Small Finance Bank Approval Details
The question asks to identify the Small Finance Bank (SFB) that received in-principle approval in August 2025 to transition into a Universal Bank.
Key Banking Update
Based on official announcements regarding banking sector transitions:
- AU Small Finance Bank was granted the necessary in-principle approval by the Reserve Bank of India (RBI) in August 2025 to operate as a Universal Bank.
This signifies a major step for AU Small Finance Bank in expanding its operational scope and services within the Indian banking landscape.
Important Questions from Banking
The base financial year for the calculation of the all India Index of Industrial Production (IIP) is:
Which two entities collaborated to launch the FIRST EA₹N Credit Card?
Consider the following statements:
1. Union Bank of India has become the first Indian bank to integrate Clari5's National Cybercrime Reporting Portal.
2. This integration aims to improve fraud prevention and complaint management.
3. The system was developed solely by the Reserve Bank of India.
Mark the correct statement from the above using the codes given below:
Consider the following statements:
1. Union Bank of India has become the first Indian bank to integrate Clari5's National Cybercrime Reporting Portal.
2. This integration aims to improve fraud prevention and complaint management.
3. The system was developed solely by the Reserve Bank of India.
Mark the correct statement from the above using the codes given below:
What is the primary objective of the renewed partnership between SBI Payments and Pine Labs?
