| Date | Title | Description |
| 16.05.2024 | SBI hikes FD interest rates: Here's what all the banks are offering | - |
| 08.05.2024 | Explore Credit Cards on Bajaj Markets for Akshaya Tritiya Gold Purchases | Pune, Maharashtra, India
Explore a range of credit cards on Bajaj Markets, a digital financial marketplace, for Akshaya Tritiya 2024 gold investments. Celebrate new beginnings and prosperity with gold purchases using credit cards for added ... |
| 02.05.2024 | Currency derivatives volumes plunge significantly on RBI exposure norms | - |
| 01.05.2024 | Top 4 credit card issuers lose market share in FY24 | MUMBAI The top 4 credit card issuers of the country saw a decline in their market share during FY24, both in terms of monthly card spends and total cards outstanding, according to data by the Reserve Bank of India.
The market share of the t... |
| 29.04.2024 | RBI launches two key surveys to get inputs for upcoming monetary policy | - |
| 29.04.2024 | AU Small Finance Bank stock rallies over 6% on universal banking hopes | - |
| 29.04.2024 | AU Small Finance Bank eligible for universal banking licence application | - |
| 28.04.2024 | AU SFB to explore universal bank conversion | AU Small Finance Bank could be the first small finance bank to take advantage of the Reserve Bank of India’s recent framework for small finance banks to become a universal bank.
Welcoming the guidelines on voluntary transition of small fina... |
| 28.04.2024 | AU Small Finance Bank to double balance sheet to Rs 2.5 trn in 3 yrs: MD | - |
| 28.04.2024 | AU Small Finance Bank aims to double balance sheet to ₹2.5 lakh cr in 3 years: MD | AU Small Finance Bank is targeting to double its balance sheet size to ₹2.5 lakh crore in three years, helped by the acquisition of Fincare SFB and the growing consumption trend in the country.
The bank earlier this week operationalised Aut... |
| 26.04.2024 | RBI lays out a roadmap for voluntary transition of small finance banks to universal banks | The Reserve Bank of India on Friday laid out a roadmap for the voluntary transition of small finance banks (SFBs) to universal banks, prescribing criteria such as minimum net worth of ₹1,000 crore, net profit in the last two financial years... |
| 24.04.2024 | AU Small Finance Bank's Q4 net profit dips by 13% to Rs 371 crore | - |
| 16.04.2024 | Small finance bank stocks are on an uptrend. Does the rally have more legs? | - |
| 15.04.2024 | Bajaj Markets Helps Users Build Credit with 30+ Credit Card Options | Pune, Maharashtra, India
It is important to maintain a robust credit score for accessing favourable loan terms and credit opportunities. Bajaj Markets, a subsidiary of Bajaj Finserv presents a curated selection of 30+ credit cards designed ... |
| 11.04.2024 | Earn High Returns, Enjoy Maximum Savings: Invest in Tax-saver FDs through Bajaj Markets | Pune, Maharashtra, India
Bajaj Markets has partnered with some of India’s leading banks to offer tax-saver fixed deposits (FDs). Considering it’s the start of the financial year, this partnership aims to provide investors with a seamless wa... |
| 05.04.2024 | HDFC Bank's gross advances surge 55.4% to Rs 25.08 trn in Q4 FY24 | HDFC Bank, the largest private-sector lender in the country, has reported an increase in deposits of Rs 1.66 trillion in the January-March period, translating into a growth rate of 7.5 per cent over the previous quarter.
This addressed inve... |
| 04.04.2024 | SFBs securitise loans worth Rs 9,300 crore to generate liquidity | With intense competition for resources, small finance banks (SFBs) sold loans worth Rs 9,300 crore through securitisation in Fy24, up from about Rs 6,400 crore in Fy23 to generate liquidity for business operations, according to ICRA data.
A... |
| 04.04.2024 | SFBs seek glide path from RBI to become universal banks citing eligibility | Chief executives of various Small Finance Banks (SFBs), which met the Reserve Bank of India recently, have urged for a glide path to become universal banks, as most of them are eligible for such a conversion having completed five years of o... |
| 03.04.2024 | 'No change in RBI's stance on underlying exposure to forex derivatives' | The Reserve Bank of India (RBI) has not materially changed its stance on exchange-traded rupee derivatives and neither has it asked brokerages for proof of their clients' underlying forex exposure, two sources aware of the central bank's th... |
| 02.04.2024 | Fincare Small Finance Bank merges with AU Small Finance Bank With an emphasis on excellent post-merger customer service and smooth integration, the consolidation expands the client base and improves t... | - |
| 02.04.2024 | Banks, NBFCs must uphold standards with Fintechs: RBI Dy Governor D G Rao | The underwriting standards and pricing of risk of banks and Non-Banking Financial Companies (NBFCs) should not be affected while onboarding customers through fintech partners, noted M Rajeshwar Rao, Deputy Governor of the Reserve Bank of In... |
| 01.04.2024 | Should companies keep the public informed about the health of their CEO? | On March 22, the Princess of Wales, Kate Middleton, disclosed that she was undergoing treatment for cancer following a major abdominal surgery in January. The two-minute-15-second recorded video shocked the world, but ended months of conspi... |
| 01.04.2024 | Fincare SFB merges with AU SFB; consolidation enhances distribution network | AU Small Finance Bank (AU SFB) on Monday amalgamated Fincare Small Finance Bank (Fincare SFB), marking the first such consolidation in the sector.
In an all-stock merger deal first announced on October 29, 2023, where the shareholders of Fi... |
| 29.03.2024 | Begin the New Financial Year with FDs on Bajaj Markets | Pune, Maharashtra, India
Bajaj Markets has tied up with several leading banks and NBFCs to offer a range of investment products, including fixed deposits. It is an ideal savings scheme for individuals looking for a fresh start to the new fi... |
| 19.03.2024 | AU Small Finance Bank's Big Banking Dreams | AU Small Finance Bank is on a mission to transform into a universal bank, aiming to broaden its horizons, capture a larger audience, and solidify its place in the competitive Indian banking arena. This strategic shift is a bold step towards... |
| 19.03.2024 | HR, technology integration key challenge for Fincare-AU SFB merger | The integration of technology and human resources could be key challenges in the merger of AU Small Finance Bank and Fincare Small Finance Bank (SFB), slated to take effect from 1 April 2024, analysts have said.
Jaipur-headquartered AU SFB ... |
| 19.03.2024 | Markets pricing NDA win in LS polls; eyeing budget proposals now: Analysts | The markets are already pricing in a victory for the Narendra Modi-led National Democratic Alliance (NDA) in the upcoming general elections, and expect the alliance to achieve its 400-seat target, suggest analysts.
More than the outcome of ... |
| 18.03.2024 | AU Small Finance Bank Eyes Universal Bank Status | ECONOMY & POLICY AU Small Finance Bank Eyes Universal Bank Status
18 Mar 2024 2 Min Read CW Team
AU Small Finance Bank has set its sights on transitioning into a universal bank within the next 3 to 5 years. This strategic move aims to e... |
| 15.03.2024 | AU Small Finance Bank Eyes Universal Bank Status | ECONOMY & POLICY AU Small Finance Bank Eyes Universal Bank Status
15 Mar 2024 CW Team
AU Small Finance Bank has set its sights on transitioning into a universal bank within the next 3 to 5 years. This strategic move aims to expand the b... |
| 14.03.2024 | AU Small Finance Bank Eyes Universal Bank Status | ECONOMY & POLICY AU Small Finance Bank Eyes Universal Bank Status
14 Mar 2024 CW Team
AU Small Finance Bank has set its sights on transitioning into a universal bank within the next 3 to 5 years. This strategic move aims to expand the b... |
| 10.08.2022 | AU Small Finance Bank Raises Total Capital Of Rs 2,500 Cr | |
| 01.01.2022 | Ujjivan Small Finance Bank Raises Interest Rates On FDs Of Up To Rs 2 Cr | |
| 31.12.2021 | Ujjivan Small Finance Bank raises interest rates on FDs of up to Rs 2 cr | Customers of Ujjivan Small Finance Bank (SFB) can now earn as much as 6.75-7.50 per cent interest on their fixed deposits of up to Rs 2 crore, as the lender has increased the deposit rates with effect from Friday, according to a statement.
... |
| 27.07.2021 | ESAF Small Finance Bank files Rs 998-crore IPO papers with Sebi | ESAF Small Finance Bank has filed preliminary papers with capital markets regulator Sebi to raise Rs 998 crore through an initial public offer (IPO).
The Rs 997.78-crore public issue comprises fresh issue of equity shares worth Rs 800 crore... |
| 26.07.2021 | Kerala-based ESAF Small Finance Bank looks to raise ₹998 crore through IPO | Mumbai, Kerala-based ESAF Small Finance Bank on Monday filed its Draft Red Herring Prospectus (DRHP) with markets regulator Securities and Exchange Board of India for an IPO.
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As per the DRHP, the aggregate issue size is up to ... |
| 09.07.2021 | Utkarsh Small Finance Bank looks to raise ₹1,350 crore from its IPO | Utkarsh Small Finance Bank looks to raise ₹1,350 crore through fresh issue of shares worth ₹750 crore and an offer for sale to the tune of ₹600 crore by promoter Utkarsh Coreinvest.
The small finance bank’s deposit base is spread across 18 ... |
| 09.05.2021 | Fincare Small Finance Bank files Rs 1,330-cr IPO papers with Sebi | Digital lender Fincare Small Finance Bank has filed preliminary papers with capital market regulator Sebi to raise Rs 1,330 crore through an initial share-sale.
The initial public offer (IPO) comprises fresh issue of equity share of the ban... |
| 03.05.2021 | Motilal Oswal Private Equity invests $25m in Fincare Small Finance Bank | India Business Excellence Fund – III, managed and advised by Motilal Oswal Private Equity, has invested $25 million to pick up a minority stake in Fincare Small Finance Bank through a secondary acquisition.
Fincare Small Finance Bank (SFB) ... |
| 03.05.2021 | Motilal Oswal Private Equity invests $25m in Fincare Small Finance Bank | Premium
India Business Excellence Fund – III, managed and advised by Motilal Oswal Private Equity, has invested $25 million to pick up a minority stake in Fincare Small Finance Bank through a secondary acquisition.
Continue reading this sto... |
| 19.04.2021 | ESAF Small Finance Bank raises ₹162 crore through preferential allotment | Shelves IPO plans in view of subdued market outlook on BFSI stocks
ESAF Small Finance Bank has raised ₹162 crore as equity through preferential allotment of shares.
A total of 2.18 crore shares were allotted preferentially to certain invest... |
| 16.03.2021 | AU Small Finance Bank raises ₹600 crore through QIP | AU Small Finance Bank on Tuesday announced that it has completed the allotment of equity shares under its Qualified Institutions Placement and has raised ₹625.5 crore through the issuance of 50 lakh equity shares at an issue price of ₹1,251... |
| 16.03.2021 | AU Small Finance Bank raises Rs 625.5 crore from investors via qualified institutional placement | Jaipur-based AU Small Finance Bank has raised Rs 625.50 crore by issuing shares to a set of investors through qualified institutional placement (QIP).
The bank has completed the allotment of equity shares under QIP and has successfully rais... |
| 05.03.2021 | Utkarsh Small Finance Bank files for ₹1,350 crore IPO | Utkarsh Small Finance Bank Ltd has filed a draft red herring prospectus (DRHP or early initial papers) with the markets regulator to raise ₹1,350 crore through an initial public offering (IPO).
The offering would comprise a fresh issue of s... |
| 04.02.2020 | Ujjivan Small Finance Bank utilises entire fund of Rs 746 cr raised via IPO | New Delhi, Feb 4 () Ujjivan Small Finance Bank (USFB) on Tuesday said it has used the entire Rs 746 crore equity capital that it raised through an IPO in December.
"Entire amount has been utilised to meet the future capital requirement... |
| 13.12.2019 | AU Small Finance Bank Raises Rs 525 Crore From Temasek Arm Camas
AU Small Finance Bank Raises Rs 525 Crore From Temasek Arm Camas | AU Small Finance Bank Ltd. on Friday said Singaporean sovereign wealth fund Temasek through its wholly-owned subsidiary Camas Investments Pte has invested Rs 525 crore ($74 million) in the lender by conversion of warrants.
With this investm... |
| 13.12.2019 | AU Small Finance Bank raises $74m from Temasek arm Camas Investments | Premium
Singapore’s state investment arm Temasek, on Friday, said it has completed the acquisition of 4.8% stake in AU Small Finance Bank Ltd by infusing the balance ₹525 crore of its ₹1,000 crore investment plan in the Jaipur-based lender.... |
| 27.11.2019 | Capital Small Finance Bank raises $11.7m from OIJIF | Premium
Punjab-based lender Capital Small Finance Bank on Tuesday, said it has raised ₹84 crore equity capital from mid-market private equity (PE) firm Oman India Joint Investment Fund (OIJIF), which will hold a 9.9% stake in the bank.
Cont... |
| 07.03.2019 | AU Small Finance Bank partners with insurtech firm Acko General Insurance | -->
AU Small Finance Bank is continuously working on offering its customers access to financial services and products directly through their digital channels. |
| 30.11.2018 | AU Small Finance Bank raises Rs 500 cr via NCD | AU Small Finance Bank on Friday said it has raised tier II capital of Rs 500 crore through non convertible bonds issued on a private placement basis.
The bank raised the fund from a group of domestic investors which included mutual funds, b... |
| 18.10.2017 | MSMEs-focused Capital Small Finance Bank raises $4 Mn from SIDBI | Jalandhar-headquartered Capital Small Finance Bank has raised about $4 million from SIDBI (Small Industries Development Bank of India) and existing investors in its latest round of fund-raising.
Capital Small Finance Bank was one of the 10 ... |
| 07.05.2017 | Exclusive: IFC to invest $40m in Au Small Finance Bank unit via NCD route | Premium
International Finance Corporation (IFC) – the private lending arm of World Bank – will invest up to $40 million in Aavas Financiers Ltd (AFL), a subsidiary of Jaipur-based NBFC Au Small Finance Bank Ltd (formerly known as AU Financi... |
