AU Small Finance Bank, in October last year, announced the merger scheme with Fincare Small Finance Bank Ltd, which the Reserve Bank of India (RBI) approved earlier this month.

AU Small Finance Bank And Fincare Small Finance Bank Board Approves An All-Stock Merger The Boards of AU SFB and Fincare SFB respectively considered the results of due diligence of key aspects of ...

In a first big merger between two small finance banks, Fincare Small Finance Bank is merging with AU Small Finance Bank (AU SFB) in an all-share deal.

India Business News: Mumbai: The boards of AU Small Finance Bank and Fincare Small Finance Bank approved an all-stock merger of AU SFB and Fincare SFB at their respective .

The Reserve Bank of India (RBI) on March 4 said it has approved the Scheme of Amalgamation of Fincare Small Finance Bank with AU Small Finance Bank Ltd. The effective date of the amalgamation will ...

After the merger, existing shareholders of Fincare will hold close to 9.9% in AU Small Finance Bank, an accompanying investor presentation said. The combined entity will have a balancesheet of 1.1 ...

AU Small Finance Bank shares drop 9% following merger approval with Fincare SFB ...

In October last year, the board of directors of AU Small Finance Bank (AU SFB) and that of Fincare Small Finance Bank (Fincare SFB) approved an all-stock merger of AU SFB and Fincare SFB.

While AU Small Finance Bank started operations in April 2017, Disha Microfin (which later became Fincare SFB after a merger with Future Financial Services) commenced operations in July 2017.

BENGALURU, March 4 (Reuters) - The Reserve Bank of India on Monday approved the $530 million merger of Fincare Small Finance Bank FINR.NS with AU Small Finance Bank AUFI.NS, effective April 1.

The Competition Commission of India (CCI) has granted approval for the merger of Fincare Small Finance Bank with AU Small Finance Bank, according to a disclosure made in an exchange filing on ...

AU Small Finance Bank, based in Jaipur, has made a significant announcement on Sunday, stating its intention to acquire Fincare Small Finance Bank, which was founded by Rajeev Yadav. This ...