RBI approves reappointment of Sanjay Agarwal as MD & CEO of AU Small Finance Bank

AU Small Finance Bank Limited has received approval from the Reserve Bank of India for the reappointment of Sanjay Agarwal as Managing Director and Chief Executive Officer of the bank.In a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the bank said the RBI, through a letter dated February 12, 2026, has approved Agarwal’s reappointment for a period of three years with effect from April 19, 2026.

The bank noted that the reappointment had already been approved by its Board and shareholders, as communicated earlier through letters dated October 17, 2025 and December 26, 2025, subject to RBI approval.
Earlier on Jan 20, AU Small Finance Bank had reported a solid operating performance for the December quarter of FY26 on Tuesday, January 20, with net profit rising 26.3% year-on-year to ₹667.6 crore, compared with ₹528 crore in the year-ago period, driven by strong growth in core income.
Its net interest income (NII) also grew 26.3% year-on-year to ₹2,341.3 crore, from ₹2,023 crore in Q3FY25, reflecting healthy loan growth and stable margins. The bank’s asset quality showed marginal improvement, with gross NPAs easing to 2.30% from 2.41% sequentially, while net NPAs remained flat at 0.88%.Shares of AU Small Finance Bank Ltd. gained on Wednesday, February 11, as it will witness a weight increase in the MSCI Global Standard Index because of a float adjustment.

As per Nuvama Alternative and Quantitative Research, the lender is estimated to see inflows of around $172 million, or 15.6 million shares, after the weight increase.

Today, Thursday (Feb 12), also AU Small Finance Bank Ltd shares gained 0.91% to end the day at ₹999.30 on the NSE. The stock rose by ₹9.05 during the session, reflecting positive investor sentiment.

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