August 11, 2025

small finance bank to universal bank

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

  • August 11, 2025

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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