India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...

AU Small Finance Bank has submitted its final application for a universal banking license. This follows the Reserve Bank of India relaxing ...

AU Small Finance Bank has submitted its final application for a universal banking license after the RBI relaxed the non-operative holding c...

India's banking sector concluded FY26 strongly, with credit growth hitting 16.1% and deposits surging 13.5%. Banks aggressively mobilized f...

The Reserve Bank of India has returned Ujjivan Small Finance Bank's application to become a universal bank. The central bank cited the need...

The decision to merge the two holding companies into one is not related to Jana's universal banking aspirations while this would only help ...

Small finance bank shares saw a rise after Reserve Bank of India granted AU Small Finance Bank a universal banking licence. This move spark...

Bigger peers waiting in line include AU SFB and Ujjivan SFB. A universal banking licence will give SFBs greater operational fl exibility an...

Jana Small Finance Bank has applied to the RBI for a universal banking licence. Calling it a key milestone, the bank said the move undersco...

Jana Small Finance Bank has applied to the Reserve Bank of India for approval to transition into a universal bank, marking a key step in it...

Ujjivan Small Finance Bank has applied for a universal banking license, positioning itself to transition from a small finance bank. Complyi...

Both these lenders, along with Equitas, announced their intent to seek universal banking licence, which offers more regulatory flexibility ...

Small finance banks in India, including AU, Equitas, and Ujjivan, are waiting for regulatory approval to upgrade their licenses and become ...

“The examination of six applications has now been completed as per the procedure laid down under these guidelines,” the RBI said in a state...

Legal experts have reached out to the Reserve Bank of India (RBI) and sought clarity around the eligibility criteria to apply for both univ...

Navi Technologies is in the process of acquiring 100% stake in microfinance company Chaitanya Rural Intermediation Development Services Pri...

The company is still eager to set up a bank once for universal bank licences and most recently when it failed to grab a small finance bank ...