#Financial Services

RBI Approval AU Small Finance Bank: ICICI Prudential AMC Stake

The RBI approved ICICI Prudential AMC and its associated funds to acquire an aggregate holding of up to 9.95% in AU Small Finance Bank. Here is a fact-checked breakdown of the regulatory framework, key timelines, and bank financial performance.

Enamul Huque Appointed CEO of Standard Chartered Bangladesh

Standard Chartered Bangladesh officially names Enamul Huque as its new Chief Executive Officer. Huque brings 25 years of experience to lead the bank into its next growth phase, starting Sept 1, 2026.

Karur Vysya Bank Opens 16 New Branches in Single-Day Expansion

Karur Vysya Bank (KVB) inaugurates 16 new branches across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and Delhi NCR, scaling its network to 919. Total business crosses ₹2.27 lakh crore.

Vishal Rathod Appointed CTO of AMFI: What Changes?

Vishal Rathod takes charge of AMFI’s technology function as India’s mutual fund industry expands its digital systems and investor services.

Girija Subramanian Joins IRDAI as Whole-time Member (Distribution)

Former New India Assurance CMD Girija Subramanian has assumed charge as Whole-time Member (Distribution) at IRDAI from August 10, 2026, bringing nearly four decades of insurance and reinsurance experience to the regulator

SK Finance Q4 Results: Reports ₹431 Crore PAT in FY26, AUM Rises to ₹15,755 Crore

SK Finance Limited reported strong FY26 performance with PAT of ₹431 crore, AUM of ₹15,755.22 crore and total disbursements of ₹9,162.27 crore for the year ended March 31, 2026.