Last Updated: October 30, 2023, 11:44 IST
AU Small Finance Bank Merger
Shares of AU Small Finance Bank declined nearly 9 per cent on Monday, marking their lowest level since mid-April; Know why
Shares of AU Small Finance Bank declined nearly 9 per cent on Monday, marking their lowest level since mid-April after it announced the merger of Fincare Small Finance Bank Ltd. on Sunday via an exchange filing. The transaction is subject to the approval of the respective shareholders of both companies, the Reserve Bank of India and India’s competition regulator.
