The report highlighted that the recovery in disbursements was primarily led by NBFC-MFIs, which recorded 10 per cent QoQ and 27 per cent YoY growth by value. Banks also posted a sequential uptick of 13 per cent QoQ, though YoY growth remained negative. Small Finance Banks (SFBs) reported mod
Mumbai (Maharashtra) [India], February 23: AU Small Finance Bank (AU SFB), India's largest Small Finance Bank and the first in over a decade to receive in-principle approval to transition into a Universal Bank, has been certified as a Great Place to Work® for the sixth consecutive year. The
Mumbai (Maharashtra) [India], February 23: India's digital payments landscape has expanded rapidly over the last few years, and credit cards have moved from being occasional-use instruments to becoming part of everyday financial behaviour. Consumers now rely on them not just for high-value p
Mumbai (Maharashtra) [India], February 18: AU Small Finance Bank offers an enhanced digital savings account experience designed to deliver greater convenience, transparency, and accessibility to customers across India. The initiative reflects the Bank's continued focus on strengthening perso
Mumbai (Maharashtra) [India], January 12: Digital innovation is transforming the way savings accounts are opened, managed, and used. At AU Small Finance Bank, the growing adoption of digital banking platforms has helped savings accounts evolve beyond basic deposit products into efficient too
Mumbai (Maharashtra) [India], January 9: In today's evolving financial landscape, selecting the right credit card plays an important role in managing expenses, building credit, and planning ahead. The AU credit card, offered by AU Small Finance Bank, is designed to support individuals and bu
The Reserve Bank of India (RBI) proposes to raise the dividend payout cap for banks to 75 per cent of net profit from the earlier limit of 40 per cent.
Mumbai (Maharashtra) [India], December 29: Women today are leading businesses, managing households, building investments, and shaping financial decisions like never before. As their financial journeys evolve, banks are also reshaping their offerings to meet their needs more thoughtfully.
Chennai (Tamil Nadu) [India], December 23: Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance") has entered into a strategic bancassurance alliance with Equitas Small Finance Bank ("ESFB"), marking a significant step toward deepening life insurance penetration across Ind
Mumbai (Maharashtra) [India], December 23: Ujjivan Small Finance Bank (Ujjivan SFB), serving more than 98 lakh customers across 26 states and UTs, has achieved a transformational leap in digital adoption and customer engagement through its partnership with Netcore Cloud. By deploying hyper-l
Small Finance Banks (SFBs) in India have entered a pivotal phase of their evolution, transitioning rapidly from their microfinance institution (MFI) roots into robust, diversified lenders with multi-product capabilities, according to a report by Systematix Institutional Equities.
Mumbai (Maharashtra) [India], November 4: Red Hat, the world's leading provider of open source solutions, today announced the winners of the Red Hat APAC Innovation Awards 2025 for India. This year, Red Hat is celebrating Indian Bank, Tata Teleservices, Unity Small Finance Bank, and State Ba