Stocks in news: Wipro, Motilal Oswal, Jana SFB, Force Motors, Tech MahindraMarkets opened positively, building on Friday's gains. Wipro's promoter sold shares worth ₹5,057 crore, while Motilal Oswal faced a Sebi fi...
10 Jun, 2025, 06.10 AM IST
Improved loan book gives much credibility to Ujjivan Small Finance BankUjjivan Small Finance Bank rebounded 16% from its 52-week low after announcing plans to apply for a universal banking license. Despite weak...
06 Feb, 2025, 06.05 AM IST
AU Small Finance inks pact with United India Insurance Co for distribution of insurance productsAU Small Finance Bank and United India Insurance Company have announced a strategic partnership to offer general insurance solutions to the...
06 Sep, 2024, 10.19 PM IST
AU Small Finance Bank aims to double balance sheet to Rs 2.5 lakh cr in 3 years: MD Sanjay AgarwalAU Small Finance Bank is set to double its balance sheet size to Rs 2.5 lakh crore in three years, driven by the acquisition of Fincare SFB...
28 Apr, 2024, 12.37 PM IST
Small finance banks seeking universal banking license need at least Rs 1,000-crore net worth: RBIRBI said that listed and profitable small finance banks with gross non-performing assets ratio less than 3% for last two fiscals can apply ...
27 Apr, 2024, 07.26 AM IST
RBI sets eligibility rules for SFBs seeking universal banking licenceBoth these lenders, along with Equitas, announced their intent to seek universal banking licence, which offers more regulatory flexibility ...
27 Apr, 2024, 12.46 AM IST
Fincare merges with AU Small Finance BankAU Small Finance Bank merged with Fincare Small Finance Bank, gaining access to South India. The consolidation strengthens the customer bas...
01 Apr, 2024, 09.32 PM IST
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...
30 Oct, 2023, 07.01 PM IST
RBI scheme says PMC depositors to be paid over a period of 3 to 10 yrsThe scheme says that depositors can claim upto Rs 50,000 at the end of three years and further can claim Rs 1 lakh at the end of four years...
22 Nov, 2021, 08.01 PM IST
Centrum Capital soars 19% after SFB nod from RBIShares of Centrum Capital have zoomed as much as 175 per cent in the calendar year 2021 so far, against a 27 per cent rise in BSE Sensex. T...
13 Oct, 2021, 11.56 AM IST
Carol Furtado appointed as OSD of Ujjivan SFB; to take over as interim CEO from OctUjjivan SFB held a board meeting on Wednesday and unanimously approved the appointment of Carol Furtado as the 'Officer on Special Duty (OS...
25 Aug, 2021, 08.58 PM IST
What sparked a rally in Equitas Holdings and Equitas SFB todayShares of Equitas holdings jumped 9 per cent to Rs 135.70 on Tuesday.
27 Jul, 2021, 11.21 AM IST
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...
07 May, 2021, 07.37 AM IST
RBI lends a helping hand to lenders to the grassrootsRBI has allowed SFBs to classify fresh lending to MFIs with asset size of up to Rs 500 crore as priority sector lending for on-lending to i...
05 May, 2021, 06.19 PM IST
RBI issues its first licence to an UCB to convert into Small Finance BankThe “in-principle” approval granted will be valid for 18 months to enable the applicant to comply with the requirements under the scheme, t...
06 Jan, 2020, 08.38 PM IST
Equitas Holdings tanks 13% as Sebi rejects scheme of arrangement for banking armEquitas had also approached Sebi with a reverse merger proposal but was turned down.
17 Sep, 2019, 08.47 AM IST
ESAF small finance bank gets RBI nod to operate as scheduled bankThis makes Thrissur-based ESAF small finance bank (SFB) the fifth scheduled bank from Kerala.
28 Dec, 2018, 09.50 PM IST