New Delhi [India], May 28: AmbitionBox, India's No. 1 platform for company reviews and salary insights, has announced the ABECA 2025 - AmbitionBox Employee Choice Awards, the largest employee-driven workplace awards in the country.
The Reserve Bank of India (RBI) has adopted a more consultative approach under its new Governor, as reflected in its recent decision to roll back the increase in risk weightage on loans to Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs), according to a report by
Ahmedabad (Gujarat) [India], December 26: AU Small Finance Bank (AU SFB) has unveiled its latest offering, the AU NOMO Credit Card, a groundbreaking financial product that allows individuals to access credit while still growing their savings. This innovative credit card leverages the power o
New Delhi [India], December 24: Every small detail matters when it comes to saving money. From competitive interest rates on your savings account to the convenience of accessing your funds, AU Small Finance Bank is redefining how modern savers plan their finances. With tailored solutions des
New Delhi [India], October 28: The 'Bharat Microfinance Report' released by Sa-dhan, India's largest self - regulatory organisation of Impact Finance Institutions, has observed that the micro-finance institutions, particularly the 'For - Profit' organisations like NBFC-MFIs, NBFCs and SFBs s
Mumbai (Maharashtra) [India], August 21: Aditya Birla Finance Limited ("ABFL"), a wholly owned subsidiary of Aditya Birla Capital, India's leading financial services conglomerate and AU Small Finance Bank Limited (SFB), India's largest small finance bank, has announced the launch of Adity
New Delhi [India], July 29: Durable metal credit cards are the new fashion symbol for today's discerning and design-conscious customers. AU Small Finance Bank (AU SFB) taps into this trend with a range of premium metal RuPay credit cards, combining the sleek sophistication of a contemporary
Bengaluru (Karnataka) [India], June 7: Banking customers in metros and non-metros increasingly expect complimentary offers and value-added services as part of their premium savings accounts, whereas higher insurance coverage is important in non-metros, as per a survey conducted among premium
According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eligibility criteria. Firstly, they must maintain a satisfactory track record of performance for a minimum of five years.
The Reserve Bank of India (RBI) has set out certain provisions fulfilling which Small Finance Banks (SFBs) can voluntarily convert themselves into Universal Banks.