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India’s central financial institution has granted approval to a unit of Singapore’s Temasek to extend its preserving in AU Small Finance Financial institution to up to 7%, in step with a Reuters record.
The monetary phrases of the stake enlargement weren’t disclosed.
Zulia Investments, a subsidiary of the state-owned funding company, held a 1.37% stake within the financial institution as of the top of December, in step with change filings.
AU Small Finance Financial institution stated it won a communique from Zulia confirming that the Reserve Financial institution of India had authorized the transaction, supplied it’s finished through 12 February 2026.
If completed, the deal would place Zulia because the financial institution’s biggest overseas portfolio investor.
Featured symbol credit score: Edited from Freepik
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