AU Small Finance Bank aims to become universal bank in 3-5 yearsAU Small Finance Bank, recently granted RBI approval for the merger with Fincare Small Finance Bank, aims to evolve into a universal bank w...
10 Mar, 2024, 04.24 PM IST
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...
23 Jan, 2024, 10.24 PM IST
Small finance banks thinking big likely to switch on the M&A modeAU Small Finance Bank's move to acquire Fincare Small Finance Bank may encourage others to explore inorganic opportunities, industry captai...
14 Nov, 2023, 12.14 AM IST
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...
30 Oct, 2023, 06.55 PM IST
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...
30 Oct, 2023, 04.25 PM IST
AU Small Finance Bank shares tank 9% post Q2 earnings, amalgamation announcementAU Small Finance Bank on Saturday reported a 17% rise in standalone net profit at Rs 402 crore for the September quarter 2023-24 aided by a...
30 Oct, 2023, 11.34 AM IST
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...
30 Oct, 2023, 07.24 AM IST
State-owned Wapcos not to proceed with IPO, withdraws papers filed with SebiThe reason for the withdrawal is not known yet. The public sector firm had filed its draft red herring prospectus with Sebi in September la...
26 Sep, 2023, 06.51 PM IST
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 ...
02 May, 2023, 07.40 PM IST
Fincare Small Finance Bank refiles draft IPO papers with SebiBefore converting into a small finance bank, it largely conducted business from two entities namely Disha Microfin, which focused on the we...
08 Aug, 2022, 02.44 PM IST
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 ...
02 Aug, 2021, 04.57 PM IST
Fincare Small Finance Bank files IPO papers with SEBIThe company is a "digital-first" SFB with a focus on unbanked and under-banked customers, especially in rural and semi-urban areas.
09 May, 2021, 03.55 PM IST
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...
09 Jul, 2019, 11.46 AM IST
Fincare SFB targets Rs 5500 crore business in FY19After Kochi, Fincare plans to open branches at Thiruvananthapuram and Kozhikode.
28 Dec, 2018, 04.44 PM IST
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.
12 May, 2017, 03.17 PM IST
TA Associates, LeapFrog lead Rs 500 crore funding in FincareAs many as $1 billion has been infused into financial services companies that has got small bank licenses over the last 12-18 months, indus...
06 Mar, 2017, 07.45 PM IST
FIPB to consider 12 foreign investment proposals on August 2Exfo Asia Pacific, IMCD India Pvt Ltd, Fincare Business Services, Laurus Labs Pvt Ltd are among the foreign investment proposals listed bef...
24 Jul, 2016, 11.43 AM IST