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AU Small Finance Bank starts operations in eastern India

13 Nov 2020 Evaluate

AU Small Finance Bank has started its operations in Eastern India with the setting up of a branch in the metropolis on November 12, 2020. Since the start of banking operations three and half years ago, AU has presently 710 touchpoints in 13 states and two UTs.

AU Small Finance Bank is a small finance bank (SFB) that has recently transitioned from a prominent, retail focused nonbanking finance company (NBFC), which primarily served 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 704.25
ICICI Bank 1345.00
Axis Bank 1256.00
Kotak Mahindra Bank 443.00
Indusind Bank 852.90
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