AU Small Finance Bank Limited is the largest Indian scheduled commercial small finance bank. It was founded in the year 1996 in Jaipur, Rajasthan as a vehicle finance company to make formal finance accessible to the unserved and underserved sections of the society. In the year 2017, the company converted to a small finance bank after receiving a banking licence from the RBI. In the same year, it was listed on both BSE and NSE.
| Particular | Details |
| Bank Name | AU Small Finance Bank Limited |
| Type | Private Sector |
| Founded | 1996 |
| Founder | Sanjay Aggarwal |
| Headquarters | Jaipur, Rajasthan, India |
| MD & CEO | Sanjay Aggarwal |
| Chairman | H R Khan |
| Regulator | RBI |
| Services | Retail Banking, Corporate Banking, Investments and more |
| Branch Network | +2,505 |
| Customer Base | 1.16 crore |
| Total Deposits | INR 1.38 lakh crore |
| Total Advances | INR 1.25 lakh crore |
| CASA Ratio | 29% |
| Bank Type Focus | Small businesses, Underserved population and digital banking |
| Official Website | www.au.bank.in |
Net Worth and Market Cap
Net Worth of AU Small Finance Bank Limited was approximately INR 15,000 crore on 31st March 2024. The current market capitalisation of the bank is INR 72,273.92 crore.
Corporate Leadership
Sanjay Aggarwal is the Managing Director and CEO of AU Small Finance Bank Limited. He is also the founder of the institution. H R Khan is the Chairman and Independent Director, while Uttam Tibrewal is the Executive Director and Deputy CEO of the bank.
Key Products and Services
AU Small Finance Bank Limited provides a broad range of banking and financial products and services across segments, including retail banking, business banking, treasury operations and investment management. The bank focuses on underserved citizens of India, small businesses and digital banking.
There is a host of savings account options for retail customers. These include Digital, Royale, Platinum, Platinum World, Women, Value and Senior Citizens. Deposit options include fixed and recurring deposits. Retail loan products include personal loan, home loan, auto loan and two-wheeler loan.
Business banking solutions are geared towards supporting the growth of MSMEs, traders and corporates. Major solutions include current accounts, business loans, MSME financing, trade finance, working capital loans, term loans and commercial finance.
AU 0101 mobile application integrates over 100 services, including fund transfers, bill payments, investments, account management, loan applications, FD booking and lifestyle offers.
Scale of Operations
AU Small Finance Bank Limited is headquartered in Jaipur, Rajasthan, India. The bank’s distribution network is made of over 2,505 branches across 21 states and 4 union territories. Around 61% of the branches are located in rural and semi-urban areas of the country.
