relief | Universal Bank Transition Explained | What It Means | ET Now

Описание: AU Small Finance Bank has received a key regulatory relief from the Reserve Bank of India as it prepares to transition into a universal bank. The RBI has waived the earlier requirement of promoter shareholding through a non-operative financial holding company (NOFHC), simplifying the structure for the bank. Here’s what this regulatory breather means for AU Small Finance Bank and the broader banking sector.

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