AU Bank

RBI okays Kotak stake acquisitions in Federal Bank, AU Bank, J&K Bank

The Federal Bank as well as the AU Small Finance Bank informed the stock exchange in separate filings here on Thursday, that the Reserve Bank of India (RBI) has cleared the acquisition of 9.99% stakes each in both banks by Kotak Mahindra Bank Ltd.

Business

Haryana bars IDFC First Bank, AU Small Finance Bank from handling govt transactions over alleged Rs 590 crore fraud

The state government ordered all departments, boards, corporations and public sector undertakings to stop using these banks for deposits, investments or any other financial dealings.

AU Bank

RBI okays Kotak stake acquisitions in Federal Bank, AU Bank, J&K Bank

Haryana bars IDFC First Bank, AU Small Finance Bank from handling govt transactions over alleged Rs 590 crore fraud

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