AU Small Finance Bank Expands into Wealth Management Sector
2025-02-19
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Business Standard
AU Small Finance Bank is making a strategic move into the wealth management business, leveraging the lack of restrictions on the liabilities side of its small finance bank licence. With this venture, the bank aims to tap into the growing demand for wealth management services in Australia, offering a range of financial solutions to its customers. By diversifying its portfolio, AU Small Finance Bank is poised to increase its market share and revenue streams, while providing customers with a more comprehensive suite of banking services, including investment advice and financial planning, to cater to the increasing demand for wealth management and financial advisory services.
