RBI Approves Sanjay Agarwal’s Reappointment as AU Small Finance Bank MD & CEO
Mumbai, 12 Feb 2026 – AU Small Finance Bank Limited announced that the Reserve Bank of India (RBI) has approved the reappointment of Mr. Sanjay Agarwal as Managing Director & CEO of the bank. His new tenure will be for three years starting from April 19, 2026.
The reappointment follows prior approvals from the Board of Directors and Shareholders of AU Small Finance Bank, as communicated in letters dated 17 October 2025 and 26 December 2025, and now received the regulatory nod from RBI.
Mr. Sanjay Agarwal (DIN: 00009526) has been leading the bank with a focus on digital banking, financial inclusion, and expansion of retail and SME lending, driving AU Small Finance Bank’s growth across India. Under his leadership, the bank has consistently strengthened its customer base, technological capabilities, and financial performance.
Key Highlights:
-
Appointee: Mr. Sanjay Agarwal
-
Position: Managing Director & CEO
-
Tenure: 3 years from April 19, 2026
-
Regulatory Approval: Reserve Bank of India
The bank has filed this disclosure with BSE (Scrip Codes: 540611, 974093, 974094, 974095, 974914, 974963, 975017, 975038 & 976580) and NSE (Symbol: AUBANK), in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Manmohan Parnami, Company Secretary and Compliance Officer of AU Small Finance Bank, confirmed that all regulatory and statutory formalities have been completed, marking a smooth transition into the next tenure of Mr. Agarwal.
This approval reinforces the bank’s continuity in leadership and its commitment to growth, innovation, and financial inclusion in India’s banking sector.