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RBI Approves Merger of AU Small Finance Bank and Fincare SFB.

Banking & Finance | Dated: 13 Mar 2026

The Reserve Bank of India (RBI) has formally approved the amalgamation of Fincare Small Finance Bank with AU Small Finance Bank. The merger will take effect from April 1, 2026, creating a robust and well-capitalized entity in the small finance banking sector.

🎯 Key Highlights:

  • All branches of Fincare SFB will operate as branches of AU SFB.
  • The merger was done under Section 44A of the Banking Regulation Act, 1949.
  • This is a landmark consolidation in the microfinance and SFB space.

💡 Other Important Facts:

  • Action: Bank Merger.
  • Entities: AU SFB & Fincare.
  • Regulator: RBI.

📚 Test Your Knowledge:

The Reserve Bank of India recently approved the amalgamation of Fincare Small Finance Bank with which other bank?

Correct Answer: AU Small Finance Bank

🚀 Quick Recap:

About AU Small Finance Bank

  • Headquarters - Jaipur, Rajasthan
  • MD & CEO - Sanjay Agarwal