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AU Small Finance Bank gets RBI

AU Small Finance Bank gets RBI's in-principle nod for universal bank licence

07 Aug 2025, 19:01 PM

The in-principle nod to operate as a universal bank was granted under the RBI's process for small finance banks to graduate to universal bank status.

RBI sets up committee to evaluate universal banks, SFB applications

RBI sets up committee to evaluate universal banks, SFB applications

21 Jan 2025, 03:47 AM

The Standing External Advisory Committee has been set up by RBI to assess the eligibility of applicants seeking to operate as universal banks and small finance banks.

Slice completes merger with North East SFB

Slice completes merger with North East SFB

05 Nov 2024, 02:45 AM

The fintech startup Slice announced the merger proposal in October 2023, and it received approval from the NCLT, along with necessary regulatory approvals,

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Fintech Highlights

  1. UPI in August: Debt collections, digital goods games, securities brokers see sharp value drop

  2. Insurtech startup Turtlemint files IPO papers via confidential route

  3. Amazon receives RBI nod for Axio acquisition

  4. ADIA sells entire stake in MobiKwik

  5. InCred Money launches new scheme to invest in digital gold and silver

  6. Read more news...

AI/Emerging Tech

  1. Former Scale AI executive founded AI startup Isotopes AI bags $20 million in seed funding

  2. OpenAI acqui-hires Xcode coding assistant Alex

  3. Stripe launches new blockchain company Tempo in partnership with Paradigm

  4. OpenAI to launch AI-powered hiring platform

  5. OpenAI to acquire product testing startup Statsig

  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

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