AU Small Finance Bank receives approval from the RBI to become a Universal Bank

AU Small Finance Bank has made history by receiving in-principle approval from the Reserve Bank of India to become the first Small Finance Bank to transition into a Universal Bank. This milestone reflects AU’s robust business model, sound governance, and commitment to financial inclusion. Led by Founder Sanjay Agarwal, the bank’s journey embodies perseverance and purpose, preparing AU to offer a full range of banking services for a more inclusive and empowered India.