RBI Grants AU SFB Universal License—A First in a Decade
RBI grants
RBI grants AU Small Finance Bank universal banking license—the first in a decade!
Only small finance bank to get full banking rights since 2015, marking a major regulatory step.
Milestone Explained
What It Means
Can now offer all conventional banking services: savings, loans, credit cards, and more.
Leadership & Growth
The move reflects RBI’s confidence in the bank’s governance and risk management.
Strategic Impact
Positions AU SFB to challenge traditional banks and deepen financial inclusion.
Next Steps
AU SFB to accelerate expansion across services—delivering broader access to customers.