RBI grants AU Small Finance Bank to deal with foreign exchange
Reserve Bank of India vide its letter dated April 19, 2023 has granted Licence to act as Authorized Dealer Category-I (AD-I) under section 10 of FEMA, 1999 to deal in foreign exchange, AU Small Finance Bank said in a regulatory filing.
The re-appointment is valid with effect from April 19 till April 18, 2026, AU Small Finance Bank said in a statement, Pic- PTI