Au Small Finance Bank Limited

AU Small Finance Bank Limited (AUSFB), formerly known as AU Financiers (India) Limited, commenced operations as a non-banking financial company (NBFC) in 1996. Initially focused on vehicle financing, the company gradually diversified into MSME lending, housing finance, and structured finance before receiving a Small Finance Bank (SFB) licence from the Reserve Bank of India in 2016. It commenced banking operations in 2017 and has since expanded its product offerings, customer base, and geographic presence across India. The bank further strengthened its franchise through the merger with Fincare Small Finance Bank in 2024. The bank is promoted by Mr. Sanjay Agarwal and is supported by a stable promoter group comprising Mr. Sanjay Agarwal, Ms. Jyoti Agarwal, Ms. Shakuntala Agarwal, and MYS Holdings Private Limited. It also has a diversified shareholding base with participation from foreign institutional investors (FIIs), domestic institutional investors (DIIs), and public shareholders. AUSFB offers a comprehensive suite of retail banking products, including vehicle loans, MSME loans, housing finance, microfinance, deposits, credit cards, and other banking and financial services. In addition to lending, the bank generates fee-based income through treasury operations and the distribution of third-party financial products. Its diversified product portfolio, strong retail franchise, expanding branch network, comfortable capital position, consistent profitability, and sustained growth in advances and deposits have established AUSFB as one of the leading small finance banks in India.