The Reserve Bank of India (RBI) has officially approved the reappointment of Mr. Sanjay Agarwal as the Managing Director & CEO of AU Small Finance Bank Limited. The reappointment is effective from April 19, 2026, for a fixed term of three years. This confirmation follows prior approvals secured from the Bank’s Board and Shareholders in late 2025, subject to the RBI’s final consent regarding DIN: 00009526.
Regulatory Approval Secured for Leadership Continuity
AU Small Finance Bank Limited has received necessary regulatory clearance from the Reserve Bank of India (RBI) concerning its top executive leadership. The RBI issued its letter on February 12, 2026, confirming the reappointment of Mr. Sanjay Agarwal to the roles of Managing Director & CEO of the Bank.
Terms of Reappointment
The reappointment of Mr. Agarwal (DIN: 00009526) is sanctioned for a tenure of three (3) years. This new term is set to commence on April 19, 2026. This decision finalizes earlier communications regarding shareholder and board approvals for the three-year extension, which were initially announced on October 17, 2025, and December 26, 2025.
Disclosure to Exchanges
This development, which ensures stability in the Bank’s management, has been formally communicated to the stock exchanges. The Bank listed the required symbols, including AUBANK on the NSE, and multiple scrip codes for the BSE. The disclosure was executed by Company Secretary and Compliance Officer, Manmohan Parnami, on the date of the RBI approval.
Source: BSE
