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RBI OKs Kotak Mahindra Bank to buy nearly 10% in AU Small Finance Bank stake
Business
Published on 7 May 2026
Approval clears Kotak for up to 9.99%—with key limits
AU Small Finance Bank said the RBI has approved Kotak Mahindra Bank to acquire an aggregate holding of up to 9.99% in the Mumbai-headquartered lender. The move follows an exchange filing by AU SFB confirming the regulator’s clearance for the stake acquisition, setting the stage for Kotak’s expansion into small finance banking within defined ownership limits.
- RBI has approved Kotak Mahindra Bank’s stake acquisition plan
- Kotak can buy up to 9.99% aggregate holding in AU Small Finance Bank
- AU SFB confirmed the approval through an exchange filing
- The deal proceeds under RBI-defined ownership limits
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic