trending Market Intelligence /marketintelligence/en/news-insights/trending/pdrqptnbi0kfnbabyr8d4q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Au Financiers (India) receives final approval to operate small finance bank

Streaming Media Devices Feel The Squeeze In Q3'19

AT&T To Use Wireless Subs To Create Buzz For HBO

Municipal CUSIP Requests On Pace For Record Year, Thanks To October Issuance Surge

Creating an Efficient Enterprise Wide Credit Risk Management System for a Leading Energy Company


Au Financiers (India) receives final approval to operate small finance bank

Au Financiers (India) Ltd. obtained a final license from the Reserve Bank of India to operate a small finance bank, Mint reported.

Among the 10 applicants to have been granted in-principle approval in September 2015, Au Financiers (India) is the sole nonbanking financial institution to receive such an approval.

This is the seventh such license given by the Indian central bank.

The company is also in the process of selling shares in early 2017 and has finalized four investments bankers to manage the proposed sale.

Earlier, the company cut its foreign shareholding to 49%, the maximum foreign shareholding allowed by the central bank in a small finance bank.