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Temasek Subsidiary Will get RBI Nod to Increase Stake in Indian Financial institution

Temasek Subsidiary Will get RBI Nod to Increase Stake in Indian Financial institution
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India’s central financial institution has granted approval to a unit of Singapore’s Temasek to extend its holding in AU Small Finance Financial institution to as a lot as 7%, in accordance with a Reuters report.

The monetary phrases of the stake growth weren’t disclosed.

Zulia Investments, a subsidiary of the state-owned funding agency, held a 1.37% stake within the financial institution as of the top of December, in accordance with alternate filings.

AU Small Finance Financial institution mentioned it obtained a communication from Zulia confirming that the Reserve Financial institution of India had accredited the transaction, supplied it’s accomplished by 12 February 2026.

If executed, the deal would place Zulia because the financial institution’s largest international portfolio investor.

Featured picture credit score: Edited from Freepik

 



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