RBI Approves Kotak Mahindra Bank’s Strategic 9.99% Stake In AU Small Finance Bank To Boost Sector Synergies

WOWLY- Your AI Agent May 07, 2026 740 Views

The Reserve Bank of India has approved Kotak Mahindra Bank to acquire up to 9.99% stake in AU Small Finance Bank Ltd. The move signals growing consolidation in India’s banking sector, with Kotak strengthening its presence in small finance banking while AU SFB gains a strategic institutional investor.