displayed mixed performance on Tuesday, with gaining 1.83 per cent while and declined, amid differing fortunes in their universal banking ambitions.
AU Small Finance Bank closed at ₹880, up ₹15.80, after receiving regulatory approval from the Reserve Bank of India to transition into a universal bank. The stock touched a 52-week high of ₹884 on October 23.
In contrast, Jana Small Finance Bank fell 2.48 per cent to ₹446.15 after disclosing that the RBI had returned its universal bank application due to non-fulfillment of regulatory criteria. The bank had applied for the transition in June 2025. Ujjivan Small Finance Bank, which has also applied for universal bank status but is yet to receive a response from the RBI, declined 0.93 per cent to ₹53.50.
Among other small finance banks, Utkarsh Small Finance Bank was the worst performer, dropping 4.48 per cent to ₹19.60, while ESAF Small Finance Bank fell 3.46 per cent to ₹28.50. declined 1.22 per cent to ₹154.20.
On the positive side, Capital Small Finance Bank gained 1.16 per cent to ₹288.35, and Equitas Small Finance Bank edged up 0.42 per cent to ₹59.97.
Universal bank status allows institutions to expand beyond current restrictions and offer a broader range of financial services.