RBI approves AU Small Finance Bank acquisition of Fincare Small Finance Bank with effect from April 1The Reserve Bank of India has approved the merger between Fincare Small Finance Bank and AU Small Finance Bank. The merger will give AU a f...
CCI approves merger of Fincare Small Finance Bank with AU Small Finance Bank"...CCI vide its letter dated January 23, 2024 has communicated that CCI in its meeting held on January 23, 2024, considered and approved t...
Merging with Fincare to enter MFI segment, southern markets: AU Small Finance BankAU SFB, in a late evening regulatory filing on Sunday, announced its approval of the amalgamation. Post the deal announcement, Fincare's Rs...
AU SFB set to acquire Fincare Small Finance Bank in all-share dealThe shareholders of Fincare Small Finance Bank will receive 579 equity shares of AU Small Finance Bank for every 2,000 shares held. The mer...
AU Small Finance Bank and Fincare Small Finance Bank merger: How it is likely to impact youIndividuals who have savings accounts, fixed deposits or have availed loans from AU Small Finance Bank and Fincare Small Finance Bank are l...
FD interest rate up to 9.21%: Fincare Small Finance Bank hikes fixed deposit ratesFincare Small Finance Bank has increased fixed deposit interest rates on deposits below Rs 2 crore, according to the official website of th...
AU Small Finance Bank to acquire Fincare Small Finance Bank in share dealAs per the agreement between the two, shareholders of Fincare Small Finance Bank shall receive 579 equity shares of AU Small Finance Bank f...
Fincare Small Finance Bank gets Sebi nod for IPOFincare SFB applied for the IPO afresh in May. It initially filed draft papers last year but needed to refile the proposal with a fresh set...
Fincare SFB revises savings account interest rates; earn up to 7.5%Following the modification, will bank offers the highest interest rates on savings accounts up to 7.50%.
Fincare SFB files draft papers with Sebi to raise funds via IPOThe IPO comprises fresh issues of up to Rs 625 crore and an offer for sale (OFS) aggregating up to 1.7 crore equity shares by promoter and ...
This bank offers FD interest rate up to 9.01% for senior citizens, 8.41% for other investorsFincare Small Finance Bank will offer fixed deposit interest rates up to 9.01% for senior citizens and 8.41% for regular investors for sums...
Fincare Small Finance Bank gets Sebi's go ahead to raise Rs 1,330 cr via IPOThe initial public offer (IPO) comprises a fresh issue of equity share of the bank worth Rs 330 crore and an offer for sale aggregating up ...
Fincare SFB to file IPO papers this weekFincare SFB was one of the 10 micro finance institutions that received RBI permission to convert into a small finance bank. Under RBI norms...
Fincare Small Finance Bank plans Rs 1,200 crore IPO, hires bankersAs per central bank norms, SFBs need to have a holding company as a promoter and the bank to be listed in three years of commencement of op...
Fincare SFB, Kookmin Bank get included into second schedule of RBI ActFincare Small Finance Bank and Kookmin Bank have been included in the second schedule of the Reserve Bank of India Act, according to RBI no...
Fincare SFB targets Rs 5500 crore business in FY19After Kochi, Fincare plans to open branches at Thiruvananthapuram and Kozhikode.
Disha Microfin receives final licence to set up small finance bankThe small finance bank will be called Fincare Small Finance Bank, and will commence operations in July this year.