AU SMALL FINANCE

AU SMALL FINANCE BANK Limited AU Small Finance Bank is an Indian commercial bank that was founded as vehicle finance company Au Financiers (India) Ltd in 1996 and converted to a small finance bank on 19 April 2017. The company was founded by Sanjay Agarwal (managing director and CEO of AU Small Finance Bank) as a private limited company, and publicly listed in an IPO on 29 June 2017. In November 2017, the Reserve Bank of India added the bank to its schedule of commercial banks, further improving the bank's growth prospects by reducing the cost of short-term funds and improving the bank's ability to provide services.