AU Small Finance Bank files for final universal bank licence

Kolkata: AU Small Finance Bank has made the final application for universal banking license in March after the Reserve Bank of India relaxed the requirement to set up a non-operative holding company … AU Small Finance Bank has submitted its final application for a universal banking license after the RBI relaxed the non-operative holding company requirement. The bank is fully prepared technologically and product-wise for the transition, having received in-p…