September 3, 2025

Banking regulations

Banking

Why AU SFB’s universal banking licence matters – Banking & Finance News

AU Small Finance Bank has become the first small finance bank in over a decade to secure a universal banking licence from the banking regulator. The approval marks a significant shift in the bank’s operational scope, explains Ashvin Parekh l  Why a universal banking licence is rarely granted THE RARITY OF universal banking licences (UBL) reflects

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Banking

US consumer finance watchdog to revise open banking regulations

The US Consumer Financial Protection Bureau (CFPB) plans to revise the open banking regulations initially adopted under former President Joe Biden, reported Reuters. CFPB’s decision follows a federal judge’s pause on a lawsuit aiming to strike down these regulations, allowing the agency time to replace them with a new version. The consumer finance watchdog, under

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