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AU Small Finance Bank receives scheduled bank status from RBI

02 Nov 2017 Evaluate

AU Small Finance Bank has received scheduled bank status from the Reserve Bank of India (RBI). The Bank has been included in Second Schedule to RBI Act, 1934 by Reserve Bank of India vide Official Gazette Notification No. 423 on November 01, 2017.

AU Small Finance Bank is Jaipur Rajasthan based non-banking finance company focused on retail segment serving low and middle income individuals and businesses that have limited or no access to formal banking and finance channels.

Peers
Company Name CMP
HDFC Bank 692.30
ICICI Bank 1394.00
Axis Bank 1214.70
Kotak Mahindra Bank 461.00
Indusind Bank 840.00
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