Key Points
New Delhi [India], January 24 (ANI): The Competition Commission of India (CCI) has granted its approval for the merger of Fincare Small Finance Bank Limited (Fincare) and AU Small Finance Bank Limited (AU)...
According to CCI, this significant move is poised to reshape the landscape of the small finance banking sector...
AU Small Finance Bank, a prominent banking entity, offers an array of personal and commercial banking services..
On the other hand, Fincare Small Finance Bank is recognized for its comprehensive banking services, encompassing deposit services like savings accounts, current accounts, fixed deposits, and recurring deposits...
The amalgamation of Fincare Small Finance Bank and AU Small Finance Bank is expected to bring about strategic advantages, strengthen market presence, and contribute to the overall growth of the small finance banking segment in India..
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