AU Small Finance Bank has commenced its operations in Odisha with the first AU Bank branch launched in Bhubaneswar. With the launch of this branch, AU Bank now has over 730 plus banking touch points in 15 states and 2 union territories.
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.