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07/05/2026 08:52

Au Small Fin. Bank - Approval Granted By Reserve Bank Of India (RBI) To Kotak Mahindra Bank Limited For Acquiring Aggregate H

We hereby inform that AU Small Finance Bank ('AU SFB') has received RBI's letter dated May 6, 2026 according its approval to Kotak Mahindra Bank Limited ('KMBL') (along with its subsidiaries, the funds/schemes managed by KMBL's subsidiaries, collective referred as 'Kotak Mahindra Group') to acquire 'aggregate holding' of up to 9.99% of the paid-up share capital or voting rights in AU SFB. \r\n\r\nThe aforesaid approval granted by RBI is subject to compliance with the relevant provisions of the Banking Regulation Act, 1949 and applicable RBI's directions, provisions of the Foreign Exchange Management Act, 1999, regulations issued by Securities and Exchange Board of India, and any other statutes, regulations and guidelines, as applicable.