AU Small Finance Bank

Overview

AU Small Finance Bank is Indian small finance commercial bank + NSE: AUBANK BSE: 540611 + Sanjay Agarwal Indian founder family + foreign institutional investors FII ~40%+ + Indian retail + domestic institutional investors free float + India's largest small finance bank by assets + founded Jan 10 1996 in Jaipur Rajasthan India as AU Financiers NBFC then Apr 19 2017 AU Small Finance Bank commercial banking license under RBI Small Finance Bank framework + ~50M+ AU SFB customers [1, in-cro].

History

Jan 10 1996 — AU Financiers founded in Jaipur Rajasthan India by Sanjay Agarwal as Indian vehicle finance NBFC.

Apr 19 2017 — AU Small Finance Bank commercial banking license under RBI Small Finance Bank framework consolidating AU Financiers NBFC into Indian small finance commercial bank distinctive Indian small finance banking heritage as India's largest small finance bank by assets.

Apr 9 2024 — AU SFB Fincare Small Finance Bank merger completed consolidating into India's largest small finance bank.

Ownership & operator

Operating entity: AU Small Finance Bank Limited (Indian small finance commercial bank; NSE: AUBANK; BSE: 540611).

Major shareholders: Sanjay Agarwal (Indian founder family) + foreign institutional investors FII ~40%+ + Indian retail + domestic institutional investors free float.

Regulators: Reserve Bank of India RBI.

Technical integration

AU Mobile app (iOS + Android; ~50M+ AU SFB customers) + aubank.in online + AU Small Finance Bank branch network across India + AU Visa + Mastercard + RuPay cards; RuPay Indian national card scheme + EMVCo QRCPS QR payments + Bharat QR (Indian national QR payment scheme) + UPI Unified Payments Interface (Indian instant payments) + Indian Rupee INR domestic transfers.

Implementations & partners

Major Indian small finance + commercial banking + payments competitors: [[ujjivan-small-finance]] (Ujjivan Small Finance Bank) + [[equitas-small-finance]] (Equitas Small Finance Bank) + [[suryoday-small-finance]] (Suryoday Small Finance Bank) + [[esaf-small-finance]] (ESAF Small Finance Bank) + [[utkarsh-small-finance]] (Utkarsh Small Finance Bank) + [[bandhan-bank]] (Bandhan Bank; Indian universal commercial bank converted from microfinance NBFC) + [[upi]] (Unified Payments Interface UPI).

Regulators: Reserve Bank of India RBI.

Status

Active, Indian small finance commercial bank + NSE:AUBANK BSE:540611 + Sanjay Agarwal Indian founder family + India's largest small finance bank by assets + founded Jan 10 1996 in Jaipur Rajasthan India as AU Financiers NBFC then Apr 19 2017 AU Small Finance Bank commercial banking license + Apr 9 2024 Fincare merger + ~50M+ AU SFB customers [1, 2].

Sources

• 1 AU SFB — official
• 2 AU SFB — Wikipedia
• in-cro In-corpus: reports/countries/IN-india.md

Source

Biography extracted from au-small-finance.md. See matrix.md for standards-support matrix if present.