RBI Approves Sanjay Agarwal's Reappointment as AU Small Finance Bank MD & CEO

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CNBC TV18•12-02-2026, 23:11
RBI Approves Sanjay Agarwal's Reappointment as AU Small Finance Bank MD & CEO
- •RBI has approved the reappointment of Sanjay Agarwal as MD & CEO of AU Small Finance Bank for three years, effective April 19, 2026.
- •The bank's Board and shareholders had previously approved the reappointment, pending RBI's final consent.
- •AU Small Finance Bank reported a strong Q3 FY26 performance with net profit up 26.3% to ₹667.6 crore.
- •Net interest income (NII) also grew 26.3% to ₹2,341.3 crore, driven by robust loan growth.
- •The bank's asset quality improved, with gross NPAs easing to 2.30%, and shares gained on MSCI Global Standard Index weight increase.
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