AU Small Finance Bank Gets RBI Nod to Upgrade into Universal Bank:

The Reserve Bank of India (RBI) has given ‘in-principle’ approval to AU Small Finance Bank Ltd. (AUSFB) to transition into a universal bank. Originally licensed as a small finance bank in 2015, AU began operations in April 2017. As of June 2025, the bank has expanded its reach to over 2,505 touchpoints across 21 states and four Union Territories, serving more than 1.15 crore customers and employing over 53,000 individuals.