AU Small Finance Bank to shift HQ to Mumbai
AU Small Finance Bank's promoters will transfer shares to a non-operative holding company, fulfilling RBI's requirements for its transition to a universal bank. Following in-principle approval from the RBI, the bank will also relocate its corporate headquarters from Jaipur to Mumbai. This structure allows the CEO to explore other financial services.
AU Small Finance Bank's promoters will transfer shares to a non-operative holding company, fulfilling RBI's requirements for its transition to a universal bank. Following in-principle approval from the RBI, the bank will also relocate its corporate headquarters from Jaipur to Mumbai. This structure allows the CEO to explore other financial services.
