Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 148)
148.
Which bank has merged with AU Small Finance Bank, solidifying its presence in South India?
Answer: Option
Explanation:
AU Small Finance Bank merged with Fincare Small Finance Bank on April 1, 2024, in an all-stock deal approved by the RBI. This merger enhances AU SFB's reach in South India, creating a customer base of approximately 1 crore and expanding its network to 2,350 physical touchpoints across 25 states and union territories.
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